Battery Metals - Copperbelt Katanga Mining

Electra Battery Materials Launches Demonstration Plant In Temiskaming Shores 1

Electra Battery Materials has launched a demonstration plant designed to recover and recycle high-value elements found in lithium-ion batteries including nickel, cobalt, lithium, copper and graphite at its refinery complex north of Toronto. Electra claims it will process up to 75 tonnes of black mass material in batches mode using its proprietary hydrometallurgical process in the demonstration plant. Electra plans to complete the demonstration plant in early 2023, while providing regular updates. Pending the successful completion of the demonstration plant, Electra says it will assess whether to continue processing black… Read More Here

Mining in DRC Battery Metals

Critical Metals now increases its stake in the Molulu copper-cobalt mine to 70%

December 24, 2022December 24, 2022 arnbethnic

The British mining company Critical Metals formalized on Monday December 19 the takeover of Madini Occidental Ltd, a shareholder company in the Molulu copper-cobalt mine. That 100% stake now gives Critical a 70% stake in Molulu, up from 55% previously, agencyecofin.net reports. “We are absolutely delighted that Madini Minerals has accepted our offer to acquire the remaining 21.5% of Madini Occidental Ltd . This new ownership structure will significantly increase shareholder value as demand for copper and cobalt continues to increase,” said Critical Metals CEO Russell Fryer. By the end of 2022,… Read More Here

Battery Metals International

US completes $2.5 billion loan to GM and LG battery joint venture

December 17, 2022December 17, 2022 Copperbelt Katanga News

The U.S. Department of Energy said Monday it had finalized a $2.5 billion low-cost loan to a joint venture of General Motors Co and LG Energy Solution to help pay for three new cell manufacturing facilities. lithium ion battery. The loan will help fund the construction of new lithium-ion manufacturing facilities in Ohio, Tennessee and Michigan, supporting 6,000 construction jobs and 5,100 operations jobs at the three plants. U.S. Energy Secretary Jennifer Granholm plans to tout the Ultium loan close during a visit to Michigan on Monday with Deputy Labor… Read More Here

Battery Metals Mining in Zambia New Mining Projects

Watch KoBold President Josh Goldman Announce the Company’s $150 million Mingomba Deposit Investment

December 15, 2022December 16, 2022 arnbethnic

KoBold President Josh Goldman, EMR Capital EMR Executive Chairman Owen Hegarty, U.S. Commerce Secretary Gina Raimondo, Zambian Minister for Mines and Minerals Development Paul C. Kabuswe, and His Excellency Hakainde Hichilema, President of the Republic of Zambia joined together to announce KoBold’s $150 million Mingomba Deposit investment during the Biden Administration’s 2022 African Leader’s Summit. Read More Here

News in Brief Battery Metals Mining in DRC Mining in Zambia

The US, DRC and Zambia signs an MOU for the Electric Vehicle Battery Value Chain

December 15, 2022December 16, 2022 Constance

Zambia and DRC appended their signatures to an MOU on U.S. Assistance (Investments & Technologies) to develop the DRC-Zambia Electric Vehicle the DRC-Zambia Electric Vehicle Battery Value Chain, further supporting the Minerals Security Partnership’s objectives said Secretary Antony Blinken. Does it mean a change of strategic partnership for the DRC, USA versus China? In order to build up that value chain, DRC will need to start by assessing its climate of investment in the mining industry. ”Zambia and the Democratic Republic of Congo have signed an agreement with the United… Read More Here

Mining in DRC Battery Metals New Mining Projects Press Release

TANTALEX LITHIUM ANNOUNCES IMPRESSIVE MAIDEN MINERAL RESOURCE ESTIMATE FOR THE MANONO LITHIUM TAILINGS PROJECT

December 15, 2022December 15, 2022 Constance

Toronto, Ontario, December 15th, 2022 – Tantalex Lithium Resources Corp. (CSE: TTX – FSE: DW8 – OTCQB: TTLXF) (“Tantalex” or the “Corporation”), is pleased to announce a Maiden Mineral Resource Estimate for its majority owned Manono Lithium Tailings project in the Democratic Republic of Congo. Key Highlights MANONO TAILINGS MINERAL RESOURCE STATEMENT The Mineral Resource was estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Best Practice Guidelines and is reported in accordance with the 2014 CIM Definition Standards, which have been incorporated by reference into National Instrument… Read More Here

Mining safety Battery Metals Mining in DRC

U.S. bid for battery metals has Africa blind spot

December 15, 2022December 15, 2022 Constance

Mining companies and governments in Africa are calling for stronger trade ties with the United States after a new climate law set out incentives for U.S. carmakers sourcing battery materials from trade partners. The $430 billion Inflation Reduction Act (IRA) has been criticised by the European Union and South Korea, who say it could hurt their car industries. It could also negatively impact African nations that produce battery materials. Mining companies and governments in Africa are calling for stronger trade ties with the United States after a new climate law set out incentives for U.S.… Read More Here

Cobalt Battery Metals Mining in Zambia New Mining Projects

KoBold Metals to build copper-cobalt mine in Zambia backed by Bill Gates & Jeff Bezos

December 14, 2022December 15, 2022 arnbethnic

KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has committed $150 million to developing the Mingomba copper-cobalt mine in Zambia, said to be the world’s highest-grade undeveloped large deposit of the orange metal. The start-up, which has Gates’ Breakthrough Energy Ventures and the world’s top miner BHP (ASX:BHP) as shareholders, will use its artificial intelligence tools to process drilling data and optimize exploration for copper and cobalt at Mingomba. KoBold is buying into what will be a joint venture with the existing owners of the project – Australian… Read More Here

New Mining Projects Battery Metals Lithium Mining in DRC

TANTALEX COMMENCES DRILLING ON HIGHLY PROSPECTIVE PEGMATITE CORRIDOR IN MANONO, DRC

December 14, 2022December 14, 2022 arnbethnic

Tantalex is pleased to announce that its 70% owned DRC subsidiary United Cominiere SAS has started exploration drilling on the Pegmatite Corridor which is immediately downstrike from the world’s largest undeveloped hard rock lithium resource. Blue Sky Lithium Discovery Potential The TiTan project The Company would also like to update it’s shareholders on the progress of the TiTan plant construction which remains on schedule for a start of operations in March 2023. The access road upgrade between Manono and the Titan plant location has been completed and the teams are… Read More Here

Battery Metals International

The global race to secure critical minerals heats up

December 11, 2022December 11, 2022 arnbethnic

The World Trade Organization last week ruled that Indonesia had no right to ban the export of nickel or to require that raw nickel ore be refined in Indonesia. Handing a comprehensive victory to the complainant, the European Union, the WTO decision highlights the clash between national security and global trade rules over critical minerals. At least 14 nations, including Australia, have drafted special national-security-focused arrangements governing investment and trade in critical minerals. Nickel—a crucial input of batteries and stainless steel—is on seven of those lists. Indonesian President Joko Widodo made clear that the… Read More Here