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Apple turns to miners to lock in Cobalt supplies: Bloomberg

LONDON (Reuters) – Apple Inc (AAPL.O) is talking to major cobalt producers to secure supplies of the material vital for the lithium-ion rechargeable batteries that power its mobile phones, three cobalt industry sources said. LONDON (Reuters) – Apple Inc (AAPL.O) is talking to major cobalt producers to secure supplies of the material vital for the lithium-ion rechargeable batteries that power its mobile phones, three cobalt industry sources said. pple declined to comment. Locking in … Continue reading

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BMW mining deals imminent as Cobalt price powers on – report

Copper and base metals markets are having terrible week, but the rally in the price of cobalt shows no signs of fizzling out. The metal quoted on the LME rose to a fresh 9-year peak of $81,500 a tonne yesterday, a 147% surge since the beginning of 2017. Lithium carbonate prices began its run up two years ago, going from $6,100 per tonne to average $23,350 so far this year on hopes of a … Continue reading

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Antibacterial applications of Graphene oxides

Bacterial infections are among the greatest threats to human health. However, due to the increasing spread of multidrug-resistant bacteria, the current antibiotic supply appears to be insufficient, thereby necessitating the exploration of novel antibacterial agents. Nano-antibacterial agents represent a new strategy for bacterial treatment. Compared with antibiotics, nano-antibacterial agents have two advantages: (1) broad-spectrum bactericidal effects against Gram-positive and Gram-negative bacteria and (2) long-lasting bactericidal effects due to their extraordinary stability. Significant differences exist … Continue reading

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Volt applies for its mining permits in Tanzania

JOHANNESBURG (miningweekly.com) – Tanzania-focused flake graphite development company Volt Resources has lodged its mining licence applications for the Bunyu graphite project. The applications cover both the Stage 1 development, where an estimated 400 000 t/y of ore will be processed producing a nominal 20 000 t/y of graphite products, and the Stage 2 expansion, which will be based on the prefeasibility study metrics of 3.8-million tonnes a year of ore to produce 170 000 … Continue reading

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Southeast Asian Nickel ore producers may miss the boat on EV demand

Two key Southeast Asian nickel ore producers that shaped the market in recent years — the Philippines and Indonesia — are poorly placed to take advantage of a boom in battery demand from the growing electric vehicles market. Their predicament stems from the lack of technology and investment needed to produce Class 1 battery-grade nickel sulphate — a direct outcome of the regulatory policies enforced by the two countries in recent years. Two years … Continue reading

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Private capital favours investing in Copper over Gold for first time

Gold projects are no longer the favourite destination of private capital raised for investment in the mining sector as optimism about electric vehicle demand steer funds into battery metals. Private-equity deals in the mining industry bounced back in 2017 according to a new report by UK law firm Berwin Leighton Paisner with investment in the sector jumping by more than 30% to $2.3 billion. Copper overtook gold as the most attractive commodity in 2017, … Continue reading

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Congo Seeks More Control of the Cobalt Market

‘We legitimately want to control the cobalt market,’ Yuma says Congo accounts for about two-thirds of global cobalt supply The Democratic Republic of Congo will seek greater control of the global cobalt market by engaging directly with car and battery manufacturers, according to its largest state-owned mining company. “I find it scandalous that when cobalt is discussed, and the explosion of electric vehicles, only the traders and consumers are referenced and Congo and Gecamines … Continue reading

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Best-Performing Battery Metal of the Past Year Isn’t Cobalt – Vanadium

Vanadium is rocketing during a buying spree in China Grid-scale batteries for renewables could drive further gains A metal that’s in demand for batteries is surging, and it’s not the one everyone’s talking about. Vanadium has soared more than 130 percent in the past year, outperforming better-known battery components like cobalt, lithium and nickel. It’s an obscure metal, silvery-blue in color and named for Vanadis, the Nordic goddess of beauty. What’s driving prices is … Continue reading

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BASF Aims to Muscle Itself Onto Battery Materials’ Top Table

German company says Europe will be the next high-growth region Other plants may follow existing EU400 million Europe project BASF SE is prepared to dig deep, pouring money and expertise into developing materials for electric-vehicle batteries to catch up with rivals like Tesla Inc. supplier Sumitomo Metals & Mining Co. The world’s No. 1 chemical maker is adding to its expansion plans in Europe, which is emerging as the next high-growth region for batteries, … Continue reading

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Top China Nickel Producer Joins BHP in Prepping for EV Boom

Jinchuan to lift supply of nickel sulphate by 40% this year Demand for the metal in vehicle batteries set to surge: BNEF China’s top nickel supplier aims to boost output of a material used in car batteries by 40 percent this year, joining the ranks of global producers ramping up operations to meet demand from electric vehicles. Jinchuan Group Co. expects to raise production of nickel sulphate to 70,000 metric tons from 50,000 tons … Continue reading

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