German researchers say cobalt-free battery technologies — including post-lithium technologies based on non-critical elements — are the best way to avoid supply issues in the long term.
EV Mining News
"Significant surpluses" from next year to decimate prices says second bearish report on electric vehicle battery materials.
The companies have just resigned from the Congolese Chamber of Commerce.
The world’s biggest producer of cobalt has agreed to sell around a third of its cobalt production over the next three years to the Chinese battery recycler.
The blended company will have projects in Ontario and Idaho which, once in operations, could be major cobalt suppliers for EVs makers and high tech firms.
The world’s largest carmaker will equip 16 factories to produce electric vehicles by the end of 2022, compared with three currently.
Sherritt shares were up 2.5 percent at 10:30 a.m. in Toronto.
Chile’s antitrust regulator FNE will need to review the complaint.
Chile's Molymet and China's Sichuan Fulin Industrial Group were selected in a bidding process to develop technology focused on the lithium market.
Albemarle has said it could invest $1 billion in Chile over the next five years if the plan was approved.
The law, passed by parliament in late January, replaces an earlier code from 2002.
The exchange is instead looking at offering a cash-settled cobalt metal contract.
The EV story is a strong, slow-burn bull case for higher nickel prices.
The announcement followed a nearly six-hour meeting on Wednesday between Kabila and mining executives in Kinshasa about the new code, which will raise taxes and remove a stability clause.
The car industry is moving towards making electric car batteries with a higher ratio of nickel.
Price is a sticking point as Glencore and other major producers are now able to exert more influence in negotiations, sources said.
The competition is intensifying to use blockchain to try to eliminate battery minerals produced by child labour.
According to chief executive officer Patricio de Solminihac, the world will need at least 50,000 tonnes of lithium a year until 2023.
In the interim, the company is still focused on its core business of building and running gold mines.
South Korea's largest steel producer has acquired 4.8% stake in Pilbara Minerals, from which it will buy up to 240,000 tonnes of lithium concentrate per year.
“Look at what’s required over the next 50 years, 60 years, and known lithium on the planet, I don’t think it’s as much as everyone understands it to be.”
Cobalt 27, RNC Minerals shares pop after inking $70m deal on world's largest undeveloped cobalt, nickel sulphide deposit.
Electronics and car makers are racing to lock in supply agreements for cobalt amid fears of shortage.
Eramet is actively looking at acquisition targets after previously acquiring a lithium deposit in Argentina.
Asia’s No.1 carmaker has developed a magnet that reduces dependence on neodymium, a key rare earth metal used in the world’s most powerful batteries for electric vehicles.