Battery Metals - Copperbelt Katanga Mining

Mackenzie debuts EV & Battery Supply Chain Service at 2023 Mining Indaba. 1

Wood Mackenzie , the leading provider of decision intelligence for the world’s natural resources sector , today 6th feb launched the Electric Vehicles and Battery Supply Chain Service ( EVBSC ) at the Mining Indaba 2023 conference in Cape Town , South Africa The EVBSC is a new product that provides end – to – end detailed analysis and forecasts of the electric transportation value chain including quarterly long – term outlooks to 2050 and 10 – year forecasts , and monthly short – term reports and data for EV… Read More Here

Battery Metals International

President Jokowi ‘confident’ Tesla will invest in Indonesia

February 5, 2023February 5, 2023 Constance

Indonesian President Joko Widodo is confident Tesla Inc will finalize a deal to invest in a production facility in his country, having offered the US car maker incentives ranging from tax breaks to a concession to mine nickel. Southeast Asia’s largest economy has been wooing Tesla to invest in battery and car manufacturing since 2020, seeking to leverage its rich reserves of nickel ore, which can be processed for use in EV batteries. The president, widely known as Jokowi, has held talks with Tesla Chief Executive Elon Musk twice, meeting… Read More Here

Copper Battery Metals International Oil & Gas

Glencore’s 2022 Output of Cobalt, Oil, Nickel, and Ferrochrome Rises

February 3, 2023February 3, 2023 Constance

Mining and marketing company Glencore produced 40% more cobalt last year, along with 16% more oil, 5% more nickel and 1% more ferrochrome. Although coal production of 110-million tonnes was 6.7-million tonnes higher, on a like-for-like basis, overall group coal production fell by 7%, primarily owing to wet weather challenges and an extended community blockade in Colombia, where Glencore now owns 100% of Cerrejón. Following the restart of the Mutanda mine in the Democratic Republic of Congo (DRC), the London- and Johannesburg-listed company last year produced 43 800 t of cobalt, 12 500 t more… Read More Here

Battery Metals International Lithium

General Motors invests $650mn in US lithium mine to secure EV battery materials

February 2, 2023February 2, 2023 arnbethnic

General Motors will invest $650mn in a US lithium mine, a record investment by a carmaker to secure the raw materials used in electric vehicle batteries. The US group will make an initial investment of $320mn by mid-2023 in return for exclusive rights to the first stage of lithium production at Lithium America’s Thacker Pass in the US state of Nevada and almost 10 per cent of the miner’s shares, with a further $330mn to follow later on. “It’s a landmark transaction, and it certainly won’t be the last major… Read More Here

Mining in Zambia Battery Metals

UN Experts To Intervene In Zambia’s Lead Pollution Case

January 30, 2023January 30, 2023 Constance

– A South African court has allowed a group of UN-appointed experts to intervene in a class action lawsuit against a mining company based in Zambia, the UN human rights office, OHCHR, reported on Thursday 26.01.2023. The lawsuit against mining giant Anglo American was filed on behalf of women and children in Zambia’s central Kabwe District, who are the alleged victims of lead poisoning. The UN experts – whose mandates cover issues such as toxic pollution and human rights, business and human rights, and discrimination against women and girls –… Read More Here

Battery Metals International

First 1,000 Tonnes Of Lithium To Be Produced At Marula’s Blesberg Mine.

January 27, 2023January 27, 2023 Constance

Marula Mining, an African mining and development company, has announced the start of mineral processing at the Blesberg Lithium and Tantalum Mine in South Africa. The initial delivery of 1,000 tonnes of high-grade lithium ore is set to begin. The processing operations, which began in November 2022, are focused on reprocessing existing stockpiles to produce a commercial grade lithium ore of between 4.00% and 5.50% Li2O, and to remove the stockpiles to allow for drilling and feasibility study work to potentially establish a long-term lithium mining operation. And The CEO… Read More Here

Gold Battery Metals Coal International

Metals And Mining Industry Pessimistic About Global Growth

January 27, 2023January 27, 2023 Constance

More than half (52%) of CRU clients in the metals and mining industries expect global GDP to grow by no more than 1% in 2023, according to CRU’s annual macroeconomic survey of clients, which polled global clients from the metals and mining industries in December 2022. The outlook is bleaker than CRU’s forecast for global GDP growth in 2023, which sits at 1.6%. Inflation, energy prices and the Russia-Ukraine war continue to shape global markets and remain front of mind heading into 2023. In addition to the stark outlook for… Read More Here

Copper Battery Metals Mining in DRC

Critical Metals Reaches Significant Milestone In DRC

January 26, 2023January 26, 2023 Constance

Critical Metals has begun copper production at the Molulu project, a former copper cobalt mine in the Democratic Republic of Congo. The production launch comes after the completion of on-site preparation work and the arrival of necessary mining equipment. This is a significant development as the company aims to acquire additional assets. The mine will initially operate on a single-shift schedule, with an estimated output of 10,000 tonnes of copper oxide ore per month in steady-state production. The copper ore produced in January 2023 will be stored for sale in… Read More Here

Battery Metals International

First Demonstration of EV Pilot Battery Passports Successful

January 24, 2023January 24, 2023 Constance

Eurasian Resources Group (ERG) and its partners in ReSource, a digital platform for the traceability of minerals powered by blockchain technology ensuring provenance and traceability of minerals from the mine to the EV battery, are proud to announce a successful demonstration of two of the first EV battery passports pilots. The pilots were developed and issued in collaboration with Albemarle, CMOC, ERG, Glencore, Kryha, LG Energy Solution, RCS Global, Tesla, Umicore, and the Global Battery Alliance (GBA), the world’s largest multi-stakeholder organisation to establish a sustainable battery value chain by… Read More Here

Battery Metals International

TANTALEX LITHIUM CLOSES ON 3M USD WORKING CAPITAL FACILITY

January 24, 2023January 24, 2023 Constance

Tantalex Lithium Resources Corp. has announced that it has closed a working capital finance facility of $3 million for its TiTan tin and tantalum concentrate plant, which is scheduled to begin production at the end of March 2023. The funds will be made available for drawdown as of February 8th, 2023. The Facility shall be repaid in installments of $125,000 per month plus the interest payable at a rate of 10% per annum. Construction works have now resumed, and transportation of the plant modules from Manono to the plant location… Read More Here