Category Archives: News

Cobalt: Are You Ready for the Blue Gold Rush?

Cobalt is an amazing commodity that not enough investors or analysts are much interested in. With so many real-world applications, it’s hard not to have a soft spot for the precious blue mineral. Cobalt stocks are just starting to come into their own, powered by the commodity’s use in lithium-ion batteries and driven by its importance in the electric vehicle (EV) market. Historically, cobalt has been overlooked as a choice for precious mineral stocks, … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

Bloomberg: Nickel Is New Headache for Automakers as Cobalt Fears Abate

Graphite also failing to keep up with electric boom: Benchmark Nickel looks set to double by 2022 amid shortage: WoodMac Locking in supplies of key battery raw materials lithium and cobalt has been a headache for electric car manufacturers, but these days it’s the supply of nickel and graphite that’s keeping them up at night. Carmakers bracing for a surge in electric vehicle sales in the early 2020s are increasingly worried about where they’ll … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

Trump Tariff List Targets High-Tech Minerals That US Needs

Given the Trump administration’s stated aim of maintaining its advantage in manufacturing prowess over China, there are some curious inclusions on Wednesday’s list of new tariffs. Among them are rare-earths, an esoteric collection of minerals with strange names (yttrium, praseodymium), high-tech applications and a history of scarcity. They’re used in everything from hybrid vehicles to electronic gadgets and military hardware. China Dependent The U.S. imports most of its rare-earths needs from China China’s grip … Continue reading

Posted in Metal Marketing, Mining, News | Comments Off

Electric vehicle demand will double Nickel price – as soon as 2022

After a gravity-defying run, nickel has now also succumbed to weakness in the industrial metals complex as global trade fears mount, declining to $14,125 per tonne on Monday. The metal, mainly used in stainless steel manufacture, is down 10% or more than $1,600 a tonne from more than three-year highs hit on the LME a month ago. Nickel is still up by 62% compared to its June 2017 lows, mostly on the back of … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

China’s CATL to build its first European EV battery factory in Germany

MUNICH/BERLIN (Reuters) – Chinese battery maker Contemporary Amperex Technology Ltd (300750.SZ) (CATL) will build its first production site in Europe in Germany, agreeing a major contract with BMW (BMWG.DE) to supply lithium-ion batteries. Europe’s lack of its own production capabilities for the cells that power electric cars has prompted warnings that it could leave its car industry exposed and too reliant on others. A contract to build the new plant was signed on Monday … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

BASF Expands 3D Printing Division with Two Acquisitions

Materials manufacturing for the 3D printing industry is no longer for small operations. Increasingly over the past several years, more and more large chemical companies have jumped into the niche additive manufacturing (AM) market. German chemical giant BASF is among those moving to produce materials for AM, and it’s just acquired two smaller companies to instantly expand its 3D printing material portfolio. With the purchase of Advac3D Materials and Setup Performance SAS, BASF New … Continue reading

Posted in 3D Printing, Metal Marketing, Mining, News | Comments Off

India looks to acquire Lithium and Cobalt mines abroad

India is scrambling to acquire lithium and cobalt mines abroad, along with other resources, to ensure that it has access to such strategic minerals, with China having already taken a substantial lead in the race, much in the manner that it has done so in oil and gas. Lithium and cobalt are critical elements in batteries that power mobile phones, laptops and electric vehicles, the centerpiece of future transport solutions. The global race for … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

Scientists create a Vanadium flow battery model

A group of scientists from the Skolkovo Institute of Science and Technology (Skoltech), Lomonosov Moscow State University (MSU) and the Moscow Institute of Physics and Technology (MIPT), led by Skoltech Professor Aldo Bischi, has developed a mathematical model of the electrochemical cell of the vanadium flow battery. The model describes the battery’s dynamic behavior, including the flow of vanadium ions through the cell membrane. The results of the study were published in the journal … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

BHP steps up efforts to sell Nickel West business in Australia

World’s largest miner BHP (ASX, NYSE:BHP) (LON:BLT) is said to have hired Goldman Sachs to assist in the sale of the Western Australia-based Nickel West, four years after giving up on the plan to divest the asset because it could find a suitor to meet price expectations. In 2017, the last time Nickel West was on the block, Glencore offered $200 million for the business, The Australian reports. (subs. needed). But according to Deutsche … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

Modern alchemists are making chemistry greener

Ancient alchemists tried to turn lead and other common metals into gold and platinum. Modern chemists in Paul Chirik’s lab at Princeton are transforming reactions that have depended on environmentally unfriendly precious metals, finding cheaper and greener alternatives to replace platinum, rhodium and other precious metals in drug production and other reactions. They have found a revolutionary approach that uses cobalt and methanol to produce an epilepsy drug that previously required rhodium and dichloromethane, … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off