Battery Metals - Copperbelt Katanga Mining

Alternative Battery minerals gain favor

April 10, 2023April 10, 2023 Constance

Due to the explosion of the battery mineral market, the hunt has been on to find and develop more affordable alternatives. In the past decade there has been a massive global shift towards the utilisation of batteries in an increasingly wide range of applications. The most notable has been in stored power packs from PV installations to rechargeable batteries for the Electric Vehicle (EV) market that is increasingly putting higher demands on the delivery of critical minerals and metals. This demand has led to some of these minerals and metals… Read More Here

Musk puts $14 trillion price tag on sticking by fossil fuels

April 7, 2023April 7, 2023 Constance

Converting the world to entirely clean energy will require $10 trillion worth of investment, but continuing to rely on fossil fuels would cost about $14 trillion, according to Elon Musk. A massive build-out of solar-panel factories and metal refineries are required over the next 20 years to deliver renewable-power generation and electricity-storage capacity needed to power the global economy entirely with carbon-free energy, Tesla Inc. said in its Master Plan Part 3 published Thursday 6th April. The white paper fleshes out the details of Musk’s vision for a world without… Read More Here

Battery Metals International

Biden offers $450m for clean energy projects at coal mines

April 6, 2023April 6, 2023 Constance

The United States government announced on Tuesday 4th March, it had set aside $450 million to advance clean energy projects on current and former mine sites, given special attention to those that can provide new economic opportunities for coal communities. The Department of Energy will also provide $16 million to the University of North Dakota and West Virginia University to complete design studies for a domestic refinery that will extract rare earth and other critical minerals from coal ash, acid mine drainage and other mine waste, the White House said. After taking… Read More Here

Mining in DRC Battery Metals Cobalt Copper

DRC signs Framework for pre-feasibility study of economic zone for Batteries and EVs

March 30, 2023March 30, 2023 Constance

Will the DRC manage to set up its ambitious project to produce batteries and electric vehicles? Yes, we answer in the government. Prime Minister Sama Lukonde chaired this Monday, March 27, 2023 in Kinshasa the signing ceremony of the framework agreement relating to the creation of a special economic zone (SEZ) dedicated to this project. The stakeholders in this project are the DRC, Zambia, whose Minister of Industry came from Kinshasa, the United Nations Economic Commission for Africa and Afreximbank. The signed framework agreement aims to pave the way for a pre-feasibility… Read More Here

Battery Metals Cobalt Copper International

Value of Battery metals in newly-sold EVs tripled on rampant lithium, nickel prices

March 29, 2023March 29, 2023 Constance

The EV Metal Index, which tracks the value of battery metals in newly registered passenger EVs (including full battery, plug-in and conventional hybrids) around the world, totalled $26.9 billion in 2022, an increase of 232% compared to the prior year. That figure means as much EV battery metal business was done in 2022 than the combined total of the preceding five years. And that came despite pandemic lockdowns for most of the year in the world’s largest EV market and turmoil in Europe, the world’s no. 2 electric car market,… Read More Here

International Battery Metals Cobalt Copper Nickel

Seafloor Mining lowers Battery metals’ Environmental impact, study finds

March 26, 2023March 26, 2023 Constance

The Metals Company (TMC) on Tuesday 21st of March released the results of a lifecycle assessment of the environmental impacts of the company’s NORI-D Polymetallic Nodule Project carried out by Benchmark Mineral Intelligence. TMC’s project in the Clarion Clipperton Zone (CCZ) in the Eastern Pacific Ocean, between Hawaii and Mexico aims to bring online the planet’s largest undeveloped deposit of battery metals. The nickel, cobalt, manganese and copper are found in potato-sized rock-like nodules The Benchmark study assessed, among others, the global warming potential, acidification, eutrophication, particulate matter formation and… Read More Here

International Battery Metals

Small Scale Miners Strangulated By Lithium Blanket Ban in Zimbabwe

March 22, 2023March 22, 2023 Constance

In an appeal to the govt, the Zimbabwe Miners Federation (ZMF) president Henrietta Rushwaya said the unexpected Statutory Instrument (SI) 5 of 2023 — Base Minerals Export Control (Unbeneficiated Base Mineral Ores), in particular, in the export of raw lithium ore, had grounded miners’ business life. In the appeal, she stated that the unexpected ban has prejudiced standing off-take agreements between miners and international buyers some of whom had taken loans from their respective countries to finance trade in these minerals. Some miners have found themselves stuck with huge stockpiles… Read More Here

International Battery Metals

Global Carmakers now target $515 billion for EVs, batteries

March 22, 2023March 22, 2023 Constance

Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis, amping up investments aimed at weaning car buyers away from fossil fuels and meeting increasingly tough decarbonization targets. Less than three years ago, a similar analysis by Reuters found car companies planned to spend $300 billion on EVs and related technologies. But looming zero-carbon mandates in cities such as London and Paris and countries from Norway to China have lent additional urgency to the industry’s EV-related investment commitments. The most… Read More Here

Mining in DRC Battery Metals Contracts & tenders Mining in Zambia

DRC, Zambia, UN, Afreximbank to sign EV Battery precursor SEZ Agreement

March 20, 2023March 20, 2023 Constance

The signing of the Framework Agreement relating to the creation of Special Economic Zones dedicated to the production of precursors for batteries, batteries and electric vehicles between the Democratic Republic of Congo, Zambia, the United Nations Economic Commission for Africa and Afreximbank is scheduled for March 27, 2023 in Kinshasa. This signature will be followed by the launch of a pre-feasibility study. Which study will aim to design an implementation plan and an operational model for the creation and operation of the cross-border SEZ. It will also aim to identify the… Read More Here

Mining in DRC Battery Metals

China’s Lithium Dominance looms as DRC Mining delays continue

March 15, 2023March 15, 2023 Constance

The Democratic Republic of Congo is full of large reserves of lithium in its basement but not yet in a state of exploitation. Australia’s AVZ Mineral has a major lithium mining project in Manono, Tanganyika province, which could start this year after several months of exploration. However, while the global industry swears by the energy transition, lithium, like other metals in electric batteries, is coveted. The United States, China and Australia are seeking to control the market for this very strategic metal for the energy transition. while, having no technology, China’s efforts to… Read More Here