CMOC sets cobalt production record in 2024
China’s CMOC Group produced a record cobalt volume in 2024, driven by the rapid ramp-up of its African mines. The world’s No. 1 cobalt miner announced Monday it produced 114,165…
cobalt
Sole US cobalt mine intends to go private after running out of cash
Jervois Global (TSXV: JRV; ASX: JRV), owner of the United States’ only cobalt mine, has paused mining, entered bankruptcy proceedings and plans to go private by the end of April. The…
Gates, Bezos-backed KoBold Metals raises US$537M in race for critical minerals
KoBold Metals has raised US$537 million in its latest funding round as it seeks to become a key player in critical minerals needed for the energy transition. Supported by investors such…
Supply shortage looms for critical battery raw materials by 2030: McKinsey
Vehicle and battery makers are “likely to confront persistent long-term challenges” in keeping up with demand by the end of the decade, according to a new report by McKinsey &…
London Symposium JV Video: Renewed industry push sees Ontario mines power up
Ontario is modernizing its Mining Act to meet business needs, mines minister George Pirie said at a recent London conference. This year, Iamgold (TSX: IMG; NYSE: IAG) began the $3…
Adamas EV metals data show varying demand
METHODOLOGY: To produce the most accurate and granular results, Adamas Intelligence analysis is based on retail end-user EV registrations covering more than 110 countries, and over 180 automakers and nearly…
Canada to impose new tariffs on China
Canada is to slap more tariffs on a range of imports from China early next year “to combat unfair Chinese trade practices,” the federal government said Monday in its 2024…
China leads world in energy transition, Wood Mackenzie says
The world’s second-largest economy leads the energy transition and is on track to source half of its power from low-carbon energy including hydro, solar, wind, nuclear and energy storage by…
London Symposium: ‘Mining must move at the pace of business, not bureaucracy,’ Ontario’s Pirie says
Ontario’s bid to lead in the critical minerals boom in Canada is fuelled with funding increases and deregulation goals in a new mining code. Yet the province must still widen…
Ontario pension backs US$100M funding for tech firm spotting deposits from space
Australia’s Fleet Space Technologies announced Wednesday it raised US$100 million led by the investment arm of the Ontario Teachers’ Pension Plan to expand its ExoSphere exploration platform. The Teachers’ Venture…
Energy Fuels MOU with Madagascar unlocks path for US$2B Toliara project
Energy Fuels (TSX: EFR; NYSE: UUUU) has an initial agreement with Madagascar clearing the way for a final investment decision on its US$2-billion Toliara critical minerals project by early 2026. …
Canada Nickel hits high grades at Bannockburn site south of main Crawford project
Canada Nickel (TSXV: CNC: US-OTC: CNIKF) has drilled high grades of the critical metal at the company’s Bannockburn property, about 65 km south of Timmins, Ont. Highlight hole BAN24-20 cut…