EU to call for mineral projects, eyes joint purchases
The EU Critical Raw Materials Act is designed to guarantee a supply of lithium, copper and other minerals for green technologies.
The EU Critical Raw Materials Act is designed to guarantee a supply of lithium, copper and other minerals for green technologies.
CMOC said in March that its Tenke and Kisanfu projects in Congo will produce more than 60,000 tons of cobalt this year.
The company is looking to increase its copper production to 150,000 tons a year by 2028 from around 30,000 tons in 2023.
The tariff rate on natural graphite and permanent magnets will increase from zero to 25% in 2026.
Underground energy storage gives end-of-life mine shafts, which otherwise face costly infilling and decommissioning costs, a second life.
There were no immediate reports of disruptions at Chile’s giant copper and lithium operations.
The outlook for rare earths is concerning, with the region unlikely to meet 2030 extraction or processing targets across the entirety of the value chain, Adamas Intelligence warns.
The project, called Electro Mobility Materials Europe (EMME), aims to cover 20-30% of France's nickel and cobalt needs for electric vehicles by 2030.
CBMM sold 600 tons of niobium oxide for batteries in scooters and other small vehicles last year as part of a test project.
Australia’s critical minerals industry is a major part of the government’s push to capitalize on the worldwide green energy revolution.