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Johnson Matthey

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 ...

Platinum remains in fundamental deficit, Northam CEO Paul Dunne emphasised at the company’s presentation, which reported a strong performance from all group operations in the six months to Dec. 31.
“In mining terms, it’s a slow-burning fuse. Ultimately, we will see a price response to this picture,” said Dunne, as he displayed a visual diagram indicating the downward outlook for platinum supply. ...

The forces involved at present point to higher prices for silver.
The Silver Institute reports the all-in sustaining cost (AISC) for producing silver jumped by 57% year over year. The industry average is now estimated at $17/oz for 2023, although some data suggest the attributable cost of producing byproduct silver from (copper, zinc, and lead mines) is much lower.

Hensel Recycling has announced that it has completed an acquisition agreement with Red Fox Resources.

Hensel Recycling has announced that it has completed an acquisition agreement with Red Fox Resources.