April 20, 2021

Cobalt, nickel battery use rises as electric sports cars gain popularity

EV Metal Index jumps 245% YTD, boosted by rising sales of cars like the Ford Mustang Mach-E and Audi e-tron Quattro with high-nickel, cobalt batteries.

April 20, 2021

Trafigura bets on green-nickel squeeze in defiance of China cure

The world’s worries over sourcing cheap, clean supplies of the metal are far from over.

April 20, 2021

Vale buys Mitsui’s stake in Moatize amid plan to exit coal

Vale is buying the 15% interest in the Mozambican mine held by Japanese trading company for a token fee of $1.

April 19, 2021

Vale production disappoints again, adding fuel to iron ore price rally

Vale’s iron ore output totaled 68 million tonnes in 1Q21, 14.2% higher than in 1Q20, but down 5.5% compared to the 72 million tonnes average analyst estimate.

April 19, 2021

Nornickel improves 2021 production outlook

Its Oktyabrsky mine will resume full production this month after flooding and is already running at 60% capacity.

April 18, 2021

Roadmap for US’ clean transportation future unveiled

Researchers say the production of lithium, cobalt, and graphite must expand dramatically to meet the demand enabled by high levels of electric vehicle manufacturing.

April 16, 2021

The battery-powered future depends on a few crucial metals

Companies and financial firms are now investing over $100 billion a year on energy storage and the electrification of transportation.

April 15, 2021

Ranked: Top 25 nations producing battery metals for the EV supply chain

Although China will likely maintain its dominance for the foreseeable future, other countries are ramping up their mining and refining capacities.

April 15, 2021

Western Europe claims 43% of global investments in battery manufacturing projects — report

Over $21 billion in global investments in 2020 shows the urgency in expanding the global EV battery supply chain, Fitch says.

April 15, 2021

Mining investor TechMet closes second funding round at $120 million

The firm, which controls battery recycler Li-Cycle Corp, has now raised nearly $133 million between its two rounds of funding.