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Category: Battery Metals

Canada and Germany Deepen Critical Minerals and Energy Partnership with New Joint Declaration 1 International Battery Metals Partnership 

Canada and Germany Deepen Critical Minerals and Energy Partnership with New Joint Declaration

Constance
Canada and Germany Sign Agreement to Secure Critical Minerals, Hydrogen Trade and Energy Supply Chains BERLIN – Canada and Germany signed a joint declaration on critical minerals and energy cooperation on Tuesday, strengthening ties between the two countries as demand surges for materials vital to electric vehicles, clean energy, and advanced technologies. The agreement, announced during Prime Minister Mark Carney’s official visit to Germany, commits both countries to securing supply chains, expanding R&D collaboration, and co-funding projects across industries such as defence, aerospace, and clean energy. “Canada has immense potential… Read More Here
Africa Poised to Become Global Hub for Critical Minerals and Industrial Growth 2 Mining in Zambia Battery Metals Cobalt Copper Mining in DRC 

Africa Poised to Become Global Hub for Critical Minerals and Industrial Growth

Constance
Africa Poised to Lead Global Critical Minerals Market with Strategic Industrial Transformation African nations have the opportunity to leverage their critical mineral resources to move beyond traditional extraction models and capture far greater value across the entire mining-to-manufacturing value chain. A new report from Boston Consulting Group (BCG) Africa, titled “Africa’s Critical Minerals Moment: A Strategic Blueprint for Sovereign, Sustainable, and Scalable Growth”, highlights the continent’s potential as a central player in the global critical minerals market, as demand is expected to more than double by 2040. Africa hosts some… Read More Here
KoBold Metals Expands Lithium Exploration in DRC with Seven New Permits 3 Mining in DRC Battery Metals Corporate News Lithium New Mining Projects 

KoBold Metals Expands Lithium Exploration in DRC with Seven New Permits

Constance
KoBold Metals Secures Seven Lithium and Critical Mineral Permits in DRC Amid U.S. Investment Push KoBold Metals, the mineral exploration company backed by U.S. billionaires Jeff Bezos and Bill Gates, has secured seven new permits to explore lithium and other critical minerals in the Democratic Republic of Congo (DRC). The licenses were awarded weeks after the Berkeley, California-based company signed an exploration agreement with the Congolese government, part of a broader strategy to attract American investment into the country’s mining sector. The DRC is the world’s largest producer of cobalt,… Read More Here
US Expands Critical Minerals List to Include Copper, Potash, and Silicon 4 International Battery Metals Copper 

US Expands Critical Minerals List to Include Copper, Potash, and Silicon

Constance
US Government Adds Copper, Potash, and Silicon to Critical Minerals List in Major 2025 Update The US government has proposed adding copper, potash, and silicon to its critical minerals list, marking the most significant revision since the list’s inception in 2018. The update, conducted every three years under the Energy Act of 2020, now includes 54 minerals. Six minerals—copper, silicon, potash, silver, lead, and rhenium—were proposed for addition, while two, tellurium and arsenic, were removed. Copper and silicon were added due to the severe economic risks posed by potential supply… Read More Here
DRC Poised to Profit as Cobalt Prices Surge Amid Global EV and Battery Demand 5 Mining in DRC Battery Metals Cobalt 

DRC Poised to Profit as Cobalt Prices Surge Amid Global EV and Battery Demand

Constance
Cobalt Prices Surge, Offering Major Opportunities for the Democratic Republic of Congo The international cobalt market, a key export of the Democratic Republic of Congo (DRC), has seen significant growth in recent months. According to the Central Bank of Congo (BCC) in its latest economic outlook, cobalt prices held steady at USD 32,650 per tonne during the last week of July 2025, remaining unchanged into the first week of August. Compared to the end of 2024, cobalt prices have surged by 35.8%, and over the past year—from August 2024 to… Read More Here
Munali Nickel Mine Halts Operations Amid Funding Crisis and Mounting Debt 6 Mining in Zambia Battery Metals Nickel 

