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COVID-19: Mitsubishi unpacks movement of PGM markets amid lockdowns

  • Date: 27-03-20
  • Category: COVID-19
  • Source: Mining Weekly

Mitsubishi Corporation International (MCI) says in its latest precious metals update that it expects South Africa’s platinum supply to reduce by around 7%, or by between 200 000 oz and 300 000 oz, in light of closed operations during South Africa’s 21-day national lockdown.

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AUTO SALES: JATO Dynamics: in decline of Euro new car market, electrified vehicles increase share to almost 13%

  • Date: 27-03-20
  • Category: AUTO SALES
  • Source: Green Car Congress

The decline of the European new car market has continued throughout February. According to JATO Dynamics data, 1,063,264 units were registered last month, compared to 1,143,852 in February 2019. This equates to a decline of 7.0%, as last month saw the lowest number of registrations since 2015, when only 955,113 units were registered.

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PGM PRODUCERS: Tharisa Says Tharisa PGM Smelter On Care And Maintenance

Tharisa has received force majeure notifications from its platinum group metals (PGM) concentrate offtakers. The Tharisa PGM smelter is on care and maintenance Tharisa has declared force majeure on its contracted chrome concentrate sales agreements.

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AUTO PRODUCTION: Production impact of COVID-19 on the European auto industry

EU-wide production losses due to factory shutdowns amount to at least 1,198,945 motor vehicles so far. This figure includes passenger cars, trucks, vans, buses and coaches.

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POLLUTION: Coronavirus delays cleaner air plans in cities

  • Date: 26-03-20
  • Category: POLLUTION
  • Source: BBC

Plans to reduce high-polluting vehicles travelling around UK cities are set to be delayed due to the coronavirus crisis.

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AUTO SALES: New Vehicle Sales Drop in March to Close a Down First Quarter in 2020, Edmunds Forecasts

  • Date: 26-03-20
  • Category: AUTO SALES
  • Source: Edmunds

The car shopping experts at Edmunds say that March will be a down month for the auto industry due to the coronavirus (COVID-19) pandemic, forecasting that 1,044,805 new cars and trucks will be sold in the U.S. for an estimated seasonally adjusted annual rate (SAAR) of 11.9 million. This reflects a 35.5% decrease in sales from March 2019 and a 23.4% decrease from February 2020.

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AUTO SALES: VW expects car market to recover in summer

  • Date: 26-03-20
  • Category: AUTO SALES
  • Source: Auto News

BERLIN -- Volkswagen expects the car market in Germany to recover in the summer after the automaker was forced to suspend output due to the coronavirus pandemic.

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AUTO SALES: China - Major cities relax license plate control to spur car sales

  • Date: 26-03-20
  • Category: AUTO SALES
  • Source: Auto News

SHANGHAI – With a big push from President Xi Jinping, large cities across China have finally started to loosen limits on new-vehicle sales.

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