Keyword: "cobalt"

Mining News Pro - Month on month price and deployment data (bar nickel) for the raw materials all improved in November, boosted by the overall increase in EV sales (including hybrids) during the month, 73% year over year and the relative outperformance of full electric cars and plug-in hybrids.

Mining News Pro - Market analyst Roskill published a report where it states that China’s increasing control over copper and cobalt resources in the Democratic Republic of the Congo could pose a threat to western market participants.

Mining News Pro - Scientists at Michigan State University found that Geobacter – bacteria found in soil and sediment – are effective cobalt miners, as they are able to extract the metal from rust without letting it penetrate their cells and kill them.

Mining News Pro - First Cobalt Corp said on Tuesday it signed a deal with Glencore and has agreed a tentative pact with a unit of China Molybdenum Ltd for cobalt supplies from the Democratic Republic of the Congo.

Mining News Pro - Market analyst Roskill forecasts that cobalt’s all-in sustaining cost of production will fall by around 2% y-o-y in 2021, from $23,085/t to $22,600t.

Mining News Pro - Prices for cobalt metal in China powered to their highest in almost two years on Thursday, with traders attributing the rally to a new round of buying by the country’s state stockpiler.

Mining News Pro - A team led by researchers at the Pacific Northwest National Laboratory in the United States designed a highly active catalyst that contains cobalt interspersed with nitrogen and carbon and, thus, doesn’t rely on platinum to spur the necessary chemical reaction.

Mining News Pro - First Cobalt has secured C$10 million ($7.8m) in government funding that will allow it to accelerate the development of its cobalt refinery in Ontario, 600 kilometers from the US border.

Mining News Pro - The Minister of Mines of the Democratic Republic of the Congo, Willy Kitobo Samsoni, joined this week the Cobalt Action Partnership (CAP), a program with main goals to eliminate child and forced labor from the cobalt value chain, contribute to the sustainable development of communities, and respect the human rights of those affected by cobalt mining.

Mining News Pro - First Cobalt Corp. announced Wednesday that it has secured C$10 million in government loans and grants, allowing the company to accelerate the startup and expansion of its cobalt refinery in Ontario.

Mining News Pro - China Molybdenum said on Sunday it had acquired a 95% stake in the Kisanfu copper/cobalt mine in the Democratic Republic of Congo (DRC) from US-based Freeport-McMoRan Inc for $550-million.

Mining News Pro - China Molybdenum said on Sunday it had acquired a 95% stake in the Kisanfu copper/cobalt mine in the Democratic Republic of Congo (DRC) from US-based Freeport-McMoRan Inc for $550-million.

Mining News Pro - Glencore Plc, the world’s biggest supplier of cobalt, has extended its supply agreement with battery maker GEM Co., allowing the Chinese company to secure supply of the crucial metal until the end of the decade.

Mining News Pro - Glencore will supply cobalt to Chinese battery manufacturer Green Eco-manufacture Hi-tech (GEM) for an additional five years after expanding their partnership.

Mining News Pro - Diversified mining and marketing company Glencore has extended its partnership with GEM of China for the supply of cobalt hydroxide by another five years.

Mining News Pro - A new research note from battery supply chain specialist and price reporting agency, Benchmark Mineral Intelligence, has a warning for carmakers about the direction of battery prices used in electric vehicles – that they won’t fall indefinitely.

Mining News Pro - A recent report by Benchmark Mineral Intelligence forecasts that the battery industry will require a further 100,000 tonnes of cobalt by 2025.

Mining News Pro - Commodities trader Trafigura has inked an agreement with the Congolese government to help improve conditions at informal mine sites in return for cobalt supplies.

Mining News Pro - Commodities trading group Trafigura has signed an offtake deal to buy cobalt from Entreprise Générale du Cobalt (EGC) – the Democratic Republic of Congo’s (DRC’s) State-owned buyer that markets cobalt from artisanal miners.

Mining News Pro - Volkswagen has joined the “Cobalt for Development” initiative to support improving artisanal cobalt mining conditions in the Democratic Republic of Congo.

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