Thursday, December 26

Tag: Non-ferrous Metals

Platinum Miners Face Demand Downturn as EV Transition Revs Up
13Dec By adminNo Comments
World

Platinum Miners Face Demand Downturn as EV Transition Revs Up

Miners of platinum metals are likely to face plummeting demand in the coming years, victim to the automotive industry’s transition to battery-electric vehicles.A decline in demand could happen as soon as 2025-26, Citi analysts say in a research note, forecasting “a structural demand downturn in a scale and speed hardly seen across the commodity markets.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Impala Platinum Says 11 People Died in Shaft Incident
28Nov By adminNo Comments
World

Impala Platinum Says 11 People Died in Shaft Incident

Impala Platinum Holdings said 11 employees died in a shaft incident at its Rustenburg operations in South Africa, with 75 hospitalized, in the worst mining accident for a South African company in 14 years.The precious-metals mining company said Tuesday that the rescue operation is complete and all 86 employees are accounted for.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Health Care Roundup: Market Talk
20Nov By adminNo Comments
World

Health Care Roundup: Market Talk

The latest Market Talks covering the Health Care sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0833 GMT – Hong Kong shares closed higher, led by tech and consumer stocks amid overall positive sentiment. China kept its benchmark lending rates steady as expected, which may stabilize the mainland and Hong Kong stock markets. Almost all sectors gained, with the technology and consumer sectors leading gains. JD Health International rose 5.4% and Tencent Holdings gained 3.6%. Haidilao International was up 5.3% and China Mengniu Dairy advanced 4.3%. China Hongqiao Group led losses, dropping 0.3%, and Sino Biopharmaceutical was down0.3%. The benchmark Hang Seng Index closed 1.9% higher at 17778.07 and the Hang Seng Tech Index was up 2.45%. (jiahui.huang@ws...
Read More
Albemarle Drops $4.16 Billion Offer for Lithium Miner Liontown Resources
15Oct By adminNo Comments
World

Albemarle Drops $4.16 Billion Offer for Lithium Miner Liontown Resources

SYDNEY—Albemarle scrapped its proposed $4.16 billion takeover of Liontown Resources, citing the difficulty of completing one of the biggest-ever lithium deals after Australia’s richest woman bought a large stake in the company.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More