Britishvolt joins Fair Cobalt Alliance

Mining News Pro - UK battery cell technologies company Britishvolt has joined the Fair Cobalt Alliance (FCA), which is committed to developing responsible and fair artisanal and small-scale mining (ASM) cobalt supply in the Democratic Republic of Congo (DRC).

China's CMOC eyes solar and hydro for Congo copper/cobalt expansion

Mining News Pro - China Molybdenum Co (CMOC) is looking to tap more hydropower projects and potentially use solar energy as it expands its production of copper and cobalt in Democratic Republic of Congo, its vice-chairperson said.

First Cobalt secures $45m for refinery construction

Mining News Pro - Battery materials company First Cobalt has secured a $45-million debt and brokered equity financing package for the construction of its refinery in Ontario, it announced on Monday.

Tesla, Re|Source to launch final pilot in DRC to trace cobalt from mine to EVs

Mining News Pro - Re|Source, a solution to trace responsibly produced cobalt from mine to electric vehicle (EV), is moving forward with a pilot project in the Democratic Republic of the Congo (DRC) jointly developed with EV giant Tesla.

China Moly commits $2.5 billion to double Tenke Fungurume copper, cobalt output

Mining News Pro - China Molybdenum will invest $2.51 billion to double copper and cobalt production at its giant Tenke Fungurume mine (TFM) in the Democratic Republic of Congo.

​​Civil unrest in South Africa, covid-19 may push cobalt prices up

Mining News Pro - Civil unrest in South Africa, a third wave of covid-19 and supply curbs in the Democratic Republic of Congo may push cobalt prices up to $25 per pound through 2021 from the current average of $23.94 per pound, according to a new report published by Fastmarkets.

Jervois Mining to buy Freeport Cobalt for $160 million

Mining News Pro - Australian miner Jervois Mining said on Tuesday it would buy Finland-based Freeport Cobalt for $160 million in a deal that could make it the second largest cobalt producer outside China.

Cyberattack disrupts main African cobalt, copper export hub

Mining News Pro - A cyber attack has disrupted container operations at the South African port of Cape Town, affecting its operating systems. Durban, the busiest shipping terminal in sub-Saharan Africa, was also affected.

UK fraud unit finds alleged bribe network behind cobalt hub

Mining News Pro - U.K. prosecutors have told Swiss authorities they have proof of an alleged money-laundering ring spanning from Africa to Europe that paid almost $380 million in cash bribes to authorities in the Democratic Republic of Congo.

UK fraud unit finds bribe network behind world’s cobalt hub

Mining News Pro - UK prosecutors have told Swiss authorities they have proof of an alleged money-laundering ring spanning from Africa to Europe that paid almost $380 million in cash bribes to authorities in the Democratic Republic of Congo.

Congo likely to start artisanal cobalt buying within eight weeks

Mining News Pro - The Democratic Republic of Congo is expected to start buying cobalt from artisanal miners within eight weeks as it aims to become the only legal buyer from miners in the informal sector.

Giga Metals advances Turnagain nickel-cobalt project toward 2022 PFS

Mining News Pro - Giga Metals has begun a 2021 work program at the Turnagain nickel-cobalt project, located in north-central British Columbia. Archaeological and wildlife surveys are underway and resource drilling has begun, the company said.

Cobalt ‘bubble’ will burst, Ivanhoe executive in Congo says

Mining News Pro - The demand for cobalt is a bubble that will burst as new battery technology reduces the need for the metal, according to the head of the chamber of mines in the Democratic Republic of Congo.

Cobalt price: 4 new Mutandas needed by 2030

The decision by Glencore (LSE: GLEN) this week to restart production at the mothballed Mutanda copper-cobalt mine in the Democratic Republic of Congo – the world’s largest cobalt mine – in 2022 will likely be one of many moves needed to ensure supply growth can match the trajectory of increasing demand.

Glencore leads miners in cobalt blockchain pilot

Mining News Pro - Mining and commodities trader Glencore (LON: GLEN) has joined forces with battery material supplier Umicore and other major miners to trace the cobalt they produce and use using blockchain technology.

China Moly to help small-scale cobalt miners

Mining News Pro - Cobalt and tungsten producer China Molybdenum and its Swiss-based trading arm, IXM, have joined a program that seeks to help artisanal and small-scale miners (ASM) become a responsibly-managed, viable source of battery metals.

Saudi Arabia of cobalt: Congo eyes battery-metal price power

Mining News Pro - Democratic Republic of Congo, the world’s main source of vital battery ingredient cobalt, is also one of the poorest nations. And while it’s dominated by huge industrial mines, about a fifth of its silvery-blue metal is still hand-dug, in often unregulated and dangerous conditions.

Congo launches state-owned cobalt miner

Mining News Pro - The Democratic Republic of Congo (DRC) has officially begun operations at Entreprise Générale du Cobalt (EGC), a state-owned company with monopoly rights to the purchase and sale of the country’s hand-mined cobalt.

Top five EV makers responsible for 50% of cobalt deployed in 2020

Mining News Pro - In 2020, a total of 18,750 tonnes of cobalt were consumed in the batteries of newly-sold passenger EVs globally, an increase of 29% year-over-year, a new report by Adamas Intelligence reveals.

Booming electric vehicle sales drive surge in cobalt prices

Mining News Pro - Demand and prices for battery material cobalt are soaring as electric vehicles stream out of showrooms in China and Europe, with little prospect of a significant reversal as drivers and governments move to cut carbon emissions.

Anglo Pacific says `ideal time` to invest in cobalt

Mining News Pro - Anglo Pacific has completed the acquisition of a 70% net interest in a stream on cobalt production from the Voisey`s Bay mine in Canada from private equity sellers for cash consideration of $205-million and further contingent of up to $27-million.

Nickel, cobalt price: 10 charts show China’s grip on battery supply chain to last decades

Mining News Pro - New study shows Asian cathode, precursor producers’ control of nickel, cobalt supply go way beyond long-term off-take agreements

Brazil nickel/cobalt project advances to BFS stage

Mining News Pro - A bankable feasibility study (BFS) at the Piauí nickel project (PNP), in Brazil, is under way, privately held Brazilian Nickel has announced.

Glencore strengthens cobalt partnership with Norwegian battery producer

Mining News Pro - Diversified miner Glencore International and Norwegian battery producer FREYR have signed a letter of intent for the supply of up to 3 700 t of high-purity cobalt metal cut cathodes produced at Glencore’s Norwegian operations, Nikkelverk.

Glencore inks “ethical cobalt” deal with FREYR

Mining News Pro - Miner and commodities trader Glencore (LON: GLEN) has inked a preliminary deal with Norwegian battery producer FREYR to supply 3,700 tonnes of “ethically sourced” cobalt metal cut cathodes.

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