The Competition Commission of India green-lighted the $4.1 billion deal reached in May between the Canadian potash giant and China’s Tianqi Lithium.
EV Mining News
UPDATED CHART: By 2025 demand for copper from global vehicle market will double to 3.3 million tonnes.
The country's antitrust regulator is investigating the effects on the market of Chinese miner Tianqi Lithium acquisition of a 24% stake in SQM, the world's second largest lithium producer,
Panasonic Corp expects to more than triple its cobalt consumption in five years' time.
No surprise who the winner is.
China is home to the majority of the world's lithium processing facilities and sucks up most output of top producer Australia.
Vale agreement sets something of a price benchmark for long-term cobalt deals by showing what financial investors are willing to pay.
It produced 4,600 tonnes of lithium more than Chile in 2017 boosted mainly by record output at Mt Cattlin and Mt Marion mines.
China now has the fastest development of EVs in the global market.
A lull in purchasing by battery makers suggests the market is not yet short of supply.
"We see numerous similarities between cobalt and silver."
Canaccord, BMO and Patersons.
CITIC Metal will own 20% of the Canadian miner, which makes its biggest shareholder.
Transiting Voisey's Bay nickel mine from open-pit operations to underground will cost about $2 billion, and is expected to extend its productive life to 2035.
Code sets Congo on collision course with mining firms.
The battery cell maker is working on the first section of the factory, in Skellefteå in the north of Sweden, which will be completed in 2020 and produce eight gigawatt cell capacity per year.
Congolese-American businessman and convicted fraudster Charles Brown claims he's owed $1 billion in compensation for a 19% stake he previously held in Mutanda Mining, and which Glencore allegedly sold in two fraudulent transactions, in 2007 and 2012.
The exchange said in March that any launch of a new cobalt contract would not be until the end of 2018 or early 2019.
Lithium, copper and nickel.
DeepGreen research ship returns with early positive findings on viability of deep ocean metals for our future
Third of seven ocean campaigns, Co-sponsored with Maersk, retrieves thousands of polymetallic nodules from top of ocean floor.
The company is planning to sell new shares worth about 100-125 million euros ($117-$147 mln) in a deal valuing it at about 400-500 million euros.
The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.
Even best-case, mass early roll-out of new cobalt-light batteries won’t solve cobalt supply issues says new report.
Battery production could become a major choke point for vehicle electrification as more automakers shift their model lineups to EVs and hybrids.
Top supplier of battery raw material ups output 34% year on year.