The country was ranked 10th in world nickel production in 2016 and sixth in cobalt.
Cobalt Mining News
Gecamines said on Tuesday that debts owed by Kamoto to Glencore and its subsidiaries at the end of 2017 topped $9 billion.
According to the UK National Contact Point, the Kazakh mining giant deprived people of clean water and healthcare.
If the commodity sector keeps the pace for the rest of 2018, this will be the best year for the asset class since 2003.
Company said new technology will help the DRC mine achieve its 2018 production guidance of 730,000 ounces, despite challenges posed by the country's new mining code.
Katanga is mired in difficulties ranging from the prospect of higher taxes to a mounting legal battle with its Congolese partner, Gecamines.
High levels of debt at mining companies are becoming an increasingly heated issue in Congo, the world’s largest source of cobalt.
They said they expected authorities to realize the sliding scale they propose would be a more effective mechanism for the government to share in higher commodity prices than the windfall tax and strategic minerals scheme included in the new code.
They say there has to be a balance between exploiting mineral resources from the seabed and protecting vulnerable marine ecosystems.
It expects to have sold 90% of its nickel sulphate supply by the end of 2019, two years earlier than anticipated.
Cobalt27 CEO lines up Chinese automaker deals, ponders HK listing: “There is a lot of interest and it is natural because it is where all this will happen”.
The parent group's Executive Chairman Chaochun Li has replaced him as acting CEO.
Increasing disposable income in emerging economies and the adoption of greener technologies, are the two factors to drive most of the expected increased demand in copper during the next five years.
The past couple of months have featured a broad retracement of the metals complex, away from the recent highs.
The lithium and cobalt research is part of a larger effort totaling 36 separate projects for the U.S. Department of Energy’s Innovation Hub.
In 2016, the most recent year from which data is available, 19.6 trillion won ($18.38 billion) worth of metals were extracted from recycled materials.
LG Chem to raise $224.8 mln by 2020 to set up two JVs.
Vanadium needs a big player in the global battery market to get behind the metal to share center stage with other energy-storage components such as lithium.
Chinese companies are leading the way in securing the raw materials needed for a massive expansion in battery capacity.
The claims are located in the Cobalt-Gowganda mining district.
The rapid proliferation of poisons in a widening variety of applications requires better monitoring and control.
An Och-Ziff unit is due to be sentenced after it pleaded guilty to participating in a bribery conspiracy to help acquire mining assets.
Trafigura has already increased its foothold in nickel with an exclusive offtake agreement with Finland's Terrafame, that also produces zinc and cobalt.
BMI presents the recent changes to the DRC’s mining code as an example of a situation that challenges all the parties involved, but that is very unlikely to cloud miners’ interest in venturing in the country.
New lab discovery uses molybdenum to solve problems of lithium sulphur batteries, doing away with nickel and cobalt for cheaper, lighter, safer technology.