Glencore hails trading unit outlook, cuts copper guidance
Miner and commodities trader Glencore (LSE: GLEN) touted on Thursday prospects for its trading unit, saying it faces another strong year as Russia’s invasion of Ukraine continues to drive up…
cobalt
Apple, Tesla, Intel could be using conflict minerals due to faulty scheme
Several of the world’s largest companies including Apple, Tesla and Intel may be using conflict minerals from the Democratic Republic of Congo (DRC) in their products as they rely on…
Palladium One reports near 250% increase in indicated resource at LK in Finland
Palladium One Mining (TSXV: PDM; OTC: NKORF) has released a resource update on its 100% owned Läntinen Koillismaa (LK) PGE-copper-nickel project in north-central Finland that increases tonnage in the indicated…
Fortune Minerals confirms continuity of mineralization at NICO deposit
Fortune Minerals (TSX: FT; OTC: FTMDF) has released results from 2021 drilling on its wholly-owned NICO cobalt-gold-bismuth-copper property, including the confirmation of a new mineralized zone. The NICO project consists…
Battery Metals Snapshot: Eight companies developing minerals critical for a low-carbon future
As the world transitions away from fossil fuels to electrified transportation systems and energy networks, new deposits of the minerals required for a low-carbon future will need to be discovered…
Talon Metals expands exploration at nickel project in Minnesota
U.S. miner Talon Metals (TSX: TLO; OTC: TLOFF) said on Wednesday it had bought three more drill rigs to expand exploration at its Tamarack nickel-copper-cobalt project in Minnesota, which already…
Glencore to supply cobalt to GM in multi-year deal
Miner and commodities trader Glencore (LON: GLEN) has inked a multi-year agreement with General Motors (NYSE: GM) to provide the automaker with cobalt from its Murrin Murrin operation in Australia. The…
Glencore to buy recycled nickel and cobalt products from Electra in 2023
Glencore (LSE: GLEN) has agreed to purchase nickel and cobalt products for a year from a battery recycling plant that’s poised to go online in 2023 – Electra Battery Materials’…
Inomin shares rise on nickel, cobalt intercepts at Beaver project in BC
Shares of Inomin Mines (TSXV: MINE) traded at its highest price in the last five years as the company reported new discoveries of nickel, magnesium and chromium at its Beaver…
Wheaton Precious shares drop on earnings miss
The New York-quoted equity of Wheaton Precious Metals Corp. (Nasdaq: WPM: TSX: WPM) fell on Friday after the company overnight reported lower earnings and revenue, missing analyst forecasts for the…
Closure plan approval keeps Electra Battery Materials’ refinery on track for December commissioning
In another important milestone towards its goal of developing a sustainable battery supply chain in North America, Electra Battery Materials (TSXV: ELBM; US-OTC: ELBMF), the company formerly known as First Cobalt,…
In charts: EV metal demand accelerates in the second half of 2021
A 62% jump in passenger electric vehicles (EVs) registrations in the second half of 2021 to 5.84 million units continues to drive an intensifying demand in the battery metals sector,…