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...Her designation of the scheme as one of “national significance” means a planning application for a converter station at Alverdiscott, which would be needed to transfer power into the grid, and other infrastructure...
...on Monday that it would reduce its headcount by almost a fifth, after a 71 per cent plunge in profitability following a sharp fall in platinum group metal prices, which are primarily used in catalytic converters...
...Anglo to sell De Beers or its platinum group metals division Amplats because both have long-term challenges in lab-grown stones and the decline of combustion engine vehicles as PGMs are used in catalytic converters...
...PGM producers are struggling with a structural decline in demand caused by the shift to electric vehicles, which displace combustion engine vehicles that need those metals to produce catalytic converters...
...Umicore has been hit hard by the falling price of platinum, palladium and rhodium, which has affected its combustion engine business as these metals are components of catalytic converters....
...Flattish profits in its mainstay catalytic converter business for internal combustion cars have not helped matters. Umicore took action on Tuesday....
...Anglo American has fared worse than rivals as prices for key commodities in its portfolio such as platinum and palladium — primarily used in catalytic converters that control emissions in cars — and diamonds...
...“You’re in a dogfight”, says one senior wind industry executive, describing a scramble for converter stations....
...The business, which has historically made the bulk of its revenues from making catalytic converters for combustion engines, is one of a handful of western suppliers that produces the highly specialised materials...
...Bocconi has installed a radio beacon system to improve accessibility for people with visual impairments, made its websites more accessible, introduced an automatic converter to transform inaccessible documents...
...Platinum is used in catalytic converters that reduce vehicles’ harmful emissions, as well as in glass fibre for wind turbines, electronics and petrochemical plants....
...placed on Russian nickel by western governments to date, partly because Russia’s largest nickel supplier, Norilsk Nickel, also generates 40 per cent of the world’s palladium, a key component in catalytic converters...
...Faemina from £4,570, faema.com Rhodri Marsden The e-bike converter My Dutch-style town bike hadn’t been ridden for about three years, but having transformed it into an e-bike using the Swytch kit (essentially...
...They are the least efficient converters of feed among the animal proteins and require ~6lbs in the feedlots to gain 1lb of muscle and even more roughage (grass) to gain 1lb in the field....
...Demand for interconnectors and other infrastructure such as wind turbines is growing rapidly, straining supply chains for the electricity cables and converter stations needed for connection to the grid....
...Russia produces about a quarter of the world’s palladium, which is used in catalytic converters in vehicles, and exports most of what it produces....
...Jordan Roberts, battery raw material analyst at Fastmarkets, warned that because of the finely balanced market “if one of the mines or third party converters are delayed, Europe will very much be short of...
...Global demand for platinum — a key metal in car catalytic converters as well as in glass-fibre for wind turbines, electronics and petrochemical plants — is expected to surge 28 per cent this year as supply...
...Global platinum demand is forecast to surge 28 per cent this year to 8.2mn ounces after investors piled in, adding to strong industrial consumption and increasing use of the metal in car catalytic converters...
...Accrol prides itself on being the UK’s leading independent tissue converter. In other words, a producer of toilet tissue, kitchen towel, and biodegradable wet wipes....
...The plant will create 700 new jobs and help meet surging demand for SiC chips, which can handle higher voltages with better efficiency than silicon chips in batteries and catalytic converters in cars....
...The 78-year-old La Rochelle plant, which supplies rare earths for automotive catalytic converter and semiconductor production, will help bolster Europe’s autonomy over the rare earth supply chain....
...The UK government has imposed import tariffs on palladium and platinum necessary for the catalytic converter, used to reduce emissions (Report, May 9)....
...Johnson Matthey makes more than half of its revenues from catalytic converters that absorb harmful emissions from petrol and diesel cars, a sector that may enjoy a short-term benefit from tightening emissions...
...Norilsk is a crucial supplier to the automotive industry, producing nickel for electric vehicle batteries, as well as palladium for the catalytic converters that limit harmful emissions in petrol and hybrid...
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