Lead, Zinc and coblat

Mining News Pro - Brazil’s Nexa Resources (TSX, NYSE: NEXA) expects to begin commercial production at its recently acquired Aripuanã zinc project, in the country’s Mato Grosso state, by 2021, as the company seeks to maximize benefits of current market conditions for the base metal.

Mining News Pro - Mining and commodities trader giant Glencore (LON: GLEN) has taken a small stake in an Irish zinc project located next to its own Pallas Green lead-zinc development by investing C$1 million in Group Eleven Resources’ (TSX-V: ZNG) Stonepark deposit.

Mining News Pro - Miner and commodities trader Glencore, the world’s biggest producer of cobalt, has committed to sell about a quarter of its annual production of the battery metal over the next five years to Chinese battery recycler GEM Co.

Mining News Pro - Canada’s Fortune Minerals Ltd said on Thursday it would shelve plans to upsize its early-stage cobalt mine in the country’s far north while it continues to hunt for a strategic partner.

Mining News Pro - Private Swiss firm Pala Investments and Cobalt 27 Capital (TSXV: KBLT) on Tuesday announced a $23 million boost to the previously announced 100% acquisition deal.

Mining News Pro - Resource nationalism in mining jurisdictions in Africa is set to increase, but volatility will fall in higher-risk countries, a new report by global consultancy Verisk Maplecroft finds.

Mining News Pro - A glut of minerals used to power electric vehicles (EVs), particularly cobalt and lithium, is expected to slow down the EV adoption by between 15% to 25% through 2021, even as larger batteries are being developed, experts at BMO Capital Markets say.

Mining News Pro - Global Energy Metals (TSXV: GEMC; US-OTC: GBLEF) struck an option agreement in January with Nevada Sunrise Gold (TSXV: NEV) to acquire 85% of the historic Lovelock cobalt mine and nearby Treasure Box properties — both of which contain battery minerals, including cobalt, nickel and copper — and are only a 90-minute drive from the Tesla-Panasonic Gigafactory 1, a lithium-ion battery and electric vehicle (EV) factory near Reno.

Mining News Pro - Teck Resources (TSX: TECK) says an equipment failure that occurred this weekend at its zinc refinery in Trial, British Columbia, could cost the miner between 20,000 and 30,000 tonnes in lost production.

Mining News Pro - Mining and commodities trader giant Glencore is lending Canada’s First Cobalt Corp. an initial $5 million to restart the company’s refinery in Ontario, which would become the only North American producer of refined cobalt for the electric vehicle (EV) market.

Mining News Pro - China’s biggest cobalt refiner Zhejiang Huayou Cobalt said on Thursday its overseas unit is pulling out a deal to invest $66.3 million in a cobalt mine in the Democratic Republic of Congo (DRC) after prices of the metal slid.

Mining News Pro - The London Metal Exchange (LME) lead market was roiled in early June by news of an unplanned outage at the Port Pirie lead smelter in Australia.

Mining News Pro - Both cobalt and lithium prices have experienced a collapse, driven by a loosening of fundamentals as a number of new projects come online, Fitch Solutions’ latest Industry Trend analysis reports.

Mining News Pro - Glencore Plc is planning to halt production at one of the world’s biggest cobalt mines after prices for the battery metal collapsed and costs at the project increased, according to a person familiar with the situation.

Mining News Pro - Three Indian state-run companies are to form a joint venture to buy mining assets overseas that have minerals such as lithium and cobalt, which are used in the manufacture of batteries for electric vehicles.

Mining News Pro - Australian cobalt developer Jervois Mining will take over eCobalt Solutions after shareholders of the Canadian company voted in favour of the deal, Jervois said on Monday.

Mining News Pro - Australian cobalt developer Jervois Mining will take over eCobalt Solutions after shareholders of the Canadian company voted in favour of the deal, Jervois said on Monday.

Mining News Pro - Pacific Energy’s wholly-owned KPS subsidiary has secured a new contract to supply electricity to Round Oak Minerals’ Jaguar copper-zinc mine, in Western Australia.

Mining News Pro - Eurasian Resources Group Sarl, the mining firm backed by the Kazakhstan government, is exploring options for assets in the Democratic Republic of Congo including a potential sale, according to people with knowledge of the matter.

Mining News Pro - Cobalt is back in the headlines for all the wrong reasons.

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