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…
cobalt
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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,…
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…