Tag : cobalt

Development snapshot: Eight juniors looking to supply the electric vehicle revolution

14 July 2019 - 17:31
While the prices for key battery minerals such as lithium, cobalt, nickel, rare earth elements, graphite and copper have so far been subdued in 2019, the general excitement about the future wide adoption of electric vehicles continues to fuel activity amongst Canada’s battery mineral juniors. Here is a look at eight such companies:

Surge in battery nickel use is more bad news for cobalt price

13 July 2019 - 16:38
Battery metals tracker Adamas Intelligence says electric vehicle manufacturers deployed 57% more nickel in passenger EV batteries in May this year, compared to 2018.

Why the cobalt market needs Congo’s “illegal” miners

13 July 2019 - 16:15
The death last month of 43 artisan miners at the Kamoto Copper Company KOV concession in the Democratic Republic of Congo has refocused attention on the human cost of producing what is a key input into electric vehicle (EV) batteries.

After deadly collapse, Congo vows to remove illegal miners from Glencore concession

30 June 2019 - 15:08
Congo’s interior minister vowed to remove all illegal miners by Sunday from a copper and cobalt mine run by Glencore following a landslide this week that killed at least 43 of them.

Death toll rises at Glencore mine in Congo after collapse

28 June 2019 - 20:26
The number of artisanal miners killed by a landslide at a copper and cobalt mine run by Glencore in Congo rose to 43 on Friday and officials said the army would deploy at the mine as the search for more victims continued.

DeepGreen closer to mining battery metals from the sea after $150m injection

10 June 2019 - 22:18
Canada’s DeepGreen Metals, a start-up planning to extract cobalt and other battery metals from small rocks covering the seafloor, has secured the bulk of the $150 million it needs to carry out its first feasibility studies.

Cobalt, uranium and silver prices expected to rally in 2019

12 April 2019 - 14:31
A new report by FocusEconomics on the prospects of commodities this year and next paints a mixed picture. The survey of investment banks, institutions and research houses compiled by the Barcelona-based company has good news for long-suffering investors in uranium and silver

First Cobalt targets Canada plant restart within 2 years — CEO

11 April 2019 - 14:37
First Cobalt Corp aims to restart an idled cobalt refinery in Canada within two years and is in talks to supply the battery-grade product to four leading automakers, chief executive Trent Mell said on Wednesday.

Scientists find new way to power electric cars using cobalt

25 March 2019 - 14:48
Researchers at the University of Massachusetts Lowell developed a technique that uses only water, carbon dioxide and cobalt metal particles that have surface nanostructures measuring billionths of a meter in size, to produce hydrogen on demand at relatively low temperature and pressure and to use to power the next generation of electric vehicles.

LME launches seven new contracts to try to boost volumes, profit

12 March 2019 - 17:58
The London Metal Exchange (LME) is launching seven new cash-settled futures contracts on Monday, including hot-rolled coil (HRC) steel, alumina and cobalt, aiming to attract more business after profits fell last year.
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