Battery Metals - Copperbelt Katanga Mining

A century after tin, lithium makes Manono dream in DRC

February 28, 2022February 28, 2022 arnbethnic

Near the rusting carcass of the old tin smelter, men and women, barefoot, search the ground for cassiterite, while hoping for the rebirth of their town of Manono, in DR Congo, thanks to the large deposit of lithium discovered at the gates of the old mining town. A little further on, the “diggers” bring their harvest to the Lukushi river where women, in the water from morning to evening, wash in zinc basins the gravel from which will emerge the small black pebbles of tin ore, whose they hope to… Read More Here

Battery Metals International Nickel

Electric vehicle battery demand surge supercharges nickel

February 22, 2022February 22, 2022 admin

Nickel rose to its highest level in more than a decade on Monday morning. London Metal Exchange (LME) three-month nickel has broken through January’s high of $24,435 per tonne to reach $24,610, a level last traded in 2011. Time-spreads remain in the grip of a ferocious squeeze, the cash premium closing last week valued at $465 per tonne. The huge incentive for LME delivery has drawn some metal into exchange warehouses but not enough to halt the running downtrend. The possibility of sanctions on Russia, which accounts for about 7% of… Read More Here

Battery Metals Lithium

Lithium battery manufacturers race to develop low-emission heavy equipment for mining

February 15, 2022February 15, 2022 admin

The mining industry globally is expanding, which makes getting to net zero emissions in the next decade unlikely at best. But one small company in Newcastle is hoping to make a difference by developing big battery systems for heavy equipment. Heavy vehicle battery manufacturer 3ME says the appetite for a low-emissions mining industry is high. The fledgling company, which started with just three staff in 2018 and has 55 today, is looking to grow with recent investments and federal grants combining to nearly $25 million. The company produces a lithium-ion battery system, made up of a series of… Read More Here

Battery Metals Cobalt International

WORLD: the sale of electric cars doubles in 2021 to reach 6.6 million pieces sold against 3 million in 2020 (IEA)

February 14, 2022February 14, 2022 admin

Data from the International Energy Agency (IEA) released at the end of January 2022 indicated that automakers sold 6.6 million electric cars in 2021 compared to 3 million the previous year, double the sale of the latter. The uptrend is set to continue into 2022 and beyond as one auto industry giant after another announces multi-year plans to go all-electric. This table reflects the start of the electric vehicle boom announced several years ago. Also, a business opportunity in the Democratic Republic of Congo (DRC) because of its potential in mining… Read More Here

Battery Metals International Lithium

Glencore to build UK battery recycling plant

February 4, 2022February 4, 2022 admin

Switzerland-based mining company Glencore has entered a joint venture with a Britain-based investor in battery cell technologies and research and development, Britishvolt, to build a battery recycling system in the UK, including a new plant. The agreement, according to Glencore, would develop a “world-leading ecosystem” for battery recycling in the UK. The plant would be located at the Britannia Refined Metals (BRM) operation in Northfleet. Once complete, the plant will be Glencore and Britishvolt’s first battery recycling facility in the UK, with an expected processing capacity of a minimum of… Read More Here

Cobalt Battery Metals Lithium Nickel

Glencore, Managem partner to recover cobalt, lithium, nickel from recycled batteries

January 26, 2022January 26, 2022 admin

Diversified miners Glencore and Managem have entered into a partnership to produce cobalt from recycled cobalt, nickel and lithium at Managem’s Compagnie de Tifnout Tiranimine (CTT) hydrometallurgical refinery in Morocco. Glencore and CTT intend to enter into a five-year tolling agreement for 1 200 t/y of recycled cobalt, as well as nickel hydroxide and lithium carbonate. The partnership forms part of Glencore and Managem’s commitments to support the electric vehicle industry in achieving its metals recycling targets. The partnership is conditional on a feasibility study to assess the commercial viability of… Read More Here

Battery Metals International Lithium

Supply squeeze risks are pushing lithium price higher and higher

January 12, 2022January 12, 2022 admin

Lithium has burst into 2022 with a fresh price spike that hands electric-vehicle makers more warning of even sharper cost pressures to come. Supplies of the mainstay battery material face a series of near-term risks that threaten deeper shortages just as demand accelerates with rising global EV adoption. An already-tight market is being roiled by everything from plant maintenance and Winter Olympics curbs in China, to pandemic-related labor shortages in Australia. That’s set to ratchet up the squeeze on EV manufacturers after a year that saw global lithium prices almost… Read More Here

Battery Metals International

Tesla sold a record 70,847 China-made vehicles in December

January 12, 2022January 16, 2022 admin

U.S. electric vehicle maker Tesla Inc sold 70,847 China-made vehicles in December, the highest monthly rate since it started manufacturing in Shanghai in 2019, data from the China Passenger Car Association (CPCA) showed on Tuesday. Tesla’s December sales, which included 245 for export, were almost three times the amount achieved in the same month last year and 34% higher than November’s sales. It also brought Tesla’s total sales of China-made cars for last year to at least 473,078, according to Reuters’ calculations of CPCA’s data, which prior to April did… Read More Here

Battery Metals Lithium Mining in DRC

AVZ raises A$75m for lithium project- DRC

December 10, 2021January 5, 2022 admin

AVZ Minerals Limited (ASX: AVZ, “the Company” or “AVZ”) is pleased to announce it has received firm commitments for a placement to raise $75 million (before costs) with 85% of funds coming via new global institutions and the balance from existingsophisticated shareholders including cornerstone investor Suzhou CATH Energy Technologies (“CATH”). The placement was significantly oversubscribed and further confirms the significant level of interest in the Company’s world-class Manono Lithium and Tin Project (“Manono Project”) situated in the Democratic Republic of the Congo (“DRC”).The successful capital raising allows the Board of… Read More Here

Battery Metals International

Solid-State Batteries Promise Electric Car Popularity Boost, But Technical Mountains Await

December 2, 2021January 21, 2022 admin

Solid-state battery technology should be the knight in shining armor for the electric car revolution, as it steps in to slash the cost of batteries and make living with a plug-in car just like an internal combustion engine (ICE) only better. The trouble is, the timetable for adoption keeps slipping and a mass market-ready product isn’t likely this decade, allowing time for other solutions like fuel cells to make up lost ground. Solid-state batteries promise fast, ubiquitous charging, and enough power to outrun ICE cars not just in the city,… Read More Here