Munali Nickel Mine Halts Operations Amid Funding Crisis and Mounting Debt

Constance
Zambia’s Munali Nickel Mine Faces Shutdown as Funding Delays Leave 900 Workers Unpaid and Contractors Withdraw Munali Nickel Mine, operated by Mabiza Resources Limited, has announced severe operational challenges that have forced the suspension of several mining activities, leaving the future of the mine in uncertainty. Nearly 900 employees have gone more than two months without salaries, after shareholders CE Mining (UK) and CTG Jintong (China) failed to provide the promised funding by the July 31, 2025 deadline, mine officials confirmed. The situation worsened when key contractor Epiroc withdrew its… Read More Here
US Plans $500m Cobalt Procurement to Strengthen Defense Mineral Stockpiles 7 International Battery Metals Cobalt 

US Plans $500m Cobalt Procurement to Strengthen Defense Mineral Stockpiles

Constance
US Targets $500m Cobalt Purchase for Defense Supply Chain Amid China’s Mineral Restrictions The United States is moving to secure its supply of critical minerals, with the Department of Defense (DoD) announcing plans to procure up to $500 million worth of cobalt for its defense stockpiles. The initiative comes as Washington intensifies efforts to reduce reliance on China’s near-total control of the critical minerals sector. China’s Export Restrictions Spark Urgency The global supply chain for rare earths and other strategic minerals has come under pressure following China’s recent export restrictions.… Read More Here
AVZ Minerals Secures 10% Manono Stake After ICC Victory 8 Mining in DRC Battery Metals Corporate News Lithium 

AVZ Minerals Secures 10% Manono Stake After ICC Victory

Constance
AVZ Minerals Triumphs in ICC Ruling, Strengthens Control of DRC’s Manono Lithium Project Australian mining company AVZ Minerals has won its arbitration case against Dathomir Mining Resources before the International Chamber of Commerce (ICC). The ruling, issued on July 14, 2025, definitively confirms AVZ’s acquisition of a 10% stake in Dathcom Mining SA, owner of the world-class Manono lithium project in the Democratic Republic of Congo. AVZ’s subsidiary AVZI initiated the case before the ICC to confirm the legality of a 2020 Share Purchase Agreement (SPA). The tribunal ruled that:… Read More Here
KoBold Metals to Acquire 17,000 Mining Concessions in DRC Lithium Push 9 Corporate News Battery Metals Lithium Mining in DRC 

KoBold Metals to Acquire 17,000 Mining Concessions in DRC Lithium Push

Constance
Backed by Gates and Bezos, KoBold Metals Targets DRC Lithium in $1B Exploration Deal KoBold Metals, a U.S.-based mining company backed by billionaires Bill Gates and Jeff Bezos, is preparing to acquire nearly 17,000 mining concessions in the Democratic Republic of Congo (DRC) as part of an ambitious large-scale exploration program. The company uses advanced artificial intelligence and data-driven technology to identify deposits of critical minerals used in electric vehicle (EV) batteries. On July 17, 2025, KoBold signed an agreement in principle with the Congolese government in a ceremony attended… Read More Here
US Sanctions Armed Group and Hong Kong Companies Linked to Congo’s Illicit Mineral Trade 10 Mining in DRC Battery Metals 

US Sanctions Armed Group and Hong Kong Companies Linked to Congo’s Illicit Mineral Trade

Constance
US Targets Armed Group and Hong Kong Firms Over Congo Conflict Minerals The United States has imposed sanctions on an armed group and two Hong Kong-based companies accused of involvement in violence and illegal mining in the Democratic Republic of Congo (DRC). Officials say the move is part of a broader effort to disrupt the flow of “conflict minerals” from the region. The Treasury Department’s Office of Foreign Assets Control (OFAC) announced penalties against PARECO-FF, a successor to an armed group with a history of “destabilizing activities” in the DRC.… Read More Here

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