Battery Metals - Copperbelt Katanga Mining

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

Tin Battery Metals International

Tin must tame its wildness to meet coming demand surge

December 9, 2022December 9, 2022 arnbethnic

The world is going to need another 50,000 tonnes of tin per year by 2030 to meet a looming surge in demand, according to the International Tin Association (ITA). Tin is an often overlooked critical mineral, commonly associated with the humble tin can, even though packaging today accounts for only 12% of global usage. Almost half the tin consumed every year is now used as a solder in circuit boards. The faster the world moves towards the internet-of-things, the more tin will be needed to glue the expanding metaverse together.… Read More Here

Battery Metals Lithium Mining in DRC

AVZ Launches Legal Action to Affirm Interests in the Manono Project

December 8, 2022December 8, 2022 arnbethnic

AVZ Minerals Limited through its wholly owned subsidiary AVZ International Pty Ltd (AVZI), on 1 December 2022 filed the first of two International Chamber of Commerce (ICC) arbitrations against Dathomir Mining Resources SARL (Dathomir) (First Dathomir Arbitration) and expects to file the second arbitration shortly (Second Dathomir Arbitration) (together the Dathomir Arbitrations). The purpose of the Dathomir Arbitrations is to seek a declaration affirming AVZI’s legal title to the 15% stake in the Manono Project acquired under the validly executed and completed sale and purchase agreements with Dathomir, there being… Read More Here

Battery Metals International

“Battery-grade” lithium trades at nearly USD 85,000 per tonne

December 8, 2022December 8, 2022 arnbethnic

Healthy demand from battery makers and shortages have propelled lithium prices to record highs, but increased supply and the removal of subsidies for electric vehicles by China mean a pullback is to be expected. Battery-grade lithium prices trading near $85,000 per ton are more than double the levels seen in early 2022 and four times the levels seen in September 2021. China, which bought one in every two electric vehicles sold last year, is expected to remain the number one country for electric vehicle sales for many years to come. But… Read More Here

Lithium Battery Metals International

Lithium price to retreat from record as electric car sales slow

December 7, 2022December 7, 2022 arnbethnic

Extracting lithium involves pumping underground water deposits to the surface and then extracting the metal from evaporation pools. (Stock image.) Healthy demand from battery manufacturers and shortages have propelled lithium prices to records, but rising supplies and China removing subsidies for electric vehicles mean a retreat is on the cards. Battery grade lithium prices trading near $85,000 a tonne are more than double the levels seen at the start of 2022 and four times the levels seen in September 2021. China, which bought one of every two electric vehicles sold… Read More Here

Equipment & Technology Battery Metals Technology & Innovation

Caterpillar Successfully Demonstrates First Battery Electric Large Mining Truck and Invests in Sustainable Proving Ground

November 23, 2022November 23, 2022 arnbethnic

Caterpillar Inc. (NYSE: CAT) announced a successful demonstration of its first battery electric 793 large mining truck and a significant investment to transform its Arizona-based proving ground into a sustainable testing and validation hub of the future. Caterpillar completed development of its first battery electric 793 prototype with support from key mining customers participating in Caterpillar’s Early Learner program. Participants of the program with definitive electrification agreements include BHP, Freeport-McMoRan, Newmont Corporation, Rio Tinto and Teck Resources Limited. “Our global team came together to develop this battery truck at an accelerated… Read More Here

Battery Metals Mining in DRC

Julien Paluku requests France’s support in the installation of a first battery manufacturing plant in the DRC

November 19, 2022November 19, 2022 arnbethnic

Emmanuel Macron, President of France and Julien Paluku Minister of Industry. Ph. Third Party Rights. Organized under the theme “Bali 2022: getting up together and stronger”, the G20 meeting of the group of 20 industrialized and emerging countries was attended by some members of the Congolese government, in particular the Minister of Industry Julien Paluku. In addition to the Russo-Ukrainian crisis and its consequences in Africa and in other continents, reports the communication unit of the Ministry of Industry, several other subjects were on the agenda including agriculture, the digital economy and… Read More Here