Partial curfew lift will revive business activity, say experts

  • Date: 27-Apr-2020
  • Source: Arab News
  • Sector:Economy
  • Country:Saudi Arabia
  • Who else needs to know?

Partial curfew lift will revive business activity, say experts

RIYADH: Experts have welcomed a royal decree to partially lift the coronavirus curfew across Saudi Arabia, saying it will revive business activity and increase consumption.. "We ask all entities in the industry sector to comply with the preventive measures mentioned in the royal decree," he added.. Saudi Aramco hybrid engine to cut car pollutants /node/1665541/business-economy. The Aramco team warned that the move toward more efficient electric engines depends significantly on the sourcing and cost of raw materials used in battery production, and on how the electricity is produced to charge electric vehicles.. Two mining countries account for about 70 percent of worldwide supplies of lithium, cobalt and graphite.. "A disorderly mobility transition worldwide could stress the supply of critical raw materials for battery production, possibly risking adverse ecological impacts particularly in mining countries, and potentially creating supply-chain vulnerability.". The paper said electrification trends worldwide are driving automakers toward larger batteries as a means to increase a vehicle's all-electric range, but there is a risk attached: The geographical distributions of critical metals used in battery technologies are uneven.. China and Australia are the two biggest producers of "rare earth" metals..