Battery Metals - Copperbelt Katanga Mining

Spike in electric vehicle sales drives cobalt price hike

March 15, 2021March 15, 2021 admin

Demand and prices for battery material cobalt are soaring as electric vehicles stream out of showrooms in China and Europe, with little prospect of a significant reversal as drivers and governments move to cut carbon emissions, reports Reuters. Payables – a reference to the percentage of the cobalt metal price used to price hydroxide, a feedstock for electric vehicle (EV) batteries – are up at around 93-94% from about 63-69% a year ago, analysts from Benchmark Mineral Intelligence said. “Primarily the price rise has been driven by real demand, largely… Read More Here

Battery Metals Nickel

Tesla gets involved in New Caledonia mine to secure nickel supply

March 7, 2021March 9, 2021 admin

Electric cars maker Tesla (NASDAQ: TSLA) will become a technical adviser at the conflict-ridden New Caledonia nickel mine, as part of the company’s attempt to secure enough supply of the key battery metal, which CEO Elon Musk has singled out as the his biggest concern. Political leaders in the French Pacific territory agreed on Thursday to sell a majority stake in Vale’s nickel business to a consortium called Prony, which includes Swiss commodity trader Trafigura. The Brazilian miner, the world’s top nickel producer, had been on the hunt for a buyer for over a… Read More Here

Cobalt Battery Metals International

Battery demand to maintain elevated cobalt prices – report

March 2, 2021March 2, 2021 admin

This year, Fitch Solutions expects a rebound in auto production, coupled with the accelerating EV uptake to keep cobalt prices on an uptrend. These sectors will serve as the primary battery end-market for cobalt chemicals such as cobalt hydroxide, the industry analyst says in its latest report. Battery metals have risen to the forefront of attention in 2021, as major economies continue to embark on green recoveries from the covid-19 pandemic. Cobalt, in both its metallurgical and chemical forms plays an important role in this increasing transition to greener energy infrastructure and… Read More Here

Battery Metals International

Tesla hit by battery shortage amid rallying lithium, cobalt, nickel prices

January 29, 2021January 29, 2021 admin

In a call to investors following disappointing financial results released Wednesday, CEO Elon Musk says Tesla doesn’t have enough cells to put new products like Semi truck into production. “Prototypes are easy. Scaling production is very hard. “The main reason we have not accelerated new products like the Tesla Semi is that we simply don’t have enough cells built. We could easily go into the production of the Semi, but we don’t have enough cells for it right now.” Musk said while the Semi does not cost five times more… Read More Here

Battery Metals

All the mines Tesla needs to build 20 million cars a year

January 28, 2021January 28, 2021 admin

Elon Musk and his merry band of executive vice presidents had plenty of advice for the mining and metals industry at the company’s Battery Day event in September, where the road map to a $25,000 Tesla was laid out. How easy it is to mine lithium (just add salt), just how much of it there is in Nevada (enough for 300 million EVs), how to be environmentally friendly (“put the chunk of dirt back where it was”) and, given these facts, why miners haven’t been trying harder. Since lithium is “just like… Read More Here

Battery Metals Zinc

Scientists develop anode-less zinc battery to store renewable energy

January 27, 2021January 27, 2021 admin

Researchers at Stanford University and King Abdullah University of Science and Technology have developed a prototype anode-less zinc-based battery that uses naturally abundant materials at low cost. In a study published in the journal Nano Letters, scientists Yunpei Zhu, Yi Cui and Husam Alshareef say they took inspiration from previous explorations of “anode-less” lithium and sodium-metal batteries and decided to make a battery. in which a rich cathode is the only source of zinc plating on a copper current collector. Their main objective was to solve a big problem related… Read More Here

Tests in Canada confirm the quality of Manono lithium for the production of electric batteries | DRC

January 15, 2021January 16, 2021 arnbethnic

The results of independent tests carried out in Canada give AVZ Minerals confidence to continue the development of the project and negotiate the sale of the product upstream. In DRC, the Manono project can deliver primary lithium sulphate that meets the specifications required for the manufacture of electric batteries. This is the assurance received by the mining company AVZ Minerals which requested tests in Canada to confirm the quality of the product. Independent metallurgical test work has confirmed Manono’s Primary Lithium Sulphate is suitable for battery production feedstock. Read all the… Read More Here

Cobalt Battery Metals Mining in DRC

A mission to convince major global consumers of Congolese cobalt

January 11, 2021January 11, 2021 arnbethnic

The missions of the Minister of Mines Professor Willy KITOBO SAMSONI in the world and in the provinces with the objective of convincing the large world consumers of Congolese Cobalt to work with the Government of his country to make the artisanal production of responsible Cobalt ended up paying off and give credibility to the efforts of the DRC in improving working conditions for artisanal mining activities. Indeed, it is since the last Davos conference in Switzerland where he was received by the members of GBA, his mission in Geneva… Read More Here

Battery Metals Cobalt

Cobalt may substitute platinum in fuel cells

December 29, 2020December 29, 2020 admin

A team led by researchers at the Pacific Northwest National Laboratory in the United States designed a highly active catalyst that contains cobalt interspersed with nitrogen and carbon and, thus, doesn’t rely on platinum to spur the necessary chemical reaction. In a paper published in the journal Nature Catalysis, the scientists say that their invention is four times more durable than similarly structured catalysts made from iron —another platinum substitute. In their view, their findings show promise for fuel cells in transportation as proton exchange membrane fuel cells paired with hydrogen… Read More Here

Lithium Battery Metals Mining in DRC New Mining Projects

AVZ Minerals concludes a sales contract with FL International of Ganfeng Lithium of China | DRC

December 26, 2020December 26, 2020 arnbethnic

The mining company AVZ Minerals announced on December 24, 2020, the conclusion of a supply agreement with GFL International, a subsidiary of the Chinese producer of materials for electric batteries, Ganfeng Lithium, reports Agence Ecofin. With an initial term of five years and likely to be extended, this partnership covers the annual sale of spodumene concentrate (SC6), up to 160,000 tonnes, from the future Manono tin and lithium mine. in the province of Tanganyika. “The fact that we signed our first take-off agreement with the largest Chinese producer of lithium… Read More Here