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Category: Battery Metals

Electric vehicles surpass phones as top driver of cobalt demand 1 Battery Metals Cobalt International Mining in DRC 

Electric vehicles surpass phones as top driver of cobalt demand

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Electric vehicles (EVs) overtook smartphones and other high-tech devices for the first time last year as the main driver of cobalt demand, with the sector consuming 59,000 tonnes of the battery metal, or 34% of the total globally. According to a report published on Tuesday by the Cobalt Institute, cellphones manufacturers consumed 26,000 tonnes of the metal used in lithium-ion batteries, while laptops and tablets accounted for 16,000 tonnes of the total demand, which reached 175,000 tonnes. The figure contrasts with the 160,000 tonnes of cobalt mined last year, highlighting one of… Read More Here
Battery boom pulls trading giant Trafigura into lithium business 2 Battery Metals International Lithium 

Battery boom pulls trading giant Trafigura into lithium business

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Trafigura Group said its plan to invest in a new UK lithium refinery will mark the start of the trading giant’s foray into buying and selling the crucial battery metal. Last week’s agreement to back the plant being developed by startup Green Lithium brings the world’s top independent commodities trader into a market struggling to create enough new supply to meet demand for electric vehicles. The deal is part of Trafigura’s plan to grow a lithium trading book and link global car and battery companies to mines, its nickel and… Read More Here
Electric cars to account for over 80% of battery demand in next 20 years despite current challenges – report 3 Battery Metals International 

Electric cars to account for over 80% of battery demand in next 20 years despite current challenges – report

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Electric cars are expected to account for 79% of the EV market revenues and 83% of battery demand in the next two decades despite some current challenges, a new report by IDTechEx shows. According to the research firm, the reason for cars to continue to lead the EV sectors is that they have long been the focus of government policy for their popularity and the need to reduce road emissions. At present, electric cars are the largest market among EVs, with sales more than doubling in 2021 to over 6.4 million. But… Read More Here
white and orange gasoline nozzle Mining in DRC Battery Metals 

Battery and electric vehicle market: members of the DRC government called upon to play their part as quickly as possible

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The Minister of Industry Julien Paluku, during the 53rd meeting of the Council of Ministers, took stock of the significant progress made in the context of the implementation of the recommendations of the DRC Africa Business Forum, especially with regard to the cooperation with States producing electric battery components. According to him, the signing of the joint declaration by the Heads of State of the DRC and Zambia on April 29, 2022 in Lusaka preceded by the signing of the cooperation agreement between the two countries represented by their ministers… Read More Here
Demonization of 3T (coltan, cassiterite & tungsten) traceability, Global Witness plays SMB PR agent 4 Mining in DRC Battery Metals 

Demonization of 3T (coltan, cassiterite & tungsten) traceability, Global Witness plays SMB PR agent

arnbethnic
TRIBUNE – With more than 60% of the world’s coltan reserves, the DRC has regained, following significant progress in terms of strengthening the control and transparency of supply chains, its letters of nobility by positioning itself usefully on the market. international 3 T (coltan, cassiterite, tungsten). Since   2017, and the trend continues, it is the first producer of coltan, thus relegating, on the one hand, to the bottom of the scale certain neighboring countries which thus pranced unduly in the lead and giving, on the other hand, a lead to retaliate… Read More Here
African leaders talk up policy reform and regional cooperation in the mining sector 5 Economy Battery Metals Cobalt Copper Corporate social responsibility Events & Expos 

African leaders talk up policy reform and regional cooperation in the mining sector

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The Invest in Africa Mining Indaba heard that African leaders are waking up to the fact that the continent stands at the precipice of a generational opportunity to reinvent itself and participate in meaningful economic upliftment as the global energy transition accelerates. But to get there, several African leaders spoke of ongoing policy reforms to attract new investment and create new regional value chains to service the emerging green economy. South Africa’s president, Cyril Ramaphosa, told the Indaba audience that policy reforms were at the core of what was required… Read More Here
Sama Lukonde reaffirms DRC govt's determination on the creation of electric battery manufacturing plants at the local level 6 Battery Metals Events & Expos Mining in DRC 

Sama Lukonde reaffirms DRC govt’s determination on the creation of electric battery manufacturing plants at the local level

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May 11 in Cape Town, South Africa, on the sidelines of the Indaba Mining investing Forum, the Prime Minister, Jean-Michel Sama Lukonde answered questions from the press. The head of the Congolese government combed through all the relevant issues at the center of the Indaba Mining conference.  Taking advantage of this opportunity, he reaffirmed loud and clear the determination of the Democratic Republic of Congo to position itself, in Africa, in the production of electric batteries with regard to a large deposit of Lithium available to the Country. is an ongoing… Read More Here

DRC Minister of Mines signs the exploitation permit in favor of AVZ Minerals, What next?

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The Minister of Mines of the Democratic Republic of Congo (DRC), Antoinette N’Samba Kalambayi, has signed an order granting an exploitation permit to the mining company AVZ Minerals for its Manono lithium project. The announcement was made by the Australian mining operator on Wednesday May 4, 2022. With the signing of this decree, he thinks, AVZ Minerals is thus entering a decisive turning point for its plans to materialize this flagship asset, the Manono lithium project. Once the document from the Minister of Mines has been obtained, AVZ Minerals is… Read More Here
Good times are ahead for lithium miners as prices continue to surge 7 Battery Metals International Lithium 

Good times are ahead for lithium miners as prices continue to surge

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Good times are ahead for producers of lithium, the battery material that’s key to the electrification of transportation. Albemarle Corp., the world’s No. 1 miner of the silvery, white metal, boosted profit forecasts for the year as lithium prices soar due to demand from electric vehicles. The third biggest miner, Livent Corp., did the same. The popularity of electric vehicles has driven prices for battery metals sharply higher, even sparking fears of shortages of materials like lithium, cobalt and nickel. Lithium supplies are a concern in particular because there’s no… Read More Here
AVZ Minerals scores long-awaited Manono Project license 8 Battery Metals Lithium Mining in DRC Tin 

AVZ Minerals scores long-awaited Manono Project license

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AVZ Minerals Limited (ASX: AVZ, OTCQX: AZZVF) (AVZ or Company) is pleased to announce that the Minister of Mines has issued the Ministerial Decree to award the Permit d’Exploitation (PE or Mining Licence) for its flagship Manono Lithium and Tin Project (Manono Project). Dathcom Mining SA is 75% owned by AVZ International Pty Ltd, a wholly owned subsidiary of AVZMinerals Limited.Award of the Mining LicenceThe signing of the Ministerial Decree to award the Mining Licence to Dathcom Mining SA (Dathcom), in which AVZ holds a 75% interest via its wholly… Read More Here

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