Monthly Archives: March 2018

Battery makers descend on Australia, Canada Cobalt developers

By Melanie Burton and Nicole Mordant MELBOURNE/VANCOUVER March 19 (Reuters) – Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up. Mine developers say interest from Japanese and Korean firms is particularly strong as they compete with rivals from China, which has built deep supply chain ties with the Democratic … Continue reading

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Graphene oxide nanosheets could help bring Lithium-metal batteries to market

Lithium-metal batteries—which can hold up to 10 times more charge than the lithium-ion batteries that currently power our phones, laptops and cars—haven’t been commercialized because of a fatal flaw: as these batteries charge and discharge, lithium is deposited unevenly on the electrodes. This buildup cuts the lives of these batteries too short to make them viable, and more importantly, can cause the batteries to short-circuit and catch fire. Now, researchers at the University of … Continue reading

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Samsung in Talks for Multi-Year Cobalt Deal From Congo

Samsung C&T has approached Somika to secure cobalt supplies Cobalt prices have more than tripled since the start of 2016 Samsung C&T Corp., an affiliate of the world’s biggest smartphone maker, is in talks for a multi-year deal to buy cobalt from a Congolese miner, joining Apple Inc. in the global rush to secure supplies of the metal at the heart of the electric-car boom. Samsung C&T has approached Somika SPRL to buy cobalt … Continue reading

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UK firm pilots using blockchain to help BMW source ethical Cobalt

The competition is intensifying to use blockchain, the technology that underpins cryptocurrencies such as Bitcoin, to try to eliminate battery minerals produced by child labor. Cobalt is in focus because around two thirds of the world’s supplies are from Democratic Republic of Congo, where roughly one fifth of cobalt is mined in unregulated artisanal mines. One organization has begun a project to work with the artisanal miners to use blockchain to prove they are … Continue reading

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Bloomberg: The Russian Oligarchs’ Feud That Will Affect Electric Cars

Russian billionaires are feuding over control of a giant natural-resource business that dates back to the Soviet era. So far, so Russia. What makes the battle for MMC Norilsk Nickel PJSC more important than typical business maneuvering is that it will affect development of one of the largest deposits of nickel and cobalt, which are used in batteries for goods including iPads and Tesla cars. 1. Who is feuding? Vladimir Potanin and Oleg Deripaska, … Continue reading

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Forbes: Graphene And Nickel Atoms To Convert CO2 Into Usable Energy

Carbon Dioxide or CO2 is pretty much everywhere. Every time we breathe out we make more of it and every day when we drive out cars we create even more. If we were somehow able to convert CO2 into stable energy then a lot of the world’s energy problems could be solved. Well, the fact is we are capable of doing just that and we have been for a long time. We can turn … Continue reading

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World needs at least 50,000 tonnes more Lithium per year

SANTIAGO, March 1 (Reuters) – The chief executive of Chilean mining company SQM said on Thursday global markets will need at least 50,000 tonnes of lithium per year of additional supplies in coming years. SQM’s Patricio de Solminihac said in an earnings call he expects world lithium demand will continue to be strong with an estimated growth of 80 percent annually in the next five years. (Reporting by Cassandra Garrison Editing by Susan Thomas) … Continue reading

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