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ESKOM: Eskom’s Quickest Fix Is Giving It Cash Now, Swapping Debt Later

  • Date: 14-07-19
  • Category: ESKOM
  • Source: Bloomberg

Ask Nedbank Group Ltd. Chief Executive Officer Mike Brown how to save South Africa’s beleaguered state-owned power utility and his approach is simple: first give it cash and then consider a debt-to-equity swap later.

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LITHIUM: Cornish Lithium turns to crowd funding to secure role in UK's EV future

  • Date: 13-07-19
  • Category: LITHIUM
  • Source: Europe Auto News

LONDON -- Cornish Lithium, a battery minerals company set up by a former London analyst, on Friday became the first British miner to launch a crowd funding campaign as it seeks play a role in securing strategic mineral supplies.

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SOUTH AFRICA: JSE closes flat as it struggles for direction

  • Date: 13-07-19
  • Category: SOUTH AFRICA
  • Source: Sierra Leone Times

The JSE struggled for direction on Friday eventually closing marginally weaker as it faded towards the close. Despite the majority of the local bourse's main indices trading weaker on the day, the resources index mitigated this downside as most miners rebounded following significant losses in the prior session.

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ELECTRIC VEHICLES: Ford will build electric car on VW platform in Germany

Ford Motor will build battery-powered cars based on Volkswagen Group's MEB electric platform at its factory in Cologne, Germany, and VW will invest $2.6 billion in Ford's Argo AI self-driving unit.

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BATTERY RECYCLING: Lithium-ion recycling rates far higher than some statistics suggest

While it is often stated only 5% of lithium-ion batteries are recycled, a review of research into the second life and recycling of lithium-ion batteries suggests that is a gross understatement. A new study found almost 100,000 tons of waste batteries were recycled last year – about half of what reached end-of-life.

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DIESEL: India's diesel demand set for detour as drivers switch to gasoline

  • Date: 12-07-19
  • Category: DIESEL
  • Source: Reuters

NEW DELHI/SINGAPORE July 12 (Reuters) - India’s strong diesel demand growth is decoupling from the car market as motorists increasingly turn to gasoline vehicles, leaving it more reliant on patchy demand from construction and heavy industry.

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PGM PRODUCERS: Anglo American’s Cutifani not thinking of retirement as plots coup de grâce

IT would be a trifle indelicate to draft Anglo American CEO, Mark Cutifani’s corporate epitaph right this minute; after all, he’s busy.

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PGM PRODUCERS: Weird legal case still dogs Royal Bafokeng Platinum

A two-year feud over a fence – the mining group must rue the day it brought in a small contractor to do some work at one of its mines.

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