Trafigura gets $600m from Africa’s TDB for Congo cobalt mines
Funding will enable Trafigura to complete Congo miner Chemaf's new mechanized mine at Mutoshi, processing plant in Kolwezi, and the expansion of its Etoile mine.
Construction of a solar project is expected to begin in the second quarter of 2021 and will generate over 20% of the mine's average electricity consumption.
Albemarle Corp, the world's largest producer of lithium, posted a quarterly profit on Wednesday that easily beat Wall Street's expectations on rising demand from the electric vehicle industry.
The administration is "trying to find the balance between preserving a pristine area, and at the same time looking for ways in which job growth," Agriculture Secretary Tom Vilsack says.