Cobalt Mining News

BHP, top miners are starting to drive EV's deep underground

The deeper the mine, then the bigger the savings.

Trafigura-backed Finnish miner Terrafame to build EV battery plant

"Our goal is to complete the plant by the end of 2020, with commercial production commencing at the start of 2021," Joni Lukkaroinen, CEO of Terrafame

Glencore posts rise in copper, cobalt output on Katanga restart

Glencore's copper production rose to 1,063,100 tonnes from the start of this year and cobalt output jumped 8,700 tonnes to 28,500 tonnes.

Eurasian Resources Group forecasts a strong metals price recovery

Following LME Week, Mr Benedikt Sobotka, CEO of Eurasian Resources Group (ERG), predicts a strong metals recovery ahead.

First Cobalt promotes its American ‘blue gold’

The Canadian miner released a video aimed at selling high the product of its flagship asset.

Congo sets deadline for plan on 11,000-megawatt hydro plant

'There have been tenders, lots of meetings, lots of promotional activities, but it’s only today that we have for the first time a legal document'

Northvolt to set up Polish battery plant to tap mining, storage markets

Northvolt's plans are a central part of Europe's effort to compete with Asian rivals such as CATL, Samsung and LG Chem.

BASF and Nornickel join forces in European EV battery push

The move is part of BASF plans to invest up to 400 million euros ($462 million) as a first step in building production plants for cathode materials in Europe.

Glencore boss Ivan Glasenberg to retire in 3-5 years — report

He is said to have already begun training three to four people to succeed him in the job.

Boom in EV batteries helps suppliers older than Ford’s Model T

Brazil's Vale expects the EV revolution to boost battery market nickel demand to as much as 700,000 tons in 2025, from just 36,000 tons this year.

NMC batteries dominating EV – sales to reach 63% of global market

NMC cathodes currently account for nearly 28% of global EV sales, forecast to grow to 63% by 2027.

Glencore chair Tony Hayward latest to drop out of Saudi conference

Another executive pulls out of conference due to widespread concern about the fate of journalist Jamal Khashoggi.

World's top miner embracing the boom in electric car batteries

BHP Billiton Ltd. is boosting sales of the top-quality nickel that’s needed for electric vehicle batteries, another sign that the world’s biggest miner is targeting more opportunities in the booming sector.

New corporate alliance aims to bring better efficiency and ethics to cobalt mining industry

First Cobalt and Fisker Inc. are focused on providing cobalt to the American EV market efficiently, and on maintaining stringent ethical mining practices.

Congo miners seek concessions in new code as arbitration on hold

They hope they can still wring out a compromise in the world’s main source of cobalt and Africa’s biggest copper producer.

ERG bets on cobalt from Congo in quest for growth

Eurasian Resources Group (ERG) plans to ramp up cobalt output at its Democratic Republic of Congo (DRC) facility as it expects the electric car industry to boost demand for the metal.

Oil price rally boosts electric car sales

Rising oil prices leading to fuel prices at four-year highs, which could turn consumers towards EVs.

LME launches new contracts with steel, alumina best placed to succeed

The new products range from hot rolled coil (HRC) steel to alumina, the raw material for aluminium, as well as cobalt, which is key for EV batteries.

Congo miners buying cobalt from artisanal operators to balance market

Experts say that, when done correctly, artisanal mining can be an ethical source of low-cost, high-grade cobalt and a key mechanism in keeping the market balanced during times of supply shortage.

Eurasian Resources Group sets out vision for responsible cobalt supply at two major sustainability conferences in New York

Eurasian Resources Group participated reiterated its commitment to the Global Battery Alliance, a World Economic Forum initiative to showcase how the Group will ensure a responsible cobalt supply chain for the future.

Renault-Nissan, Daimler mull extending alliance to autonomous, battery tech

Renault-Nissan and Daimler may expand their cooperation to battery and autonomous cars technology and mobility services, the companies said on Wednesday.

Car sales in September

New world record introduced for the sale of electric cars.

No stopping strong global EV sales growth

Across the main auto markets, growth in electric vehicles is booming.

Zambia mines to pay mineral royalties in dollars to stabilize kwacha

Zambia has asked mining companies to pay mineral royalties directly to the central bank in dollars as one of the measures to help stabilise its kwacha currency