Glencore CEO Ivan Glasenberg said on Friday that the company is in talks with carmakers and battery makers about potential nickel supply and confirmed that the commodities giant will run down its coal assets and not replace them. Nickel is set to take on greater strategic...
Jervois Mining will buy a nickel and cobalt refinery in Brazil, as the Australian exploration firm looks to transform itself into a producer and refiner of battery metals for the electric vehicle (EV) sector. The US$22.1 million deal will give Jervois access to the São Miguel...
Critical Metals has today listed on the Main Market of the London Stock Exchange after the IPO was delayed by 12 months due to political uncertainty in the UK in 2019 and the COVID-19 pandemic this year. The junior explorer listed in London after an £800,000...
Vale is set to place its Goro nickel and cobalt mine in New Caledonia on care and maintenance after Australian miner New Century Resources failed to submit a binding offer for the operation. After the exclusivity period that the companies entered into in May lapsed on...
Vale has entered into a 60-day exclusivity period with Australian zinc miner New Century Resources after the latter announced it was in talks with the Brazilian miner to buy its nickel and cobalt operations on the Pacific island of New Caledonia. Subject to successful due diligence...
New research published this week has claimed that undersea mining poses fewer environmental and social challenges than the traditional extraction of minerals on land. The study published this week and funded by Canada’s DeepGreen Metals - a start-up planning to extract cobalt and other battery metals...
Glencore has announced it will halt production at a major cobalt mine in the Democratic Republic of Congo (DRC) after the commodities giant reported its weakest profits in three years for the first half of 2019. The decision to shutter the Mutanda project for two years...
At least 41 artisanal miners were killed on Thursday when part of a Glencore-owned copper-cobalt mine in Democratic Republic of Congo (DRC) collapsed. The incident occurred in the KOV open pit mine at the Kamoto Copper Company (KCC) concession in Southeast DRC. Glencore’s subsidiary Katanga Mining...
BMW has created a pilot project that will attempt to improve conditions for mining cobalt in the Democratic Republic of Congo, as the electric vehicle (EV) market continues to grow. The German firm and other car manufacturers are struggling to get access to ethically sourced cobalt,...
Chinese companies will lead the ongoing rebound of mergers and acquisitions (M&A) in the global mining sector in 2019, according to delegates at the China Mining conference in Tianjin. M&A activity in mining powerhouse Canada reached a seven-year high in the third quarter of 2018, boosted...