Battery Metals - Copperbelt Katanga Mining

Cobalt, zinc, tin and Gold prices up this Week

February 8, 2023February 8, 2023 Constance

The main mining products exported from the Democratic Republic of Congo (DRC), in particular cobalt, zinc, tin and gold, should register a slight price increase on the international market for the period from February 6 to 11, 2023. C This is what the National Commission for Mercurial Prices of the Ministry of Foreign Trade indicates in its weekly report on the evolution of the prices of mining and agricultural products and forest menus in the Democratic Republic of Congo (DRC). According to this structure, cobalt should be trading this week… Read More Here

International Battery Metals Cobalt

Indonesia Emerges as the Top Cobalt Producer Outside of Africa

February 8, 2023February 8, 2023 Constance

Indonesia has emerged as a significant player in the global cobalt production, becoming the second-largest producer of the battery material. According to US government data, Indonesia surpassed other countries such as Russia and Australia to secure the second spot in 2022. This expansion is expected to continue this decade, reducing the world’s dependence on the Democratic Republic of Congo for over two-thirds of cobalt supplies and avoiding potential shortages. Indonesian President Joko Widodo has been promoting the country’s battery and EV industries, leveraging its abundant mineral resources. The country already… Read More Here

Mining in DRC Battery Metals

Microsoft calls for ‘coalition’ to Improve Congo’s Informal Cobalt Mines

February 8, 2023February 8, 2023 Constance

Microsoft visited an artisanal cobalt mine in Democratic Republic of Congo in December as part of attempts to jump-start formalization of the little-regulated and dangerous industry that experts say is key to meeting global demand for the battery material. Congo accounts for three-quarters of the world’s mined cobalt supply. Industrial mines produce most of Congo’s cobalt, but “artisanal” miners, who dig by hand and often die when tunnels cave in, account for up to 30% of production, though that fluctuates depending on price. In the first known visit by a… Read More Here

Mining in DRC Battery Metals

Gecamines Aims to Diversify into Minerals for Energy Transition

February 8, 2023February 8, 2023 Constance

Congo’s state-run mining company, Gecamines, aims to explore for minerals critical to the energy transition, such as lithium, tin, and rare earths, said the company’s Chairman Alphonse Kaputo Kalubi, yesterday 7th February. The company, which was once one of the world’s leading copper and cobalt producers in the 1980s, hopes to increase production to 100,000 tonnes of copper per year and diversify its operations. Kaputo mentioned that Gecamines’ geologists will organize campaigns to prospect for various minerals including lithium, tin, cobalt, coltan, titanium, wolframite, gold, and rare earths. He encouraged… Read More Here

Mining in DRC Battery Metals Cobalt Copper

DRC President Seeks New Ventures for Green Energy Metals Exploration

February 8, 2023February 8, 2023 Constance

President Felix Tshisekedi aims to establish the Democratic Republic of Congo as a crucial provider of metals for the transition to green energy. This objective requires fresh exploration for nickel and chrome. President Felix Tshisekedi announced at the Investing in African Mining Indaba conference in Cape Town, South Africa, yesterday 7th February, that exploration for nickel and chrome in the diamond-rich Kasai region of southern Congo will commence in the near future. The country is currently seeking investment partners for the processing of cobalt, tantalum, tin, and lithium. The shift… Read More Here

Battery Metals Mining in DRC

AVZ reacts to two decrees from the DRC Ministry of Mines which notably revoke the Manono license

February 7, 2023February 7, 2023 arnbethnic

The Manono lithium project is becoming like a Novellas television series, every day we are witnessing a new enigma, which in reality only delays the start of lithium exploitation in the province of Tanganyika in Manono by the Australian company, AVZ Minerals which owns 75% of the shares of Dathcom. Dathcom being a Joint-Venture between the Congolese State represented by COMINIERE which should hold 25% of the shares, of which 15% were illegally sold (according to the IGF which is the General Inspectorate of Finance of the DR Congo) to the… Read More Here

Mining in DRC Battery Metals

Ministry of Mines’ order blocks Manono Lithium Exploitation and Development?

February 7, 2023February 8, 2023 Constance

Should we expect a new legal saga in the telenovelas about the Manono lithium? Who will benefit from this, the COMINIERE, the Australians from AVZ Minerals, the “Mauritians” from MMCS, or the Chinese from ZIJIN? What is certain is that the population of Manono and Tanganyika in particular, and in general, the entire Congolese people must still wait patiently to see the effective exploitation of their lithium, which should boost the economy of this Lumumba country even more. With this ministerial decision granted by the Congolese Minister of Mines, the… Read More Here

Battery Metals International

How electric vehicles are Sparking a Battery Recycling Revolution

February 7, 2023February 7, 2023 Constance

Recycling batteries seems like a no-brainer. But our track record has been lousy. Hard numbers are difficult to come by, but in Canada, the U.S., and many European countries, it’s estimated that only two to 11 percent of lithium-ion batteries find their way to a recycling facility when they die. Instead, they sit forgotten in cupboards or drawers or worse, end up in landfills. Electric cars could change that. Their batteries are too big, too toxic, and too valuable to simply throw away. The global EV revolution has given rise to a new recycling… Read More Here

International Battery Metals Energy

Mozambique to Invest in Assembly Line for Electric Buses

February 7, 2023February 7, 2023 Constance

The government of Mozambique, through the Ministries of Transport and Communications and Industry and Commerce, is sponsoring a private initiative to invest in an assembly line for electric passenger transport buses as part of the National Program to Industrialize Mozambique. The project was presented and made public at a meeting in Maputo on Tuesday, January 31st, attended by key ministers and officials from relevant departments. The private partner, mentor of the project, was also present at the meeting. The problem of public transport in the country has been one of… Read More Here

Battery Metals International

Tata Considers Spain and Britain for European EV Battery plant

February 7, 2023February 7, 2023 Constance

Indian company Tata Group is considering setting up a battery cell plant for electric vehicles (EV) in Spain or Britain, a source with knowledge of the matter told Reuters, as the carmaker seeks to boost supply chains in Europe. Tata’s chief financial officer told Reuters last month the carmaker was considering setting up plants in India and Europe to produce battery cells for EVs. In Europe it would aim to provide batteries for its luxury Jaguar Land Rover unit, which has manufacturing facilities in Britain and Slovakia. The company told the Spanish government following… Read More Here