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ACQUISITIONS: Sibanye-Stillwater takes majority stake in DRDGold

  • Date: 13-01-20
  • Category: ACQUISITIONS
  • Source: Mining Journal

Sibanye-Stillwater (JSE: SGL) has exercised its option to take a majority stake in South African surface mining and processing company DRDGold (JSE: DRD).

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RHODIUM: The World’s Most Precious Metal Leaves Everything Else in the Dust

  • Date: 13-01-20
  • Category: RHODIUM
  • Source: Bloomberg

Palladium’s great start to the year pales in comparison to its lesser known, but much more expensive sister metal, rhodium.

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EMISSIONS: Birmingham traffic plan: Private cars could be banned from city centre

  • Date: 13-01-20
  • Category: EMISSIONS
  • Source: BBC

Trips through Birmingham city centre by private cars could be banned under plans to cut traffic and pollution.

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AUTO SALES: China says no significant cut in new energy vehicle subsidies in 2020

  • Date: 13-01-20
  • Category: AUTO SALES
  • Source: Reuters

BEIJING/SHANGHAI, Jan 11 (Reuters) - China will not make significant cuts to subsidies for new energy vehicles (NEV) this year, signalling that its policy will remain relatively stable, state media quoted the country’s industry ministry as saying on Saturday.

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EMISSIONS: Polluting vehicles could be pulled from UK sale, say carmakers

  • Date: 13-01-20
  • Category: EMISSIONS
  • Source: The Guardian

Carmakers could pull models from the UK, the automotive industry has warned, as the British taste for polluting vehicles clashes with the difficulty of meeting post-Brexit carbon dioxide limits.

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EMISSIONS: New EU emissions rules to delay Mercedes EV in U.S.

  • Date: 13-01-20
  • Category: EMISSIONS
  • Source: Auto News

LAS VEGAS — Most of the demand for Mercedes-Benz's upcoming electric EQC compact crossover is expected from Europe — so the automaker is delaying the model's U.S. launch, Daimler CEO Ola Källenius said here last week.

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FUEL CELLS: Alstom orders batteries for fuel cell trains from Akasol

  • Date: 13-01-20
  • Category: FUEL CELLS
  • Source: Electrive

Akasol will supply battery systems for more than 40 hydrogen trains of the type Alstom Coradia iLint, which were ordered from Alstom by the regional public transport company of Lower Saxony and the Rhine-Main transport association.

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AUTO SALES: India passenger vehicle sales see sharpest drop in 20 years in 2019

  • Date: 13-01-20
  • Category: AUTO SALES
  • Source: Economic Times

As per data released by industry body Society of Indian Automobile Manufacturers (SIAM), commercial vehicle sales in the year under review fell 15% to 854,759 units. Two-wheeler sales declined 14.19% to 18,568,280 units in 2019. While sales of scooters dropped 16.03% to 5,841,259 units, those of motorcycles fell 12.92% to 12,012,896 units.

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