Cobalt Top Stories

Mining industry needs $2.1 trillion in new investments by 2050 — BloombergNEF

The report highlights that critical energy transition metals could face supply deficits this decade — some as early as this year.

Staff Writer | October 3, 2024 | 9:24 am

Glencore-Congo mine row tied to sanctioned ex-partner Gertler

Dan Gertler was sanctioned by the US in 2017 over alleged…

Bloomberg News | October 3, 2024 | 6:48 am

Power Nickel hits “biggest intersection yet” at Quebec project

The goal is to determine the potential of its NISK…

Staff Writer | October 3, 2024 | 6:31 am

Canada Nickel files Crawford project’s federal impact statement

Submission of the document, which it expects to complete within…

Cecilia Jamasmie | October 3, 2024 | 5:02 am

Lack of capital rises to top risk in EY mining survey

Mining companies are seeking a wider range of capital sources,…

Blair McBride - The Northern Miner | October 2, 2024 | 7:26 am

Inside China’s bid to build sway over global metals pricing

China is locking in steps to shape the pricing of the vast quantities of industrial metals it produces and consumes, with moves to attract foreign firms to trade on Shanghai's futures exchange.

Reuters | October 14, 2024 | 12:25 am

Rio Takes step toward M&A redemption with $6.7 billion lithium bet

Modest by comparison with past splurges, the all-cash deal is a significant and long-awaited expansion of Rio’s bet on lithium.

Bloomberg News | October 12, 2024 | 10:22 am

Rio Tinto’s real prize: Arcadium’s lithium extraction technology

Arcadium, through a predecessor company, was the first to develop an early version of a DLE technology in the 1990s.

Reuters | October 11, 2024 | 10:54 am

Copper prices to hit record high in Q4 2024 on Fed cuts and China stimulus – Fastmarkets

Analysts expect prices around $10,265 per tonne in the last quarter of the year.

Staff Writer | October 11, 2024 | 9:45 am

Savannah CEO sees lithium price rebound by start of Portugal project

Savannah expects to bring the Barroso project onstream as early as possible in 2027.

Reuters | October 11, 2024 | 9:16 am

Patriot Lithium expands into copper with Zambia project

Patriot believes the Katwaro project will complement its lithium assets and provide jurisdictional diversity.

Cecilia Jamasmie | October 11, 2024 | 5:50 am

Northvolt says it will be able to pay its upcoming taxes

Cash-strapped Northvolt announced in September that it would slim down and cut jobs.

Reuters | October 10, 2024 | 12:41 pm

Teck CEO says Canada must spend more to erode China’s critical minerals dominance

Price noted that Canada has committed $4 billion over eight years to support critical mineral development, compared to $20 billion that China invested in 2023.

Bloomberg News | October 10, 2024 | 11:45 am

Mining stocks may drop 20% if US tariffs imposed – JPMorgan

The bank cited tariffs as a key factor behind the sector's more than 10% drop in 2017-2018 during the Trump administration.

Staff Writer | October 10, 2024 | 9:58 am

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