Renault Targets Better Second-Half Performance
The French automaker earlier this month slashed its financial targets for the year amid a deteriorating auto market, with increasing competition and a falling retail market.
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8 minutes ago
- Yahoo
Sibanye Stillwater Limited (SBSW): A Bull Case Theory
We came across a bullish thesis on Sibanye Stillwater Limited on by walter99. In this article, we will summarize the bulls' thesis on SBSW. Sibanye Stillwater Limited's share was trading at $9.24 as of July 25th. SBSW's trailing and forward P/E were 4.67 and 10.94, respectively according to Yahoo Finance. A mine entrance, showcasing the precious metals and minerals that this company produces. Sibanye-Stillwater (SBSW), a major producer of platinum group metals (PGMs)—platinum, palladium, and rhodium—offers a leveraged play on a sector where years of underinvestment and misjudged demand forecasts have created the setup for an extended upcycle. PGMs are essential for automotive catalysts and jewelry, with catalytic converters alone accounting for 43% of platinum and 84% of palladium demand. Market pessimism has been fueled by overestimates of battery electric vehicle (BEV) penetration, but BEV sales growth in the U.S. and Europe flatlined in 2024, suggesting that internal combustion engine and hybrid vehicle demand—and thus PGM demand—will remain resilient. Supply is structurally constrained: South African PGM miners underspent by ~$18 billion over the last decade, 40% of global supply operates at or below cash costs, and production is forecast to decline through 2029. With long lead times for new supply, a persistent deficit projected by the World Platinum Investment Council, and palladium in deficit until at least 2028, any uptick in demand can drive a sharp price response. Recycling, a secondary supply source, remains depressed post-COVID, adding to market tightness. SBSW's profits, crushed by low PGM prices in 2024, have substantial torque to higher prices, as shown in 2020–2021 when the stock hit $20 on elevated metal prices. Today, at $7, platinum's rebound to $1,250 suggests early signs of a cyclical turn. Risks include economic weakness, faster BEV adoption, and rising recycling supply, but with constrained production, a decade of underinvestment, and platinum already rallying, SBSW presents asymmetric upside if PGM prices sustain an upcycle. Previously, we covered a on Sibanye Stillwater Limited (SBSW) by Hugo Navarro in February 2025, highlighting its diversified asset base in PGMs, gold, lithium, and recycling, with growth levers despite weak PGM prices. The stock has appreciated by about 130% as PGM prices rebounded. The thesis still stands, and Walter99 shares a similar view but emphasizes SBSW's leverage to a sustained PGM upcycle. Sibanye Stillwater Limited is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 20 hedge fund portfolios held SBSW at the end of the first quarter which was 18 in the previous quarter. While we acknowledge the potential of SBSW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Drive
9 minutes ago
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Prodrive's Subaru WRC Homage Can Be Yours for a Cool Million Bucks
Get The Drive's daily newsletter Email address Sign Up Thank you! Terms of Service & Privacy Policy. A few years back, Subaru and long-time tuner and rally supporter Prodrive partnered up to produce a white-hot tribute to the WRC97 rally car and its street-prowling equivalent, the iconic 22B STI. Despite its now-retro looks, the Prodrive P25 may look fairly unassuming, and its 450-horsepower output, while healthy even by modern Subaru standards, isn't lighting the world on fire either. But if you look a little closer, you'll begin to understand why this tightly packaged rally homage sold out at its sticker price of $600,000. If you think that's a lot of scratch for a millennial's Gran Turismo fever dream come true, then you'll be appalled by the P25's depreciation curve. In fact, that's not even the correct term; try appreciation curve. This example for sale on Race Cars For You was listed for 700,000 pounds—$932,736 U.S. Yep, they want nearly a million bucks for something with last-gen pony car power and a silhouette from 1997. Here's the thing: It might be worth it. Both Jerry and I have driven this thing. At risk of coming off like the elder millennial that I am, I have to admit that it borders on sublime. The brap-brap of the turbocharged 2.5-liter boxer is peak WRC nostalgia, and everything about the chassis and suspension feels beautifully dialed in. Sure, the WRX and STI (RIP) were always traditionally marketed as street-going rally cars, but in the P25's case, it's far closer to the literal truth. Set aside the raw power figure for a second, because it's really the least-interesting figure on the P25's spec sheet. Let's start on the other side of the equation. Thanks to its extensive use of carbon fiber and other weight-saving materials, the P25 weighs just 2,500 pounds. That's 5.6 pounds per horsepower—50% leaner than a C8 Corvette. There's no manual gearbox, because that's not what the rally cars used. Yep, this sucker has a sequential. It's a bit strange to use coming from a traditional automatic (or even the typical street-car sequential) gearbox, but hey, race car! The example Jerry and I got to sling around Milford was fitted with standard buckets and three-point seat belts, along with a somewhat subdued set of wheels. This buyer sprung for the optional racing-style seats and Schroth harnesses, plus the throwback gold wheels. Yep, that's exactly how I'd buy it. Time to start digging under the couch cushions… Got a tip? Send it our way at tips@
