China, the leading holder of international deep sea exploration licences, increases its lead in the race for alternative sources of battery minerals by taking samples from cobalt-bearing mountains deep in the Pacific.
Disruptions to cobalt supplies in the DRC are not expected to eradicate a glut of the material used to make batteries for electric vehicles, thwarting hopes that prices can be boosted from their lowest since March last year.
Pricing may become more nuanced as Waymo collects more data from the commercial program, once it figures out how to charge for in-ride entertainment and advertising, analysts expect base fares to drop.
Tamarack North nickel-copper-cobalt project in Minnesota is expected to produce 23.3 million lb. nickel and 11.1 million lb. copper per year over a 7 year mine life.
