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Topic

Fuel cell vehicle sales boosting platinum demand outlook   

By: Martin Creamer     24th July 2017 Growth potential for platinum is emerging in the rapid build-up off a low base of fuel cell electric vehicle sales. Fuel cell vehicle sales are expected to grow by more than 200% this year, with Japan targeting 200 000 fuel cell electric vehicles on its roads in 2025 and 800 000 in 2030. 

Platinum for new fuel cell Mercedes cut to autocat level  

By: Martin Creamer     12th July 2017 German car manufacturer Daimler has cut the platinum loading of its new fuel cell Mercedes to catalytic converter level. “We reduced the amount of platinum by 90%, which provides a significant cost reduction. Our fuel cell is not much above the platinum loading of a catalytic converter on a... 

Tangible growth seen in global lithium market, says project developer

By: Mariaan Webb     11th July 2017 The global lithium market has witnessed “significant and tangible” change in recent weeks, with Europe embracing lithium-ion energy storage on a political and industry level, says project developer Plymouth Minerals. The company, which is developing the San Jose lithium/tin deposit in regional... 

Australia joins lithium-ion battery 'gigafactory' race

By: Mariaan Webb     28th June 2017 Plans to build lithium-ion battery plants in Australia are moving apace, with at least two proposals on the table for 'gigafactories' in Queensland and the Northern Territory. A consortium led by Boston Energy and Innovation announced on Wednesday that it had selected a site for a planned... 

Savannah aims to tap into European lithium market with 'strategic' Portugal acquisition

By: Mariaan Webb     25th May 2017 Multicommodity company Savannah Resources has announced an agreement to buy a series of highly prospective lithium prospects in Portugal, including an advanced project,as the company seeks to tap into the world’s second-largest lithium market after China. As part of the transaction to buy a 75%... 

Glencore says electric car boom is coming faster than expected

By: Bloomberg     16th May 2017 Glencore CEO Ivan Glasenberg said the rise of electric cars will significantly boost demand for minerals including copper and lithium in the coming decades. “The electric vehicle revolution is happening and its impact is likely to be felt faster than expected,” Glasenberg told investors at an... 

Critical minerals project awaits funding for construction

By: Simone Liedtke     17th February 2017 With cobalt trading above $17/lb and trending higher toward longer-term averages, project developer Fortune Minerals saw this as an opportune time to secure the project financing needed to build its Nico project, in Canada. 

Enormous global demand on way for copper, platinum, zinc – Friedland

By: Martin Creamer     8th February 2017 Enormous global demand is building up for copper, platinum and zinc, driven by new technology, mitigation of health risks in hospitals and agricultural augmentation, Ivanhoe Mines executive chairperson Robert Friedland said on Wednesday. In a comprehensive address to the Investing in African... 

Isondo excited about prospects for a viable fuel-cell manufacturing industry 

By: Kim Cloete     8th February 2017 Isondo Precious Metals is rolling out its fuel-cell strategy and is planning to establish a fuel-cell component manufacturing plant in South Africa. Isondo CEO Vinay Somera on Wednesday said he and his team had “scoured the world” for the best-in-class technology with an eye on building a... 

Mining majors use Davos to get their messages across

By: Martin Creamer     27th January 2017 Mining companies featured strongly in a multi-page feature in the edition of Time magazine that followed closely on the heels of the influential World Economic Forum meeting in Davos. Mining majors like South Africa’s Anglo American, America’s Newmont and Canada’s Goldcorp got their messages... 

Davos boosts platinum fuel cell outlook with hydrogen council launch 

By: Martin Creamer     18th January 2017 Hydrogen-powered fuel cell electric vehicles (FCEVs) offer the most natural solution for emission-free vehicles, discharging only water and requiring negligible change to current driving and refuelling habits, which is why 13 leading energy, transport and industry companies this week chose Davos... 

Savannah granted permits for Finland lithium projects

By: Anine Kilian     23rd June 2016 Aim-listed Savannah Resources has been granted reservation permits over two new lithium projects, Somero and Eräjärvi, in Finland.     CEO David Archer said that these projects provided the company with access to the lithium market, which, in light of growing demand from the burgeoning battery... 

Dakota announces lithium buy in Portugal, Capital eyes Ireland

By: Mariaan Webb     1st June 2016 In separate transactions, two Australian exploration companies on Wednesday announced their expansion into Europe, with Dakota Minerals set on Europe’s largest lithium producing country, Portugal, and Capital Mining setting its sight on projects in Ireland. Dakota had signed a binding agreement... 

Child labour rife at DRC cobalt mines, say NGOs

By: David Oliveira     29th January 2016 Major electronics brands, including Apple, Samsung and Sony, are failing to do basic checks to ensure that cobalt mined by children has not been used in their products, according to Amnesty International and Africa Resources Watch (Afrewatch) in a report published in January. The report, ‘This is... 

World’s biggest telehandler now in Australia

     3rd August 2015 At a massive 45 tonnes the Magni HTH 45.14 is the world’s biggest telehandler, and it’s available in Australia. The monstrous machine is being distributed locally by Magni Telehandlers Australia, who are bringing a range of the specialist machines to the domestic market. Magni Telehandlers... 

Platinum bridal jewellery demand up in China, fuel cells powering blocks of flats

By: Martin Creamer     23rd July 2015 Platinum marketing money previously devoted largely to discounts and commissions is now being used to boost platinum jewellery, investment and fuel cell promotion, says Anglo American Platinum (Amplats) CEO Chris Griffith. Bridal platinum jewellery demand is growing in China, platinum demand... 

1 000 platinum-powered Hyundais in UK this year – Amplats 

By: Martin Creamer     25th May 2015 Fuel cell electric vehicles will allow platinum mining to build its future in a truly sustainable way on the back of zero exhaust emissions and the use of the world’s endless supply of hydrogen as a fuel source, Anglo American Platinum (Amplats) CEO Chris Griffith has told Platinum Week 2015 in... 

Fuel cells, cleaner fuel to create new platinum demand

By: Martin Creamer     9th February 2015 A move towards cleaner fuel and a focus on fuel cells for cars would be the sources of new demand for platinum, SFA Oxford chairperson Stephen Forrest told the Mining Indaba on Monday. Forrest said that Toyota, Honda and Hyundai were all expected to release fuel-cell cars next year, with Daimler... 

Bigen Africa expands to Port Elizabeth

     12th November 2013 Bigen Africa, a thought-leading multinational infrastructure development consultancy, has expanded its South African footprint to include Port Elizabeth, ensuring full-spectrum service capability in the Eastern Cape. Although Bigen Africa already has well-established branches in Cape Town and... 

Customer-needs considerations drive Federal-Mogul South Africa’s investment in technology

By: Creamer Media Reporter      2nd August 2013 Federal-Mogul South Africa’s Port Elizabeth business unit, specialising in vehicle component solutions, is putting the needs of its customers first by investing in cutting-edge technology to produce heat shields, gaskets and seals, among other products 

Finnish company opens SA office to better serve market

     19th July 2013 Finnish mining equipment manufacturer and construction chemicals supplier Normet last month opened an office in South Africa, to better service its Southern African clients and provide a greater selection of its products. A number of its lifters and underground logistics vehicles use hydraulic... 

Abu Dhabi's Aabar writes down Glencore stake

By: Reuters     16th November 2012 A top shareholder in Glencore, Abu Dhabi's Aabar Investments, has written off more $392-million of its $1-billion investment in the commodities trader, less than two years after taking part in its record listing. Aabar, a unit of Abu Dhabi's State-owned International Petroleum Investment, became... 

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