March 16, 2023

Lockheed Martin sells deep-sea mining firm to Norway’s Loke

UK Seabed Resources holds a 100% interest in two deep sea mineral licences in the Clarion-Clipperton Zone.

March 14, 2023

China to step up deep sea mining efforts

Chinese state shipbuilding company says mining the seabed will help the country reduce “heavy reliance on foreign suppliers” of critical minerals.

March 13, 2023

China to increase control over global cobalt supply — report

Over the next two years, China’s share of cobalt production is expected to reach half of global output.

March 10, 2023

Electra Battery upgrades Iron Creek cobalt-copper resource, paving the way for PEA

Resources at the Idaho project in the indicated category are estimated at 4.4 million tonnes grading 0.19% cobalt and 0.73% copper.

March 8, 2023

Trafigura CEO says tight metal supply threatens green transition

The world’s biggest copper trader has been vocal in warning that higher prices will be needed to incentivize miners to bring new production online.

March 8, 2023

Battery metal frenzy outshines recovery fears at PDAC

The rush for battery metals has prompted a flurry of activity from investors not typically associated with the mining industry.

March 6, 2023

Cobalt market saw record-breaking supply boom in 2022

Mined cobalt supply grew by 23% to 187,060 tons in 2022, in a supply swell that wiped out a large deficit seen in 2021.

March 6, 2023

Battery metals projects catch eye of pension funds and carmakers

The rush for metals needed to power electric vehicles has “clearly brought the sector into a spotlight that it wasn’t in a few years ago,” BMO analyst says.

March 3, 2023

Volkswagen board discusses two new North America plants at meeting

The facilities would be one production plant and one battery cell factory, people familiar with the matter said.

February 27, 2023

A $1.5 billion hoard of copper and cobalt is piling up in Congo

By now, there are about 120,000 tons of copper and around 12,500 tons of cobalt stuck waiting to leave the country.