Category Archives: Metals

Small #Canadian miners in pole position for #ElectricVehicle battery boon

#Canadian developers of #Cobalt and #Lithium mines stand to benefit from a round of investments from the makers of #ElectricVehicles and the batteries powering them, a potential game-changer for small miners short on money to develop deposits of these critical battery ingredients.

Read more at: https://www.reuters.com/article/us-mining-evbatteries-canada-analysis/small-canadian-miners-in-pole-position-for-electric-vehicle-battery-boon-idUSKBN1E50EB

#SMM Forecast: Battery-grade & Electroplate-grade #NickelSulfate Output in 2018

As per #SMM independent research, in 2017 battery-grade nickel sulfate output reaches 209,800 tons and electroplate-grade output reaches 86,800 tons. In 2018 battery-grade nickel sulfate output is estimated to rise 35% on yearly basis and 5% for electroplate-grade.

 

Rainbow ships first #RareEarths from #Burundi mine

#LSE-listed exploration and development company #Rainbow #RareEarths has exported its first shipment of rare earth concentrate from its Gakara project, in #Burundi, making it #Africa’s only rare earths producer.

Read more at: http://www.miningweekly.com/article/rainbow-ships-first-rare-earths-from-burundi-mine-2017-12-05

#Bloomberg: “No miner is willing to sell a high-volatility metal to a #ElectricCar manufacturer at a fixed price.”- #Friedland

Surging demand for metals like #Copper, #Nickel and #Cobalt for use in #ElectricVehicles promises to overturn the balance of power between mining companies and their customers, according to billionaire investor Robert Friedland.

Read more at: https://www.bloomberg.com/news/articles/2017-11-30/-miner-s-revenge-is-coming-with-electric-cars-friedland-says

#Reuters: #German car makers warned of possible battery materials shortage

China Peking Golf GTE hybrid (picture-alliance/dpa/Z. Haiyan)

The #German car industry risks running short of key raw materials for automotive batteries, hampering a planned boost in the production of #ElectricVehicles (#EVs), #Germany’s largest industry association BDI warned.

Read more at: https://www.reuters.com/article/germany-materials-electromobility/german-car-makers-warned-of-possible-battery-materials-shortage-welt-am-sonntag-idUSL8N1NW0I4

#BMW Joins Race to Secure Cobalt for #ElectricVehicle Batteries

BMW home battery vs Tesla

Sourcing of #Cobalt and other materials is “the most important” question #BMW has to address before it decides whether to produce its own battery cells, board member Oliver Zipse said at a media briefing. Currently BMW assembles, but doesn’t produce its own battery cells.

Read more at: https://www.bloomberg.com/news/articles/2017-11-24/bmw-joins-race-to-secure-cobalt-for-electric-vehicle-batteries

#Australia is the new frontier for battery minerals

#Australia is blessed with the stuff. For more than a quarter of a century it has not had a recession, thanks largely to #Chinese demand for its raw materials. It is only a few years since the end of one such China-led boom, in base metals such as iron ore. A new speculative flurry has started in minerals such as #Lithium, #Cobalt and #Nickel to feed another #China-related craze—making batteries for #lectricVehicles (#EVs).

Read more at: https://www.economist.com/news/business/21731676-chinas-electric-vehicle-industry-piling-are-speculators-australia-new-frontier

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