BHP sees limited impact on steel market from US new tariffs -exec
"I think direct impact on steel is quite marginal because the United States is not such a big steel producer," said Arnoud Balhuizen.
"I think direct impact on steel is quite marginal because the United States is not such a big steel producer," said Arnoud Balhuizen.
The German luxury vehicle maker said mass production of EVs is not viable until 2020 when its proprietary electric drive technology is expected to be profitable enough.
Glencore CEO flags China-Congo-cobalt nexus, responsible for 80% of global cobalt chemical production, a crucial ingredient of electric vehicle batteries.
"Significant surpluses" from next year to decimate prices says second bearish report on electric vehicle battery materials.
RioZim Ltd., a Zimbabwean diamond, nickel and gold miner, wants to more than double output of gemstones at its Murowa mine.
The world’s biggest producer of cobalt has agreed to sell around a third of its cobalt production over the next three years to the Chinese battery recycler.
Chile development agency Corfo has asked antitrust regulators to block the sale of a 32 percent stake in Chilean lithium company SQM to a Chinese firm on the grounds it would give it an unfair advantage in the global race to secure resources to develop electric vehicles.
Sherritt shares were up 2.5 percent at 10:30 a.m. in Toronto.
The exchange is instead looking at offering a cash-settled cobalt metal contract.