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Diesel vehicle push could boost platinum demand, says WPIC 

By: Donna Slater     25th September 2020 A resurgence in encouraging vehicle buyers to buy diesel vehicles could result in a boost for platinum demand, says the World Platinum Investment Council (WPIC). In January 2021, the European Commission will measure the average fleet carbon dioxide (CO2) emissions of each European automotive... 

Hydrogen, platinum fund sets up shop in South Africa with dollars to invest 

By: Martin Creamer     11th September 2020 London-headquartered AP Ventures, an independent venture capital fund focussed on investing in early-stage companies that use or enable the use of platinum group metals (PGMs), has established a presence in South Africa. AP Ventures founding partner Kevin Eggers told this week’s virtual 2020 PGMs... 

Trafigura launches $500m low-carbon aluminium financing platform

By: Mariaan Webb     8th September 2020 Commodities trader Trafigura has launched a $500-million ‘low carbon aluminium’ financing platform, which it says is a first-of-its kind for the company and the wider market. Supported by Natixis and Rabobank, the platform will enable Trafigura to access finance at a preferential interest rate... 

Rhodium may turn out to be the metal of the decade – Northam 

By: Martin Creamer     28th August 2020 Rhodium may turn out to be the metal of the decade, Northam CEO Paul Dunne said on Friday. Speaking at the JSE-listed company’s presentation of outstanding results, which saw the company shrug off the Covid-19 pandemic to report a record financial year in the 12 months to June 30, Dunne said... 

Initiative launched to stimulate adoption of fast-growing energy management standard by South African firms  

By: Terence Creamer     25th August 2020 An initiative is under way to accelerate the adoption by South African industrial firms of the international energy management standard ISO 50001, which is designed to help improve the performance of a company’s energy-intensive assets to support cost savings and emission reductions. Although ISO... 

Covid-19 to contribute to lower lead output, says GlobalData

By: Tasneem Bulbulia     21st August 2020 Global lead production is expected to decrease by 5.2% to 4.5-million tonnes this year, says data and analytics company GlobalData. The outbreak of the Covid-19 pandemic in late December 2019 significantly impacted the mining industry in the first half of this year and continues to do so. 

PGMs recovery under way, but uncertainty remains

By: Tracy Hancock     21st August 2020 Many geographic regions active in the platinum group metals (PGMs) sector are in the early stages of recovery, following the economic impact of the Covid-19 pandemic, with platinum, palladium and rhodium expected to remain in deficit this year. However, a great deal of uncertainty remains, as... 

PGMs producer navigating Covid-19 market disruption

By: Tracy Hancock     21st August 2020 ‘Business unusual’ is expected to characterise much of the 2021 financial year, owing to the Covid-19 outbreak, says platinum group metals producer Impala Platinum (Implats).    The company expects to face increasing challenges in terms of its medical preparedness and operational resilience,... 

SA manufacturers urged to be ‘less reliant’ on global value chains 

By: Simone Liedtke     21st August 2020 Despite positive indications, such as seen in various recent Purchasing Manager’s Indices, Manufacturing Circle executive director Philippa Rodseth is urging South Africa to take hold of the opportunity presented by Covid-19 in becoming less reliant on global value chains and single-source... 

July new-vehicle sales decline by 30%

By: Irma Venter     21st August 2020 Total South African new-vehicle sales declined 29.6% in July to 32 396 units, compared with the 46 042 vehicles sold in the same month last year. The new-passenger-car market fell by 35.8% to 18 905 units. 

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