Madagascar’s nickel and cobalt miner Ambatovy shuts down ore pipeline
Madagascar’s nickel and cobalt miner Ambatovy has shut down a pipeline supplying ore from its mine in the country’s east to a processing and refinery plant due to damage, its major shareholder Sumitomo Corp said.
-
-
Visit: 26
World’s top cobalt producer expects supply pressures to ease
China’s CMOC Group Ltd., the world’s biggest cobalt producer, expects supply pressures to start easing in the second half of this year.
-
-
Visit: 68
Glencore ceases to stockpile cobalt
Glencore has stopped stockpiling electric vehicle battery material cobalt, its CEO Gary Nagle said on Wednesday, adding though that the market was likely to remain in surplus for another 18 to 20 months.
-
-
Visit: 70
Congo offers own cobalt from joint ventures for first time
Democratic Republic of Congo’s state miner is trying to sell its share of cobalt from a joint-venture project, as the country seeks more control over metals key to the energy transition.
-
-
Visit: 97
China’s Norinco agrees to buy struggling Congo cobalt miner Chemaf
Cobalt miner Chemaf SA has agreed to sell assets in the Democratic Republic of Congo to Chinese miner Norin Mining to settle debts largely funded by its long-time partner, commodities trader Trafigura, it said on Thursday.
-
-
Visit: 101
Chilean Cobalt gets $317 million funding support from EXIM Bank
US-based critical minerals explorer Chilean Cobalt (OTCQB: COBA) is the recipient of a letter of interest for a potential debt funding package of up to $317.4 million from the Export-Import Bank of the United States.
-
-
Visit: 81
Congo’s Gecamines threatens to intervene in sale of cobalt firm
The Democratic Republic of Congo’s state miner said it will need to approve any acquisition of cobalt producer Chemaf Resources Ltd. if the new owner wants to take over a key mining permit.
-
-
Visit: 98
US blames China’s CMOC for predatory tactics behind cobalt glut
China’s CMOC Group Ltd. is being accused by a top US official of using “predatory” tactics to depress prices of a key battery metal by flooding the market with cobalt from Democratic Republic of Congo mines.
-
-
Visit: 148
US talks often with Congo’s Gecamines on cobalt and copper, official says
The United States speaks regularly with the Democratic Republic of Congo’s state miner Gecamines, a senior State Department official told Reuters, as Washington seeks to deepen relationships with key suppliers of cobalt and copper across the African continent.
-
-
Visit: 190
Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreement
Democratic Republic of Congo and Chinese investors on Thursday signed an agreement reached in January that revises some terms of their Sicomines copper and cobalt joint venture, Congo’s Infrastructure Minister Alexis Gisaro Muvunyi said on Thursday.
-
-
Visit: 179
Precious metals may be replaced by iron, manganese, cobalt in “green” catalysts
A researcher at the Leibniz Institute for Catalysis in Rostock has developed new methods for the synthesis of drug precursors using catalysts made of iron, manganese and cobalt.
-
-
Visit: 181
Nickel-based electrode material opens doors to cobalt-free batteries
An international team of researchers has developed a nickel-based electrode material that opens new avenues to cobalt-free batteries for electric vehicles.
-
-
Visit: 195
Gecamines plans overhaul of mining JVs in world’s top cobalt supplier
The Democratic Republic of Congo’s state miner is broadening a push to extract more from its copper and cobalt joint ventures, seeking to negotiate for higher stakes across the board to gain leverage in management of some of its biggest mines.
-
-
Visit: 185
Africa moves a step closer to continent’s first cobalt refinery
Africa could have its first cobalt sulphate refinery by the end of 2025, one of the few outside of China capable of making the product that’s a key component of lithium-ion batteries.
-
-
Visit: 219
Congo artisanal cobalt monopoly can launch in months, CEO says
The state-owned company created to buy all of Democratic Republic of Congo’s hand-dug cobalt could start operating within three months after years of delays, according to its chief executive officer.
-
-
Visit: 164
Anglo American explores for copper, cobalt in Zambia
Anglo American is in the early stages of exploring for copper and cobalt in Zambia’s North-Western province, its chief executive officer Duncan Wanblad said on Monday.
-
-
Visit: 210
Glencore reports lower 2023 copper, nickel, cobalt output; flags further falls
Miner and trader Glencore on Thursday reported lower copper, nickel and cobalt production in 2023 and signalled a further decline in output this year.
-
-
Visit: 168
Most cobalt producers loss-making after 2023 price slump, says ERG
Most cobalt producers are likely to be losing money on every ton of cobalt they produce after a price slump last year, Benedikt Sobotka, chief executive at metals miner Eurasian Resources Group (ERG), said on Tuesday.
-
-
Visit: 170
Gecamines to push for copper, cobalt trading share
Mining News Pro - Congo’s State mining group Gecamines said it will push to secure the rights to buy copper and cobalt at mines it has holdings in, as it attempts to build its own stocks and trade the metals.
-
-
Visit: 168
Glencore’s Mutanda mine to produce less cobalt on ore depletion
Mining News Pro - Depleting ore grades of cobalt deposits at Glencore’s Mutanda mine in Congo means the miner will produce up to 15% less a year of the battery metal, three sources with knowledge of the matter said.
-
-
Visit: 221
Managem says water at cobalt mine safe, denies report on arsenic contamination
Mining News Pro - Moroccan mining company Managem said on Wednesday an audit of its water supplies showed no irregularities after a German newspaper reported that toxic arsenic had been found in water samples taken from mines in the country.
-
-
Visit: 158
Copper, cobalt supplies from Congo stranded by truckers’ strike
Mining News Pro - Copper and cobalt produced by companies, including Glencore and CMOC, are stranded in Kolwezi, Democratic Republic of Congo (DRC), due to a truckers strike that started in late October, four sources with direct knowledge of the matter said.
-
-
Visit: 198
China’s state reserve expected to buy 3,100t of cobalt – sources
Mining News Pro - China’s strategic reserve organization is expected to buy 3,100 metric tons of cobalt, two people briefed on the matter said, as Beijing builds up stockpiles of the strategic material used in batteries and aerospace.
-
-
Visit: 236
Kazakh miner ERG plans $800 million revamp of DRC copper, cobalt mine
Mining News Pro - Kazakh miner Eurasian Resources Group (ERG) plans to invest $800 million to revamp its Comide copper, cobalt mine in Democratic Republic of Congo, it said on Friday.
-
-
Visit: 209
Congo plans new copper-cobalt smelter to serve informal miners
Mining News Pro - Democratic Republic of Congo said it’s backing plans for a new domestically owned copper-cobalt plant to help formalize artisanal mining in the country, at a time when minerals crucial to electric vehicles are moving further into the global spotlight.
-
-
Visit: 240