Battery Metals - Copperbelt Katanga Mining

Premier African Minerals Signs LOI with Glencore for Zulu Lithium Concentrate

April 28, 2025April 28, 2025 Constance0 comment

Premier African Minerals (Premier) has signed a non-binding Letter of Interest (LOI) with Glencore International regarding the potential sale of spodumene concentrate from its Zulu Lithium and Tantalum Project in Zimbabwe. The LOI outlines preliminary terms for a future binding agreement, contingent on the Zulu Project meeting specific production standards, particularly in grade and volume. Premier aims to finalise the binding agreement within the next three months, with support from Canmax Technologies. Located approximately 80 km from Bulawayo, the Zulu Project is one of Zimbabwe’s largest undeveloped lithium-bearing pegmatites, covering… Read More Here

International Battery Metals New Mining Projects

Trump Administration Fast-Tracks 10 Strategic Mining Projects to Boost U.S. Critical Mineral Supply

April 25, 2025April 25, 2025 Constance0 comment

The Trump administration has fast-tracked ten mining projects across the United States in a major push to increase domestic production of critical minerals and reduce dependence on foreign supply chains. The selected projects—covering copper, lithium, gold, potash, coal, bromine, and phosphate—involve major industry players such as Rio Tinto, Hecla Mining, Albemarle, Warrior Met Coal, and Perpetua Resources. These initiatives form the first wave under President Trump’s executive order aimed at strengthening American mineral independence. Projects approved for expedited federal permitting include: Rio Tinto’s Resolution Copper project in Arizona Perpetua Resources’… Read More Here

International Battery Metals Lithium

Andrada Confirms High-Grade Lithium, Tin, and Tantalum at Uis Project in Namibia

April 13, 2025April 13, 2025 Constance0 comment

Aim-listed Andrada Mining has announced encouraging initial drill results from 13 polymetallic pegmatites at its Uis mining licence in Namibia, reinforcing the scale and quality of mineralisation at the project, according to CEO Anthony Viljoen. The pegmatites, located within a 3 km radius of the existing Uis tin mine processing plant, form part of a broader swarm of approximately 180 mineralised pegmatites identified within the licence area. The current drilling campaign aims to validate historical data and evaluate the by-product potential of these previously mined areas. The programme includes 44… Read More Here

Mining in DRC Battery Metals Cobalt

CMOC Increases Cobalt Output Despite DRC Export Ban

April 12, 2025April 12, 2025 Constance0 comment

CMOC Group significantly increased cobalt production at its operations in the Democratic Republic of Congo during the first quarter of 2025, even as local authorities enforced a temporary export ban on the battery metal. According to the company’s latest statement, cobalt output rose by 20.7% to 30,414 metric tons in the three months ending March. Copper production also climbed 15.7%, reaching approximately 171,000 metric tons. In February, the DRC — the world’s largest supplier of cobalt — imposed a four-month ban on cobalt exports, aiming to curb market oversupply and… Read More Here

Mining in DRC Battery Metals Corporate News Lithium

Rio Tinto Eyes Roche Dure Lithium Mine Amid DRC Talks

March 30, 2025March 30, 2025 Constance

Rio Tinto has engaged in early discussions with the Democratic Republic of Congo (DRC) about developing the Roche Dure deposit into a lithium mine. Roche Dure is one of the world’s largest hard-rock lithium resources, making it a highly strategic asset in the global lithium market. Neither Rio Tinto nor the DRC’s Ministry of Mines has commented on the talks. Meanwhile, the DRC is also in discussions with the U.S. government over a potential minerals-for-security agreement aimed at countering a Rwanda-backed rebellion in its eastern provinces. California-based exploration company KoBold… Read More Here

Mining in DRC Battery Metals Cobalt Economy

DRC Extends Cobalt Export Ban to Boost Market Control and Local Processing

March 26, 2025March 26, 2025 Constance

President Félix-Antoine Tshisekedi has reaffirmed the Democratic Republic of Congo’s (DRC) commitment to maintaining the suspension of cobalt exports, as per the timetable set by the Strategic Mineral Substances Market Regulatory and Control Authority (ARECOMS) since February 22, 2025. The decision was confirmed during the 36th Council of Ministers meeting on March 21. “To safeguard the state’s strategic interests and enhance the sector’s economic attractiveness, the President has directed that the suspension of exports remain in place in accordance with ARECOMS’ decisions,” the government reported. Tshisekedi highlighted the suspension’s success,… Read More Here

Mining in DRC Battery Metals Lithium

KoBold Metals Eyes Major Lithium Project in the DRC Amid Legal Dispute

March 22, 2025March 22, 2025 Constance

KoBold Metals, a mining company backed by billionaires Bill Gates and Jeff Bezos, has informed the Democratic Republic of Congo’s government of its interest in developing one of the world’s largest hard rock lithium deposits. This marks the first significant offer from a major U.S. mining company to invest in the central African nation, coinciding with early discussions on a potential minerals and security partnership between the two countries. KoBold, which leverages artificial intelligence to explore materials vital for the energy transition, has proposed taking over a highly sought-after mining… Read More Here

Mining in DRC Battery Metals Cobalt Copper

CMOC Posts Record Earnings in 2024 on Strong Cobalt and Copper Output

March 22, 2025March 22, 2025 Constance

China’s CMOC Group Ltd., the world’s largest cobalt producer, reported record earnings in 2024, driven by increased production, higher sales, and rising copper prices. The company’s net income surged 64% to 13.5 billion yuan ($1.9 billion), surpassing analysts’ estimates of 12.3 billion yuan. Revenue rose 14% to 213 billion yuan, also exceeding forecasts. CMOC attributed its strong performance to capacity expansions and efficiency improvements. “Mining is a cyclical industry, and accurately understanding market cycles is key to successful expansion,” the company stated in its earnings report. “At the bottom of… Read More Here

Mining in DRC Battery Metals Cobalt

DRC Partners with Indonesia to Regulate Global Cobalt Supply

March 22, 2025March 22, 2025 Constance

The Democratic Republic of Congo (DRC) has announced a partnership with Indonesia to strengthen its control over cobalt supply on the international market. The decision, made by the Economic Situation Committee, was officially presented by Prime Minister Judith Suminwa Tuluka during the 35th Council of Ministers meeting on March 14, 2025. Following a four-month suspension of cobalt exports, the DRC—holder of 75% of the world’s cobalt reserves—is determined to manage its supply effectively. The suspension was initially imposed due to an oversupply in global markets, which led to a decline… Read More Here

Mining in DRC Battery Metals Regional conflict

DRC Seeks U.S. Security Partnership in Exchange for Critical Mineral Access

March 22, 2025March 22, 2025 Constance

In a March 19, 2025, interview with Fox News, Congolese President Félix Tshisekedi confirmed his government’s interest in negotiating a security partnership with the United States in return for access to the Democratic Republic of Congo’s (DRC) vast critical mineral resources. “We are looking for partnerships and have established some with several countries. We believe that the United States, given its role and influence in the world, is an important partner for us. We are happy to see that with the Trump administration, things are moving forward at a faster… Read More Here