DRC President Joseph Kabila vowed delayed elections will take place as planned this year.
Cobalt Mining News
Two major shareholders of Brazilian mining company Vale SA are likely to reach an agreement on Wednesday to pay 2.82 billion reais ($692 million) to Eletron to settle a dispute over Vale shares.
Down 18% in H1.
From focusing on copper and uranium in Saskatchewan, Forum now wants to work on extracting a wider array of minerals in the US.
Deal will see China’s No.1 producer of lithium supplying 20 percent of its production to the electric cars maker.
Companies including Glencore, China Moly and Randgold Resources Ltd. have criticized the new laws as violating their rights, as well as being a deterrent to future investment, and are continuing to lobby for it to be significantly modified.
The Democratic Republic of Congo will declare cobalt a strategic metal, imposing a 10 percent royalty tax on producers.
The electric vehicle (EV) revolution will first emerge as a mixture of differing technologies, powered by an ever-evolving battery-metal-mix of cathodes.
The government considers minerals with the "strategic" designation important for the economic, social and industrial future of the country.
Congo’s updated mining code established the category of “strategic” minerals, to which a rate of 10 percent will apply.
Altius entered into an agreement with Vale Canada Limited and certain of its subsidiaries to comprehensively settle their long-standing litigation.
Top four mines are all located in the Democratic Republic of the Congo.
The focus on lithium-ion batteries seems to reflect supply and demand of lithium and cobalt but it would be very wrong not to include nickel.
The area will allow producers of electric vehicles, smartphones and other goods to “install themselves in the DRC".
Welcome to Idaho.
Batteries made by the U.S. manufacturer and its Japanese partner, Panasonic Corp., require less cobalt, the metal whose price has shot up.
Cobalt 27 stockpile worth $5 million stolen from Rotterdam warehouse.
Being home to Europe’s biggest rock collection has finally come in handy for Sweden
Congo is Africa's top copper producer and the world's leading miner of cobalt, which is a key component in electric vehicles and other electronic products.
Announcement is nothing but good news to battery metals miners, which have seen demand for their mined commodities soar in the past year.
Manganese X Energy now wants a taste of the cobalt market.
"Poorer life cycle, reduced safety and misrepresented relative cost savings are all major concerns for electric vehicle producers."
The Mining Promotion Initiative's main goal is to engage the government on industry concerns about the country’s new mining code.
NFC Africa, majority owned by China Non-ferrous Metals Company Limited launched output at a new $832 million Zambian copper mine, extending the firm's lifespan by over 20 years.