PGM News: 05/07/2018

DIESEL: SMMT urges government to back new-tech diesel, as uncertainty continues to impact new car market

UK new car market declines by moderate -3.5% to 234,945 registrations. Strong growth for petrols and plug-ins can’t offset heavy diesel declines, with demand down -28.2% as buyers hesitate. Year-to-date market falls -6.3%, with 1.3 million new cars joining UK roads in first six months. SMMT calls for technology neutral strategy giving motorists confidence to buy right car and right technology for their needs.

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Source: https://www.smmt.co.uk

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PRODUCERS: Royal Bafokeng taking 100% of Rasimone platinum mine

JOHANNESBURG (miningweekly.com) – Black-controlled platinum mining company Royal Bafokeng (RBPlat) on Thursday announced that its joint venture partner Anglo American Platinum (Amplats) had agreed to accept R1.8-billion for the remaining 33% of the Bafokeng Rasimone Platinum Mine (BRPM).

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Source: http://m.miningweekly.com

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INVESTMENT: First platinum bar in China

WPIC is proud to work with Hengfu Yingjia to develop the first platinum bar with a purity of 999.5 in the domestic market. The product is produced by the Swiss-based Mettler Group, an internationally renowned precious metal product manufacturing company. At present, the products and channels of the domestic platinum investment market have yet to be developed. The emergence of this product has filled a gap in spot investment.

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Source: http://www.0755zb.com

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