June 12, 2018 Vale deal shows carmakers will need to pay up to secure cobalt Vale agreement sets something of a price benchmark for long-term cobalt deals by showing what financial investors are willing to pay.
June 12, 2018 Australia takes over Chile as world’s No.1 lithium producer It produced 4,600 tonnes of lithium more than Chile in 2017 boosted mainly by record output at Mt Cattlin and Mt Marion mines.
June 11, 2018 Cobalt battery boom wavers as prices slide in top user China A lull in purchasing by battery makers suggests the market is not yet short of supply.
June 11, 2018 Wheaton Precious Metals, Cobalt 27 acquire cobalt stream from Vale for US$690M "We see numerous similarities between cobalt and silver."
June 11, 2018 China’s CITIC grabs stake in Ivanhoe Mines for $560 million CITIC Metal will own 20% of the Canadian miner, which makes its biggest shareholder.
June 10, 2018 Congo mining code regulations signed into law – aides Code sets Congo on collision course with mining firms.
June 8, 2018 Northvolt begins building Europe’s largest lithium-ion battery plant 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…
June 7, 2018 LME says plans to launch about 15 contracts from January 2019 The exchange said in March that any launch of a new cobalt contract would not be until the end of 2018 or early 2019.
June 7, 2018 Rio Tinto signs JV exploration deal with China’s Minmetals The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .
June 7, 2018 Congo mining regulations to be signed into law on Friday — mines minister Congo's prime minister wants to immediately implement the new mining code without any concessions to industry demands that key provisions be amended.
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