May 17, 2022 Electric vehicles surpass phones as top driver of cobalt demand The EV sector consumed 59,000 tonnes of cobalt in 2021, or 34% of total demand, according to a report by the Cobalt Institute.
May 17, 2022 Europe’s first homegrown battery plant begins shipments Northvolt AB became the first European firm to start commercial shipments to a carmaker last week.
May 13, 2022 Once-forsaken copper country is back in the spotlight Mining investors are stampeding back into Zambia and Congo, which host vast copper and cobalt deposits.
May 13, 2022 America touts green energy as key to bridging Africa’s growth gap The US is not opposed to China investing in Africa if the investments are centred on upholding human rights, democracy and jobs.
May 12, 2022 Metal demand seen surging for decades on strength of energy transition, World Bank says Even as consumption growth for other commodities like grain probably will trail off in the next 30 years, metals will remain in high demand, the bank said.
May 12, 2022 Mining Indaba: Russia-Ukraine war triggers policy shifts, supply chain disruptions Increased prices for fossil fuels have shifted the conversation, potentially benefitting oil and gas projects in Africa as importers scramble to diversify supply chains away from Russia.
May 12, 2022 Cobalt tops Critical Materials Risk Index In addition to ESG risks linked to its extraction, cobalt is at the top of the list because only two countries are in charge of producing and refining the battery…
May 12, 2022 Arc Minerals inks multi-million JV deal with Anglo American Anglo American will take 70% of the JV, which will explore for copper and cobalt in Zambia's base metals-rich northwestern province.
May 11, 2022 Covid-19 outbreak hobbles Chinese demand for cobalt, nickel, lithium Parts of the new-energy sector concentrated in the Yangtze Delta and southeastern China had been affected severely.
May 11, 2022 Congo mines minister seeks to cancel artisanal cobalt monopoly A unit of state stage.mining.company Gecamines, EGC was created to buy, process, and market artisanal cobalt by government decree.
GRAPH: Cobalt price plunge and the EV market Cobalt prices have plummeted to their lowest level since 2016, as a deluge of supply overwhelms stagnating demand from the electric vehicle […] February 11, 2025 | 04:03 pm
China funnelled $57 billion to control critical mineral supply chain A network of at least 26 state-backed banks has helped Beijing tighten its grip on critical minerals over the past two decades. February 05, 2025 | 11:00 am
GRAPH: The mining and Nvidia solar system The Top 50 is now trading $480 billion below the peak hit in the second quarter of 2022 February 05, 2025 | 10:05 am
Silvercorp acquisition of Adventus hits roadblock Lawsuit challenging the environmental permit for the target company’s project in Ecuador emerges as bone of contention. July 10, 2024 | 12:13 pm