R/€ = 18.1533 Change: 0.0051
R/$ = 17.3527 Change: 0.0177
Au 1772.79 $/oz Change: 1.69
Pt 985.50 $/oz Change: -5.50


Ford ‘remains engaged’ with Transnet on development of southern rail corridor

By: Irma Venter     2nd December 2022 Ford South Africa remains “actively engaged” with government and its rail arm, Transnet, to enable vehicle and component transport to and from the Gqeberha port, says Ford Motor Company Africa president Neale Hill. “Frustratingly so we seem to make progress, and then it all seems to retreat. 

First new Ford Ranger assembled at Silverton plant, where Phase 2 solar project is in the works

By: Irma Venter     2nd December 2022 The first new Ranger – Job 1 – has been assembled at Ford’s Silverton plant in Pretoria. Production of the new-generation bakkie follows a R16-billion investment in the US car maker’s local operations and at its suppliers. 

Imagine a world without fuel emissions… now you’re envisioning what Nel Hydrogen is making possible

30th November 2022 Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy.  

Hydrogen engine paves way for net-zero targets

By: Sabrina Jardim     25th November 2022 Power technology provider Cummins released its zero-carbon hydrogen internal combustion engine (H2-ICE) concept truck, powered by the B6.7H hydrogen engine, at this year’s International Automobile Exhibition (IAA) transportation conference, which was held from September 20 to 23 in Hannover,... 

HyProMag receives grants to advance magnet production in Germany

By: Marleny Arnoldi     23rd November 2022 TSX-V- and Aim-listed Mkango Resources’ 42% indirectly owned UK-based rare earths recycling subsidiary HyProMag has been granted funding of €3.7-million to further develop its knowledge base, infrastructure and recycled neodymium magnet production capacity. The funding will help realise... 

VWSA looks to assemble third model at Kariega plant, local EV production may start by 2035 – new CEO

By: Irma Venter     18th November 2022 Polo and Polo Vivo production will continue in South Africa beyond 2025, confirms newly appointed Volkswagen Group South Africa (VWSA) CEO and chairperson Martina Biene. However, the local arm of the German vehicle manufacturer will know in four to six weeks if it has secured production of a... 

Volvo Trucks SA plant starts Euro 5 assembly

By: Irma Venter     11th November 2022 Volvo Trucks South Africa (SA) has started assembly of Euro 5 specification trucks at its plant in Durban, KwaZulu-Natal. Euro 5 truck variants have been available in South Africa since 2012, but are now for the first time assembled locally. 

Breaking China’s grip on rare-earths market a 'pipe dream', Australia says

By: Bloomberg     1st November 2022 Australia’s Resources Minister said it was a “pipe dream” that Western countries could soon end their reliance on China for rare earths and critical minerals -- vital for the defense, aerospace and automotive industries -- due to the Asian powerhouse’s existing grip on global markets. “That’s a... 

Platinum group metals gaining ground in Australia where PGMs have critical status

By: Martin Creamer     31st October 2022 Exploration and resources development company Podium Minerals is continuing to blaze a trail in platinum group metals (PGMs) in Australia, where PGMs have been classified as critical minerals, which is also the case the US, Japan, India and the Eurozone. ASX-listed Podium on Monday announced a... 

John Deere Construction

28th October 2022 John Deere Construction entered the Southern African market in March 2021. Over the past 20 months, a lot has happened in the yellow equipment space. John Deere Financial announced in March 2022 that it had extended its portfolio to include construction and mining machines. Its objective is to... 

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