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LITHIUM: Lithium hit by oversupply and electric vehicle subsidy cuts

  • Date: 27-08-19
  • Category: LITHIUM
  • Source: Financial Times

The rise of the electric car was once a boon for the lithium industry, which produces the critical raw material for all batteries used in the vehicles. But this year has been bleak.

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COBALT: Glencore-backed Canada cobalt refinery aims for first production by late 2020

  • Date: 26-08-19
  • Category: COBALT
  • Source: Mining Weekly

The refinery that TSX-V-listed First Cobalt plans to bring back to life in Canada with funding by global mining group Glencore, is set for first production late next year, the junior company said on Monday, announcing that it had entered into a definitive financing agreement with Glencore.

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AUTO PRODUCTION: GM, Volkswagen Say Goodbye to Hybrid Vehicles

Auto makers for two decades have leaned on hybrid vehicles to help them comply with regulations on fuel consumption and give customers greener options in the showroom. Now, two of the world’s largest car manufacturers say they see no future for hybrids in their U.S. lineups.

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PGM PRODUCERS: Northam's peak funding for its projects is over

JOHANNESBURG - JSE-listed platinum group producer Northam Platinum aims to return value to shareholders now that it is over the peak funding requirements for its projects.

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BATTERIES: S. Korean EV battery makers striving to secure cathode materials

  • Date: 26-08-19
  • Category: BATTERIES
  • Source: YNA

SEOUL, Aug. 26 (Yonhap) -- South Korea's major battery makers are striving to secure key materials for electric vehicle (EV) batteries, with demand for cathode metals spiking in line with the EV battery sector's sharp growth, industry watchers said Monday.

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LITHIUM: Lithium producers fall as SQM forecasts continued oversupply

  • Date: 23-08-19
  • Category: LITHIUM
  • Source: Financial Times

Shares in lithium producers fell on Thursday after Chile’s SQM forecast continued oversupply in the market for the battery raw material, which it said would weigh on prices for the remainder of the year.

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AUTO SALES: China imposes 25% tariff on US light vehicles

  • Date: 23-08-19
  • Category: AUTO SALES
  • Source: Auto News

China said that it will impose additional tariffs on a total of $75 billion of U.S. goods in retaliation for President Donald Trump’s latest planned levies on Chinese imports.

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LITHIUM: Ganfeng to wrap up Bacanora investment approvals in ‘coming weeks’

  • Date: 20-08-19
  • Category: LITHIUM
  • Source: Mining Weekly

China’s Ganfeng Lithium has expressed its commitment to supporting the financing of the Sonora project that London-traded Bacanora Lithium is advancing in Mexico.

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