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China is winning Electric Cars ‘arms race’

As demand for the vehicles surges, Chinese companies have been doing deals around the world to secure supplies of lithium, a silvery-white metal mined from rocks in Australia and brine pools in South America. China is the top market for electric and hybrid cars, accounting for roughly half of global sales, and the government is pushing the development of the industry within its borders. That calls for a lot of lithium, a key component … Continue reading

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Burundi : Vers l’octroi de permis de recherche du nickel à une société canadienne

Le Burundi examine les possibilités d’octroyer trois permis de recherche du nickel à une société canadienne Le gouvernement du Burundi a entamé mercredi l’examen des possibilités d’octroyer trois permis de recherche du nickel à une société canadienne enregistrée au Burundi. Selon un communiqué publié mercredi par le conseil des ministres, c’est la société CVMR Energy Metals Burundi SURL qui serait bénéficiaire de ces octrois pour le nickel et les minerais associés et opérerait sur … Continue reading

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China urged to ease reliance on DRC for Cobalt

GUANGZHOU, China (Reuters) – China is depending too much on the Democratic Republic of Congo (DRC) for cobalt, a crucial component in electric vehicle (EV) batteries, and should take steps to ensure security of supply, delegates said at an industry conference on Tuesday. China, the world’s top cobalt consumer, is “over-reliant” on the African country, which accounts for around half of global cobalt supplies, said Wu Lijue, chairman of Guangdong Jiana Energy Technology Co, … Continue reading

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Australia’s Nickel industry is at a ‘natural turning point’

Lithium and cobalt have ridden the battery technology boom and now it could be nickel’s turn for an electric vehicle-related lift. The price of nickel rose as much as 6 per cent overnight to $US13,030 a metric tonne in London, capping off its biggest two-day advance in five years. Shares in ASX-lised Western Areas opened strongly on Thursday, rising 3.2 per cent in morning trading, while main rival Independence Group traded 2.9 per cent … Continue reading

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One Metal Will Be Transformed by the Electric Car Boom

Glencore PLC and Trafigura Group Pte. Ltd. are often at loggerheads, but there is one thing they agree on: The nickel market will be transformed by the rise of electric cars. Nickel sulphate, a key ingredient in lithium-ion batteries, will see demand increase 50 per cent to 3 million metric tons by 2030, Saad Rahim, chief economist at Trafigura, said in an interview. While other battery metals such as cobalt and lithium have more … Continue reading

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The Canadian ghost town that Tesla is bringing back to life

Renewed demand for cobalt, the metal, is breathing new life into Cobalt, the town. Ironically, Cobalt, Ontario—population 1,100—was built on silver. Remnants of a boom that transformed the town more than a century ago are everywhere. A mine headframe still protrudes from the roof of the bookstore, which was previously a grocery. The butcher used to toss unwanted bones down an abandoned 350-foot shaft in the middle of the shop floor and keep meat … Continue reading

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Nickel the latest metal to feel the Electric Vehicle buzz

LONDON, Oct 25 (Reuters) – First it was lithium. Then it was cobalt. And now it is nickel’s turn in the electric vehicle spotlight. Nickel is just as important as the other two metals in manufacturing the batteries that will power the green technology revolution. It is used in both currently dominant lithium battery configurations, nickel-cobalt-manganese and nickel-cobalt-aluminium. Indeed, it may increase its material share against cobalt, a metal that is posing all sorts … Continue reading

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Mad Scramble for Lithium Stretches From Congo to Cornwall

For evidence of just how hot battery ingredient lithium is right now, look no further than Australia’s AVZ Minerals Ltd. A penny stock until a few months ago, the mining hopeful has surged about 1,300 percent this year. The proposition: recasting a remote, century-old tin mine in the Democratic Republic of Congo as a supplier of lithium needed to power electric cars. While its rise has been dramatic, AVZ isn’t alone in the rush … Continue reading

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Massive Graphite Shortage Looms Over ElectricCar Future

Our rapidly evolving energy future – packed with electric vehicles, massive energy storage solutions and nanotechnology requires more tech-grade graphite than it does lithium and cobalt. If shortages for lithium and cobalt are looming large, shortages of graphite are even scarier. The United States is the biggest consumer, and it doesn’t even produce any tech-grade graphite. Companies in focus include: Cameco Corp. (NYSE: CCJ), Pretium Resources, Inc. (NYSE: PVG), Turquoise Hill Resources Ltd. (NYSE: … Continue reading

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The Cobalt Cliff Will Cap Tesla’s Model 3 Production Capacity At 250,000 Units Per Year

Summary From a geopolitical perspective, there are two classes of cobalt supplies; metal refined in China that’s unavailable to non-Chinese customers and metal refined outside China that’s available to anyone. From an economic perspective, there are two classes of cobalt users – industrial users that represent half of global demand and battery manufacturers that scarf the leftovers. From a battery manufacturing perspective, there are two end-use segments – high-value consumer products and low-value transportation … Continue reading

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