Associated Press
10 minutes ago
- Associated Press
Brewery-Inspired Scalable CO2 Liquefaction Solves Missing Link for Carbon Capture Startups
From Craft Beer to Climate Solutions: Kim Dalum's Scalable Brewery-Inspired CO2 Liquefaction Solves Missing Link for Carbon Capture Startups. 'It's been a rewarding experience working with some of the brightest pioneers and innovators in the carbon capture industry to help them solve this ongoing challenge of processing and liquefying CO2.'— Kim Dalum SøNDERSø, DENMARK, August 4, 2025 / / -- The fight against climate change demands innovative solutions, and sometimes, the most impactful advancements emerge from unexpected places. DALUM Beverage Equipment, a Danish startup initially focused on CO2 recovery within the craft brewing industry and is now proving to be a critical enabler for broader carbon capture and direct air capture (DAC) initiatives, thanks to its pioneering and cost-effective CO2 liquefaction technology. Founded by veteran engineer Kim Dalum, a recognized expert in CO2 processing, DALUM Beverage Equipment developed a patented solution allowing craft breweries and distilleries to recover, purify, and liquefy CO2 produced during fermentation for reuse or sale. This process is a significant 'low-hanging fruit' for carbon avoidance, given that fermentation CO2 boasts over 97% purity, a stark contrast to the mere ~12% purity typically found in industrial flue gases. The potential impact within the beverage sector alone is substantial. With 22 million barrels of craft beer produced globally each year, there's a potential to recover 80,000 metric tons of CO2 annually, at an estimated cost of just €70 per ton. A prime example of this success is Stewart Brewing in Scotland, which not only reuses its recovered CO2 but also sells the excess, turning a waste product into a valuable revenue stream. Beyond breweries, distilleries represent another largely untapped source of biogenic CO2. While distilleries don't typically use CO2 in their processes, captured CO2 could be sold, sequestered in building materials, or even used for dry ice – all applications that directly displace CO2 sourced from industrial, fossil fuel-intensive processes. However, DALUM's journey has taken an unexpected turn, revealing a critical need in the wider carbon capture landscape. Over the past two years, numerous carbon capture and DAC startups have approached DALUM, seeking solutions for the final, crucial stage of their process: CO2 liquefaction. Many of these nascent companies, while excelling in front-end capture and enrichment technologies, struggle with finding cost-effective, turn-key solutions for liquefying CO2, especially pilot programs and smaller-scale commercial plants. Kim Dalum elaborates, 'It's been a rewarding experience working with some of the brightest pioneers and innovators in the carbon capture industry to help them solve this ongoing challenge of processing and liquefying CO2 – no single project is the same and very much experimental in nature.' This is where DALUM's specialized expertise shines. Kim Dalum's background as the former CEO of Union Engineering (now owned by Pentair), a leading manufacturer of industrial CO2 recovery plants, provides an unparalleled foundation in gas processing. DALUM has leveraged this experience to design custom liquefaction solutions capable of purifying CO2 with purity as low as 70% coming from flue gas at a project with the environmental technology company ESTECH in Denmark at the municipality of Odense. Another project Kim Dalum personally was involved in, is in Germany, an innovative DAC project led by DACMA and Karlsruhe Institute of Technology (KIT). Crucially, DALUM's plants are designed for accessibility. Starting at €44,000, for their smallest size, a 5kg/hr unit, they arrive fully assembled and are remarkably compact – about the size of a phone booth. This makes them an attractive proposition for startups that need efficient, scalable, and readily deployable liquefaction capabilities without significant upfront infrastructure investment. To date, DALUM has sold ten plants to carbon capture and DAC customers ranging in capacities from 5kg per hour of CO2 to 30kg+ per hour, demonstrating the versatility of their technology, with some units customized for lower purity CO2 streams and others being standard models. By providing this essential 'last mile' solution, DALUM enables carbon capture and DAC startups to focus on their core capture technologies, accelerating the deployment of crucial climate solutions. DALUM Beverage Equipment's evolution from a niche beverage industry supplier to a pivotal player in the broader carbon capture ecosystem highlights the interconnectedness of sustainable practices across industries. Their innovative approach to CO2 liquefaction is not just optimizing brewing; it's helping to unlock the potential of a truly circular carbon economy. About Dalum Equipment DALUM Equipment based in Denmark and Wisconsin, USA was founded by Kim Dalum, PhD. Dalum's mission is to make a significant contribution to the reduction of global CO2 emissions in the craft brewing market and beyond. Kelly Fetherolf Dalum Beverage Equipment +1 818-391-7544 email us here Visit us on social media: LinkedIn Instagram Facebook YouTube Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. 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