Battery Metals Top Stories

Graphic: Prices tumble for cobalt used for electric vehicle batteries

Prices have plummeted due to an upsurge of supplies from Congo.

Reuters | September 25, 2023 | 6:58 am

Gates, Bezos-backed KoBold Metals to build copper mine in Zambia within 10 years

The California-based firm is spending about $150 million to speed…

Cecilia Jamasmie | September 25, 2023 | 5:59 am

Sumitomo Metal bets on Canadian battery materials firm Nano One

Through a C$16.9 million ($12.5m) investment, the Japanese giant will…

Cecilia Jamasmie | September 25, 2023 | 3:36 am

Asian Battery Minerals enrolls hi-tech mineral resource locator to explore nickel deposit in Mongolia

Asian Battery Minerals and Getech just completed a successful round…

Staff Writer | September 24, 2023 | 11:07 am

LG Chem with Huayou to make battery materials in Indonesia, Morocco

The plant, set to start production in 2026, aims to…

Reuters | September 23, 2023 | 8:53 pm

Lygend raises $470 million in Hong Kong IPO, sources say

Lygend’s listing kicks off what’s expected to be a busy end to the year for IPOs in the Asian financial hub.

Bloomberg News | November 24, 2022 | 7:17 am

Codelco sees copper deficit at 8 million tonnes by 2032

While a surplus is expected in the short term due to new projects coming online, medium to long-term demand will offset supply further.

Cecilia Jamasmie | November 24, 2022 | 6:59 am

Graphite poised to do a lithium

Carmakers “are waking up” to often overlooked anode material accounting for nearly half the mass of battery cells by inking upstream deals.

Frik Els | November 23, 2022 | 11:42 am

Trudeau faces tough choices in countering US green incentives

Industries from automobile manufacturing to oil and gas production are warning that Canada must invest more to match its largest trading partner.

Bloomberg News | November 23, 2022 | 8:02 am

Key-man risk is back as China probe puts $7 billion wealth at risk

A police probe into the billionaire siblings behind a fast-growing Chinese battery company has put a fresh spotlight on governance risks in the country.

Bloomberg News | November 23, 2022 | 7:53 am

Chill on China investment creates ‘gap’ for Canada miners, lithium CEO says

The government’s move to limit investment from state-owned entities into Canada’s critical minerals resources is causing stress in the mining industry, says Frontier Lithium CEO Trevor Walker.

Bloomberg News | November 22, 2022 | 1:04 pm

Mazda unveils $11bn EV spending plan, considers investing in battery production

The company also raised its sales target for electric vehicles (EVs) to up to 40% of its total global sales by 2030.

Reuters | November 22, 2022 | 6:57 am

Goldman Sachs says US, Europe could end reliance on Chinese EV batteries by 2030

Countries competing with China would need to spend $78.2 billion on batteries, $60.4 billion on components and $13.5 billion on mining.

Reuters | November 22, 2022 | 6:30 am

Sigma Lithium to wrap up first phase of $5.1bn Brazil project next month

First phase commercial production at Sigma's Grota do Cirilo lithium hard rock project is expected in April 2023.

Cecilia Jamasmie | November 22, 2022 | 3:50 am

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