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India’s jewellery market maintained its robust growth during the final quarter of last year, while Japan enjoyed modest gains, and the US was flat following a multiyear period of phenomenal post-pandemic performance.

Umicore patented a process for recovering platinum group metals (PGM) from PGM-bearing catalysts containing silicon carbide (SiC). By mixing catalysts with an Fe-oxide compound and smelting in specific conditions, high PGM yields are achieved.

As widely expected, Anglo American Corporation has rejected the £31m takeover bid from BHP saying it “significantly undervalues Anglo American and its future prospects.”

The bid was unanimously rejected by the Anglo board of directors which also commented the BHP proposal “contemplates a structure which the Board believes is highly unattractive for Anglo American’s shareholders, given the ...

About 3 900 jobs are on the line at platinum group metals (PGM) miner Implats as weak platinum prices and input cost pressures have forced it to consider retrenchments, it said today. This number represents about 9% of the workforce at Impala Rustenburg, Impala Bafokeng and Marula, as well as the corporate office. Implats intends to cut 30% of head office costs.

UBS has forecasted a modest surplus in the Pd market, projecting an excess of 50,000 Toz, or 0.5% of demand, for this year. This surplus is expected to contribute to a downward trend in Pd prices, with a target of $900/Toz by the end of 2024. The firm maintains a negative outlook on the metal's future pricing.
The anticipated oversupply is attributed to a decline in demand for auto catalysts ...

GOLD and SILVER PRICES stemmed and reversed some of Monday's steep drop in London trade Tuesday, rallying from near 3-week lows but leaving the 'safe haven' precious metal with its sharpest 1-day drop since May 2022.

Hanau, Germany-based Heraeus Precious Metals has introduced a product line under the brand name Circlear made with 100 percent recycled-content precious metals.

The market development aspect of the platinum group metals (PGM) industry is fundamentally key, it was repeatedly stated at last week’s 2024 Resources for Africa Platinum Day.
AP Ventures has been recognised as the most active investor in hydrogen beginners globally by the Mind the Gap: Venture Funding of Hydrogen Start-ups report by H2UB and after visiting a Texas company in which AP Ventures is ...

Fortescue has opened a hydrogen electrolyzer factory near Gladstone, Queensland, that will have capacity to produce more than 2 GW of proton exchange membrane (PEM) electrolyzer stacks per year, helping to support the company's plans to ramp up green hydrogen production in the decade ahead.

As the price of gold climbed to a new all-time high on Monday, strategists at UBS said there were good reasons to expect the price to continue rising. The rally of around 13% so far in 2024, as the market responds to geopolitical risks and the effect of renewed inflation risks on Federal Reserve rate expectations, has been unusual, said the UBS chief investment office team.

EPA SETS ‘STRONGEST-EVER’ EMISSIONS STANDARDS FOR TRUCKS

The PRICE of GOLD went into the long Easter weekend at new record highs on Thursday, fixing above $2213 per Troy ounce at London's afternoon benchmarking auction – and gaining 8.0% in Dollar terms for the month – as the surge in global stock markets paused and new US data gave a mixed picture for the world's largest economy ahead of tomorrow's core PCE inflation figures.

The study, led by chemical and biomolecular engineering professor Xiao Su, describes the first precious metal extraction and separation process fully powered by the inherent energy of electrochemical liquid-liquid extraction, or e-LLE. The method uses a reduction-oxidation reaction to selectively extract gold and platinum group metal ions from a liquid containing dissolved electronic waste.

Cummins and Tata cut ribbon on first hydrogen engine factory in India.
The plant is expected to produce 4,000 H2 engines a year

Johnson Matthey to sell medical device components unit for $700M
The segment makes components for medical devices, such as nitinol and metallic coatings.

Palladium tumbles 3.7% on demand woes

Adsorbed structure of caffeine on well-defined Pt single crystal electrodes and the activity of air electrode of fuel cell before (blue bar) and after (orange bar) caffeine modification.

The U.S. Department of Energy recently launched the Electronics Scrap Recycling Advancement Prize, which will award a total of up to $4 million over three phases for innovations that “substantially increase” the recovery and reuse of valuable materials from e-scrap.

The Biden administration is reportedly easing its push toward putting more electric vehicles on the road and cutting tailpipe emissions in the next few years.

Precious metals prices kept climbing on Wednesday amid United States Federal Reserve Chair Jerome Powell's remarks on inflation and interest rate cuts. Palladium led the gains rising more than 10%.

Toyota has taken a slower path to electrification than its competitors, choosing instead to prioritize hybrid and hydrogen-fueled vehicles. Although this tendency won the ire of many in the industry, a recent explosion of demand within the hybrid segment has led many, including automakers who once planned to abandon the internal combustion engine (ICE) within the decade, to reconsider Toyota’s ...