How much could battery recycling actually aid cobalt, lithium supply shortages?
A recent report by IDTechEx estimates that less than 8% of the global cobalt demand and 6% of the lithium demand will be supplied by recycled Li-ion batteries by 2030….
cobalt
Electra partners with Glencore, Talon and Ontario government on battery materials park study
Electra Battery Materials (TSXV: ELBM; US-OTC: ELBMF) is partnering with Glencore (LSE: GLEN), Talon Metals (TSX: TLO) and the Government of Ontario to assess the potential of creating a battery…
USGS publishes 2022 critical minerals list
The US Geological Survey (USGS) has released the final list of 50 critical minerals the domestic economy requires for economic and national security. The new list builds on the initial…
Gates, Bezos-backed firm gets cash injection to find battery metals
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has raised $192.5 million in its latest financing round, which will allow it to speed…
Magna posts feasibility for $233M Shakespeare nickel project; plans JV with Mitsui
Magna Mining (TSXV: NICU) has released a feasibility study outlining a capex of $232.9 million for its Shakespeare nickel project, 60 km southwest of Sudbury, Ont. To help advance the…
Fortune Minerals plans Alberta cobalt refinery
Fortune Minerals (TSX: FT) intends to buy a defunct steel processing plant in Alberta and turn it into a cobalt refinery. The company says the plant, which it will purchase for $5.5 million, will significantly reduce the…
Electra signs recycling, cobalt supply deal with Marubeni
Electra Battery Materials (TSXV: ELBM; US-OTC: ELBMF) has signed a battery recycling and cobalt sulphate supply agreement with Japanese conglomerate Marubeni. The two have signed a memorandum of understanding that…
Key insights from the inaugural Future Minerals Forum in Riyadh
Saudi Arabia is one of the world’s oil powerhouses, boasting the second-largest proven reserve of the slick stuff. Still, as the inaugural Future Minerals Forum recently held in Riyadh heard,…
From EV pickups to sedans, miners can bank on bright future
On January 5, General Motors CEO Mary Barra unveiled the Chevrolet Silverado electric pick-up truck at CES 2022, one of the most influential technology conferences in the world. The full-size…
Talon Metals to supply nickel to Tesla from Tamarack project in Minnesota
Talon Metals (TSX: TLO) has signed a deal with electric vehicle maker Tesla to provide 75,000 tonnes of nickel in concentrate over a six year period from the Tamarack nickel-copper-cobalt…
BHP takes minority stake in privately held Kabanga Nickel
Less than a month after walking away from a bidding war with Wyloo Metals for Noront Resources (TSXV: NOT) and its Ring of Fire nickel assets in Canada, BHP (NYSE:…
Ivanhoe Mines to produce 340,000 tonnes of copper at DRC mine in 2022
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said on January 10 that it expects to produce between 290,000 to 340,000 tonnes of copper in concentrate in 2022 at its Kamoa-Kakula copper…