July 1, 2024 Hedge funds are hoarding cobalt amid battery metal slump Cobalt futures trading has taken off on CME Group’s Comex exchange, creating a way for traders to hedge their physical positions in the newly liquid futures market.
June 28, 2024 Trump re-election may lead to commodity market fragmentation: HSBC Commodity markets, already contending with high prices driven by structural supply constraints, also face uncertainties from increased geopolitical tensions.
June 27, 2024 China’s Norinco agrees to buy struggling Congo cobalt miner Chemaf The deal with Norin Mining will enable Chemaf to settle its debts.
June 25, 2024 Japan finds over 200 million tonnes of battery metals in seabed The nodules are said to contain 610,000 tonnes of cobalt (75 years of Japan’s consumption) and 740,000 tonnes of nickel (11 years).
June 24, 2024 Eramet, BASF cancel plan to invest $2.6 billion in refining complex in Indonesia Eramet said it will continue to evaluate potential investments in the nickel electric vehicle battery value chain in Indonesia.
June 24, 2024 Friedland, McEwen back Power Nickel’s “oversubscribed” $15m funding The exploration junior has amassed $15 million to expand exploration on its 80%-owned NISK project in Quebec.
June 19, 2024 Trafigura-led group orders 275 wagons for US-backed Lobito rail The Lobito corridor is seen as a key export route from mines in Congo and Zambia for copper and cobalt.
June 18, 2024 Nickel 28 CEO repays $2.3 million, resigns The company founders had allegedly violated their duties and frequently lacked judgment concerning company policy on insider trading, expenses and ethics.
June 17, 2024 Chilean Cobalt gets $317 million funding support from EXIM Bank The loan is expected to fund development efforts within the mining concessions that comprise the La Cobaltera cobalt-copper project.
June 17, 2024 Cornish Metals to sell Nickel King asset Cornish Metals will stay involved in the nickel-copper-cobalt property's potential success while concentrating on its South Crofty tin project.
Critical Metals expects to close Greenland supply deals in Q1 2026, CEO says The company has already pre-sold 75% of planned output, split between the US and Europe. December 31, 2025 | 12:08 pm
