February 10, 2022 Renault says it backs moratorium on deep-sea mining In October, French President Emmanuel Macron identified deep seabed exploration as an investment priority for France.
February 10, 2022 Gates, Bezos-backed firm gets cash injection to find battery metals KoBold Metals, which uses AI to create a “Google Maps” of the Earth’s crust, raised $192.5 million in its latest financing round.
February 9, 2022 Wheaton pledges to reach net zero by 2050 In order to reach its goal, the company is establishing targets across both Scope 2 and Scope 3 emissions to support a 1.5°C trajectory.
February 9, 2022 Glencore in battery metal offtake deal with Missouri Cobalt The deal gives the world’s biggest commodity trader more exposure to the crucial battery ingredient.
February 9, 2022 CATL, LG, Panasonic deployed record GWh of passenger EV battery capacity in 2021 Adamas Intelligence reports that 2021 saw a record 286.2 GWh of passenger EV battery capacity deployed onto roads globally.
February 7, 2022 Global cobalt production hits record high in 2021, boosted by EV demand Global production hit 170,000 tonnes last year, up 20% over 2020, according to preliminary data released by the USGS.
February 7, 2022 Wheaton meets 2021 guidance, plans 20% growth In 2021, Wheaton went on a shopping spree that totalled over $1 billion, adding streams from six separate mines to its portfolio.
February 3, 2022 China built Congo a toll road that led straight to the ruling family The Kabilas’ involvement in the toll road came to light through the biggest leak ever of financial documents from Africa.
February 3, 2022 Explainer: Costs of nickel and cobalt used in electric vehicle batteries Rising sales and a scramble along the supply chain to secure materials have propelled prices of battery ingredients.
February 2, 2022 World’s first physically-backed EV metals ETC launched The Global Palladium Fund announced the launching of its own physical EV metals exchange-traded commodities with $10 million of seed capital.
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