Battery Metals - Copperbelt Katanga Mining

Canada launches Eco-friendly EV with hemp and bio-composite Materials 1

According to Project Arro, Canada has launched the first full-build, zero-emission vehicle named Project Arrow. An all-Canadian effort, it will be designed, engineered and built through the joint efforts of our world-class automotive supply sector and post-secondary institutions. Answering Prime Minister Trudeau’s call for a Zero-Emissions future by 2050, Project Arrow will bring together the best of the best of Canada’s electric-drive, alternative-fuel, connected and autonomous and light-weight technology companies. There’s the 3D-printed chassis made from composite materials to act as both a sturdy and lighter frame. To improve aerodynamics,… Read More Here

International Battery Metals

Reviving Nigeria’s Neglected $700bn Mining Sector

February 22, 2023February 22, 2023 Constance

The country wants to better capitalize on its rich mineral resources Amid the global push for green energy solutions, Nigeria’s reserves of critical minerals such as lithium, manganese and nickel are in high demand, prompting the government to release a series of initiatives that will fast-track foreign direct investment into the sector. On February 8, the Africa Finance Corporation (AFC), a pan-African multilateral development financial institution, established a partnership with the Nigerian mining sovereign wealth fund, Solid Minerals Development Fund (SMDF). The partnership aims to accelerate commercial scale, private sector-led mining projects by providing… Read More Here

Battery Metals Cobalt Copper

Africa’s Mineral Resources Targeted to Power Biden’s Green Energy Transition

February 22, 2023February 22, 2023 Constance

The United States’ domestic sources of minerals critical to the production of electric vehicles and green energy technologies may be restricted due to the Biden Administration’s reluctance to open mining opportunities. Africa is emerging as an alternative to China as a source of the minerals needed for electric vehicles and wind and solar technologies. The Biden administration opened the door to financing cobalt mining projects in the Democratic Republic of Congo and Zambia last year to meet the objectives of his climate agenda. African countries such as Zimbabwe and Namibia… Read More Here

Battery Metals Mining in DRC

DRC Establishes Congolese Council for Battery in the Race for Clean Energy Production

February 22, 2023February 22, 2023 Constance

The draft decree establishing the creation, organization, and functioning of the Congolese Council for Battery (CCB) was adopted during the 71st meeting of the Council of Ministers The Congolese Council for Battery has its new Board of Directors. Félix Tshisekedi appointed Gérôme Mungomba as the Chairman of the Board of this new strategic institution in a presidential decree. The Congolese Council for Battery provides the technical elements necessary to the government to ensure the supply chain of minerals that go into the production of batteries. ”The Congolese Council for Battery… Read More Here

Battery Metals International

Ghana to Enter Electric Vehicle Market through $30 Million Deal with Atlantic Lithium

February 22, 2023February 22, 2023 Constance

Ghana’s state-owned Minerals Income Investment Fund (MIIF) is negotiating a $30 million investment in Atlantic Lithium (A11.AX), which is constructing a lithium mine in the West African country. Lithium, a critical component in batteries used in electric cars, is in great demand, and prices have skyrocketed, sparking interest in projects around Africa. The MIIF announced plans to acquire an equity share in Atlantic Lithium, which has consented to float on the Ghana Stock Exchange. The fund did not specify the size of the stake it was considering purchasing. Atlantic Lithium… Read More Here

Mining in DRC Battery Metals

Tshisekedi Appoints Management for DRC Battery Council and Treasury

February 21, 2023February 21, 2023 Constance

The President of the Democratic Republic of Congo Félix Tshisekedi is pursuing the appointments of leaders from portfolio companies and public establishments. This time, it is the Congoles Council of the Battery and the Directorate General of the Treasury of accounts which were concerned. DIRECTORATE GENERAL OF THE TREAsURY AND PUBLIC ACCOUNTING MAKETA LUTETE THOMAS: CEO 2.MAABE MWANOMI SERGE: DGA in charge of technical issues and reforms 3.KINDUELO LUMBU KIPAMBE Lyvie: DGA in charge of administrative and financial matters. II CONGOLESE BATTERY COUNCIL . Mr. MAKIMBA MUNGOMBA GERÔME: PCA MR… Read More Here

Mining in Zambia Battery Metals Cobalt Copper Energy Events & Expos

Attendees at 2023 Mining Indaba share Zambia’s progress since 2022

February 19, 2023February 19, 2023 Constance

It’s been eight months since Zambia used its moment in the limelight at the 2022 Investing in African Mining Indaba to deliver the message that President Hichilema’s Administration would be prioritizing policy stability and predictability in the mining sector, the country’s biggest foreign exchange earner. Now, with the 2023 Mining Indaba behind us, Mining For Zambia reflects on the impression of unity that Africa’s second largest copper producer created for the investors, political leaders, commodity traders, and companies across the mining value chain who gathered at last week’s event. Ministries, parastatals, the Zambia Chamber… Read More Here

Cobalt Battery Metals International

Has Cobalt’s Battery-Powered Boom Turned to Bust?

February 17, 2023February 20, 2023 Constance

A blistering rally in the cobalt market is turning into a rout, putting pressure on miners and offering tentative cost relief for carmakers after a surge in battery metal prices last year. Cobalt rallied sharply early in 2022 as demand for electric vehicles surged. But while automotive usage is still rising, there’s been a sharp drop-off in buying from another key sector — Chinese electronics — and cobalt prices have crashed more than 50% since a peak in May. Pound for pound, the batteries used in laptops, phones and tablets… Read More Here

Battery Metals International Lithium

Global demand for lithium batteries to leap five-fold by 2030 – Li-Bridge

February 15, 2023February 15, 2023 Constance

Global demand for lithium batteries is expected to surge more than five-fold by 2030, public-private alliance Li-Bridge said on Wednesday, as more people opt for electric vehicles and energy storage systems. Demand for lithium batteries in the United States is expected to grow more than six times and translate into $55 billion per year by the end of the decade, but still the country is expected to depend on imports for supply, the report add Li-Bridge works toward accelerating the development of a robust supply chain for lithium-based batteries and… Read More Here

Mining in DRC Battery Metals News in Brief

DRC Exports 2,220 Tons of Tantalum Concentrates Worth $79M in 2022

February 14, 2023February 14, 2023 Constance

The Democratic Republic of Congo exported during the year 2022 a volume of 2,220 tons of tantalum concentrates representing a value of 79.1 million USD, according to data from the Ministry of Mines. Almost half of the tantalum exported by the DRC comes from the province of North Kivu, i.e. 1080 tons exported for a market value of 58 million USD. The other provinces that contribute to tantalum exports in the DRC are South Kivu for 415 tons; the Maniema for 10 tons; and the former Katanga with 713 tons. Tantalum is… Read More Here