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Category: Cobalt

DRC: mining companies produced 104,920 tons of cobalt at the end of November 2022 (report) 1 Mining in DRC Cobalt 

DRC: mining companies produced 104,920 tons of cobalt at the end of November 2022 (report)

arnbethnic
Cobalt production in the Democratic Republic of Congo is increasing significantly during the year 2022. According to the recent digest of statistical information published by the Central Bank of Congo (BCC), mining companies based in the Democratic Republic of Congo (DRC) produced 104,920 tons of cobalt at the end of November 2022. During the same period last year (2021), the total volume of cobalt production by Congolese mining companies was around 84,442 tons, which is 20,478 tons less than the production of the year. In progress. BCC statistical data indicates… Read More Here
CONGOLESE TOWN TO ‘DISAPPEAR’ TO GIVE WAY FOR COBALT MINES 2 Mining in DRC Cobalt Environment Social Governance (ESG) 

CONGOLESE TOWN TO ‘DISAPPEAR’ TO GIVE WAY FOR COBALT MINES

arnbethnic
Houses in the Gecamine district of the DRC on the edge of the abyss of the Chinese mining company COMMUS, downtown Kolwezi. Once a thriving neighborhood of neat houses and tree-shaded avenues, this district of the city of Kolwezi is now nearly destroyed.  “We are finished,” said Alphonse Fwamba Mutombo, standing on a rubble overlooking an open-cast cobalt mine in Kolwezi, south eastern DR Congo. His had once been a thriving neighborhood of neat houses and tree-shaded avenues. Today, the wreckage of demolished houses, separated from the sprawling pit by… Read More Here
EV Battery Lithium Battery Metals Cobalt International 

A Battery Passport can create a circular economy for EVs

arnbethnic
Benedikt Sobotka warns that the lack of recycling capability could dramatically limit the speed at which the EV transition takes place Transportation currently accounts for 37% of global CO2 emissions, according to the International Energy Agency, which means the decarbonisation of the transport sector forms an essential part of any serious plan to address climate change. At the heart of this process is the transition from traditional, internal combustion engine (ICE) vehicles to electric vehicles (EVs). Global electric car sales have continued on a strong upward trend in 2022, with… Read More Here
Greening global economy brings dependence on critical minerals 3 Battery Metals Cobalt Copper Global markets Lithium Nickel 

Greening global economy brings dependence on critical minerals

arnbethnic
After nearly a century of geopolitical tension over access to oil, experts worry that the global transition to clean energy is creating new dependencies on the critical minerals needed for solar panels, wind turbines and electric vehicle batteries. ADVERTISING Control over most of these essential elements is concentrated in a handful of countries, none more than China, they note. Which metals are key for the energy transition? Cobalt, nickel, manganese and lithium are critical to making electric vehicle batteries. Rare earths such as neodymium, praseodymium and dysprosium are used in… Read More Here
Climate transition: After oil, a new dependence on strategic metals? 4 Mining in DRC Battery Metals Cobalt 

Climate transition: After oil, a new dependence on strategic metals?

arnbethnic
After a century of geopolitical tensions around access to oil, experts fear that the energy transition will create, especially in Europe, new dependencies on countries that produce metals crucial for low-carbon technologies and energy. electrification of the planet. 1 – What are the climate transition metals? Cobalt, nickel, manganese, lithium conduct electricity in car batteries. Rare earths (neodymium, praseodymium, dysprosium, etc.) are used in hard disks or permanent magnets for wind turbines. Copper and aluminum generally conduct electricity. Platinum is used for hydrogen.   These metals allow industry, electronics, transport or energy systems… Read More Here
In eight months, Gécamines produced 15,104 tonnes of cobalt and 2,217 tonnes of copper-DRC 5 Copper Cobalt Mining in DRC 

In eight months, Gécamines produced 15,104 tonnes of cobalt and 2,217 tonnes of copper-DRC

admin
General of careers and mines (Gécamines) produced 15,104 tonnes of cobalt and 2.217 tonnes of copper during the first eight months of 2022. This is indicated by the official statistical data published by the Central Bank of Congo (BCC) in its Summary of statistical information for the month of October 2022. According to the Central Bank of Congo, Gécamines records an increase in production in 2022 compared to the same period in 2021 when annual cumulative production was around 1,568 tonnes for copper and 11,199 tonnes of cobalt. This document… Read More Here
More than 80,000 tons of cobalt produced in 8 months by the mining industry-DRC 6 Cobalt Mining in DRC 

More than 80,000 tons of cobalt produced in 8 months by the mining industry-DRC

admin
The Democratic Republic of the Congo produced 80,752 tons of cobalt between January and August 2022 compared to 59,876 tons of cobalt in the same period in 2021, according to the Condensed statistical information of the Central Bank of Congo for the month of October 2022. Having already achieved a monthly production of 10,000 tons of cobalt in the first 8 months of this year, the DRC mining industry is on track to cross the milestone of 100,000 tons of cobalt in 2022. Note that the Democratic Republic of the… Read More Here
Consider industrial mining investment outside of Greater Katanga! (Grandstand)-DRC 7 Mining in DRC Cobalt Copper Lithium 

Consider industrial mining investment outside of Greater Katanga! (Grandstand)-DRC

admin
The DRC is a geological scandal. There is gold, cobalt, copper, lithium, coltan, etc. These natural advantages are reflected in particular by the country’s positive growth rate, driven largely by the mining sector. However, on closer inspection, this potential seems to me to be under-exploited. Indeed, when I analyze the State of mining titles dated July 2021, it appears that out of the 388 active mining titles belonging to private entities, 245, or 63% are located in the provinces of Upper Katanga and Lualaba. The western provinces where there are however traces of minerals… Read More Here
All mining products exported from the DRC are down this week on the international market 8 Copper Cobalt Mining in DRC Zinc 

All mining products exported from the DRC are down this week on the international market

admin
The general trend of mining products exported from the Democratic Republic of Congo (DRC) is bearish this week over the period from October 24 to 29, 2022. This is reported by the National Commission on Price Lists of the Ministry of Foreign Trade. According to this report, cobalt, which had for several weeks maintained its price above 51,000 USD per ton, should drop slightly this week to 51,260 USD per ton against 51,261.50 USD per ton last week. i.e. a slight drop of around -1.5 USD. On the same market,… Read More Here
 Cobalt has been stabilizing around USD 51,000 per tonne for several weeks 9 Mining in DRC Cobalt 

 Cobalt has been stabilizing around USD 51,000 per tonne for several weeks

admin
The general trend in the prices of the main mining export products is upwards in this week from October 17 to 22, 2022, according to data from the National Mercurial Commission. Cobalt is up this week at $51,261.5 per ton from $51,261.00 per ton the previous week, a positive price differential of $0.5. Similarly, copper shows an upward trend this week at 7,637 USD per tonne against 7,604.30 USD per tonne last week, an increase of around 32.15 USD. Zinc is trading this week up to 3,020.50 USD per ton… Read More Here

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