R/€ = 17.00 Change: -0.05
R/$ = 14.20 Change: -0.04
Au 1763.89 $/oz Change: 17.88
Pt 1202.50 $/oz Change: 15.00

Press Office - Caterpillar



Digitising manual and paper-based processes - increasing efficiencies and data velocity

By: Creamer Media Reporter      9th April 2021 Statistics show that since the onset of the Covid-19 pandemic, many sectors and industries have expedited their digitalisation strategies to stay relevant and in business. The pandemic’s impact on the world economy and the restrictions it enforced on day-to-day business activities have pushed... 

Automakers using know-how to accelerate the uptake of platinum-based fuel cell systems 

By: Simone Liedtke     17th March 2021 While it is widely accepted that for hydrogen to fulfil its potential in enabling the clean energy transition, collaboration is essential and a recent report by the Hydrogen Council talks of the need to accelerate product and solution development, while acknowledging that this will require new... 

Fitch raises metals, mining price assumptions in line with returning demand, low inventories 

By: Donna Slater     26th February 2021 Ratings agency Fitch Ratings has revised some of its metals and mining price assumptions in line with that it sees as commodity prices being set to benefit in the short term from returning demand, as well as slow supply response and low inventories. The agency’s revision of all iron-ore price... 

Climate change mitigation efforts contribute to hydrogen fuel cell market growth

By: Donna Slater     18th February 2021 There is a growing market for hydrogen-fuelled, proton exchange membrane (PEM) fuel cells that rely on platinum catalysts in the transportation sector, especially zero-emissions powertrains in heavy-duty and fleet commercial vehicles, according to platinum investment stimulator the World Platinum... 

Hinkley Point C nuclear power plant project, UK – update

By: Sheila Barradas     12th February 2021 A detailed review of schedule and cost has been performed at Hinkley Point C to determine the impact of the Covid-19 pandemic on the project so far. 

Nersa committee holds back approval on Eskom application to buy short-term power 

By: Terence Creamer     5th February 2021 The National Energy Regulator of South Africa’s (Nersa’s) electricity subcommittee decided, on February 5, not to approve Eskom’s application for the emergency procurement of electricity from eight private generators under its Short-Term Power Purchase Programme (STPPP). In March 2020, the... 

Eskom supports lifting licensing exemption threshold for electricity generation to 50MW  

5th February 2021 Eskom CEO Andre de Ruyter has expressed support for a lifting of the licensing threshold on distributed generators from 1 MW to 50 MW. Engineering News editor Terence Creamer unpacks the significance of this statement.   

BI plans strategic acquisitions, new products and services for 2021

By: Creamer Media Reporter      19th January 2021 The current economic situation might offer excellent opportunities for acquisitions within its field of operation, comments Bearings International (BI) Managing Director Bart Schoevaerts. This comes off the back of increased collaboration within the Hudaco Group, of which BI forms part. Plans for... 

AngloGold says will achieve strong yearly free cash flow performance 

By: Chanel de Bruyn     18th December 2020 Gold miner AngloGold says it is on track to build on the robust free cash flow of $516-million in the first nine months of the year and is expected to post its strongest annual free cash flow performance in almost a decade. In a year-end update published on December 18, interim CEO Christine... 

120 MW Golden Valley Wind Energy Facility connected to the grid

By: Creamer Media Reporter      17th December 2020 The 120 MW Golden Valley Wind Energy Facility, in the Eastern Cape, is the latest wind farm to be connected to South Africa's national grid.  “We are pleased to announce the successful commissioning of all 48 wind turbine generators as the year draws to an end and we prepare to have our portfolio... 

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