October 19, 2017

Canadian company announces plan to open cobalt mine, refinery in east Idaho

Total initial capital cost is estimated at $187 million with additional sustaining, reclamation and closure costs of $101M totaling $288 million.

October 15, 2017

VW lowballs cobalt producers, fails to secure supply for EVs

In one of the clearest signs of a tight cobalt market, Volkswagen has failed to secure a long-term supply of cobalt used in electrical vehicle batteries.

October 12, 2017

Mitsui to build desalination plant for BHP’s Spence copper mine in Chile

The project will be the Japanese company’s first desalination plant and it is estimated to require an investment of around $623 million (70 billion Yen).

October 6, 2017

Electric cars prompt consultants CRU to explore cobalt sulphate index

Any cobalt sulphate prices published by CRU would be based on traded prices in China, a cobalt industry source said.

September 26, 2017

BHP says 2017 a ‘tipping point’ for electric cars

Arnoud Balhuizen, head of marketing at BHP, said the impact of the looming electric vehicle boom for raw materials producers would be felt first in the metals markets and only…

September 20, 2017

Cobalt pure play offers ‘unique exposure and leverage’

Numis initiated coverage with a Buy rating and target price of CA$11 on this "dedicated cobalt investment vehicle."

September 19, 2017

Congo’s Gecamines to set new rules on mining proceeds

New controls aims at holding the company's partners, including Glencore, China Molybdenum and Ivanhoe, accountable in copper and cobalt projects

September 18, 2017

Canadian miners increase efforts to prevent child and forced labour in the supply chain

Initiative seeks contributing to global efforts in preventing the use of child and forced labour in the mining supply chain, and to providing information needed to demonstrate the responsible sourcing…

September 3, 2017

S. Korea’s SK Innovation starts production of batteries with more nickel

South Korea’s SK Innovation said on Thursday it has started commercial production of lithium-ion batteries with an increased portion of nickel, while reducing the usage of expensive components such as…

August 25, 2017

China’s metals trade fragments into multiple narratives: Andy Home

China's metals trade figures were once a spotlight on the state of the world's manufacturing engine and price driver.