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.
Cobalt Mining News
Following LME Week, Mr Benedikt Sobotka, CEO of Eurasian Resources Group (ERG), predicts a strong metals recovery ahead.
The Canadian miner released a video aimed at selling high the product of its flagship asset.
'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's plans are a central part of Europe's effort to compete with Asian rivals such as CATL, Samsung and LG Chem.
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.
He is said to have already begun training three to four people to succeed him in the job.
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 cathodes currently account for nearly 28% of global EV sales, forecast to grow to 63% by 2027.
Another executive pulls out of conference due to widespread concern about the fate of journalist Jamal Khashoggi.
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.
First Cobalt and Fisker Inc. are focused on providing cobalt to the American EV market efficiently, and on maintaining stringent ethical mining practices.
They hope they can still wring out a compromise in the world’s main source of cobalt and Africa’s biggest copper producer.
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.
Rising oil prices leading to fuel prices at four-year highs, which could turn consumers towards EVs.
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.
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 and Daimler may expand their cooperation to battery and autonomous cars technology and mobility services, the companies said on Wednesday.
New world record introduced for the sale of electric cars.
Across the main auto markets, growth in electric vehicles is booming.
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
No gas or balloons needed.
The addition of Mr. Fisker will allow First Cobalt to draw from his many talents as an EV pioneer, entrepreneur and successful OEM car designer.
Ford CEO Jim Hackett encouraged President Donald Trump’s administration to resolve trade disputes quickly or it could do “more damage” to his company.