Column: Cobalt supply tsunami hits the market of last resort
Someone delivered 23 metric tons of cobalt to London Metal Exchange warehouses last month.
Latest Stories
Copper is flooding into US as flash-squeeze chaos reverberates
The huge dislocation between global prices saw the US import about 91,000 tons in July alone, the third-largest monthly amount in the last decade.
Sibanye secures debt funding for Finland lithium mine as prices slump
The Keliber project is targeting production for 2026.
Lithium mining is slowly sinking Chile’s Atacama salt flat, study shows
Chile's Atacama salt flat is sinking at a rate of 1 to 2 centimeters per year due to lithium brine extraction.
Lead sellers caught short by Shanghai delivery rule change
Would-be sellers of battery metal lead on the Shanghai Futures Exchange have been forced to search for overseas supplies.
Patriot Battery targets 400,000 t/y at Quebec lithium project
Patriot plans to make a final investment decision by 2027, begin construction in 2028, and start production in early 2029.
Lucara finds world’s 2nd largest diamond ever mined
The “epic” diamond, as Lucara put it, was detected thanks to a special recovery technology, installed in 2017.
Whitehaven Coal to sell 30% Blackwater mine stake to Nippon Steel, JFE
Nippon Steel and JFE Steel will buy 20% and 10% stakes respectively.
Northvolt’s $20 billion battery plan suffers summer of setbacks
On Tuesday, the Swedish electric-vehicle battery maker closed down a Californian unit, Cuberg, that it acquired only three years ago.
