Cobalt Mining News

Chile set to unveil 25 mining projects open for investment at this year’s PDAC

The Chilean government will actively be seeking investors for 25 new mining projects when it attends the PDAC Convention in Toronto next week.

Belgian fast-moving 'caterpillar' in deep sea copper, cobalt race

U.N. talks are working out regulations on mining in international waters, which may appeal to companies struggling to find new reserves on land.

Suspended cobalt sales, higher costs fuel Katanga’s Q4 loss

The company recorded a $52.8 million fourth quarter loss in adjusted EBITDA.

Canada Cobalt drills bonanza grades at Castle mine property

The mine produced a total of 9.4 million oz. of silver and more than 375,000 lb. of cobalt from the No.3 shaft at various times from 1917 and 1989.

Mining stocks rally as copper price hits 7-month high

BHP, Anglo American touch one-year highs.

Glencore will 'vigorously contest' $680m tax demand

The tax demand from the British authorities is linked to transfer pricing

ERG will suspend copper, cobalt output at Congo mine this month

Operations are being suspended while a feasibility study is conducted on building two processing facilities to treat ores at the site.

Glencore to cut output, jobs at copper, cobalt mine in Congo – WSJ

The output cut is likely to be temporary as the company looks for new ways to mine copper, the report said.

Recommissioned Aussie mine dispatches first nickel concentrate shipment to China

Panoramic Resources' first shipment from the Savannah mine contained 7,735 wmt of nickel/copper/cobalt concentrate valued in approximately $6.1 million.

Northwest Territories government signs contract to build Tlicho Road

Fortune will undertake the construction of a road from the mine site to Whati, a village is only 50 km south of Fortune’s NICO mill project.

Petro-Canada to build first coast-to-coast network of fast EV chargers

More than 50 EV stations will be located along the Trans-Canada highway from Nova Scotia to British Columbia.

First Cobalt extends mineralization at Iron Creek in Idaho

Iron Creek contains 26.9 million inferred tonnes grading 0.08% cobalt and 0.3% copper for 46.2 million lb. cobalt and 176.2 million lb. copper.

Cost parity by 'early 2020s' will be electric vehicle tipping point

Improving battery technologies will mean that even long-haul trucks could be economically electrified during the second half of the next decade.

Nickel rally fades, electric vehicle buzz doesn't

Was it another false dawn for the nickel market?

Cobalt's price crash bottoming out, stocks to hinder quick rally

The market is comfortably supplied in the short term, there shouldn't be any risk of shortages as long as the big projects ramp up.

Glencore cuts workers at Congo copper and cobalt mine

The layoffs come as Glencore considers a plan to stop mining oxide ores at Mutanda.

American Manganese moves forward with plans to recycle lithium-ion battery materials

Together with an industry partner, the company built a pilot plant to recycle cobalt, nickel, manganese, and aluminum.

UEX eyes 2.94% Co and 2.08% Ni drilled over 4.5 metres at West Bear

Other assays were positive as well.

Balmoral extends known depth of Grasset deposit in Quebec

The junior explorer reported this week that Grasset’s H1 zone has now been intersected for 1,140 metres along strike.

Fourteen NGOs oppose LME plans to ban tainted cobalt

Is the LME trying to create a reputational green wash that allows it to say its members source responsibly because they tick some boxes?

Bank Of America: Oil demand growth to hit zero within a decade

By 2030, oil demand could hit a peak and then enter decline.

Congo 2018 copper output up 12.9 percent to 1.2m tonnes -Chamber of Commerce

Output of cobalt rose 43.8 percent to 106,439 tonnes, while gold production increased by 22.6 percent to 28,539 kg.

Megafactories buildout could up nickel demand in batteries 19 fold—Benchmark

Benchmark's MD Simon Moore told the Senate Committee on energy that 70 battery megafactories are in global production – up from 17 .

Ford says carmakers may need to invest in cobalt mines soon

Carmakers may have to consider investing directly in cobalt mines in order to secure supply over the next three to five years, according to ord Motor Co. senior manager for energy storage strategy and research Ted Miller.

Glencore keeps 2019 guidance after copper, cobalt output jumps

Production of cobalt, used in batteries for EV's, reached 42,200 tonnes in 2018 while copper hit 1.453 million tonnes.