Cobalt price: Supply scramble heats up with Canadian deal
Cobalt 27, RNC Minerals shares pop after inking $70m deal on world's largest undeveloped cobalt, nickel sulphide deposit.
Cobalt 27, RNC Minerals shares pop after inking $70m deal on world's largest undeveloped cobalt, nickel sulphide deposit.
The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise.
Eramet is actively looking at acquisition targets after previously acquiring a lithium deposit in Argentina.
The sale will close a chapter at the world's second largest aluminium producer.
Australian Mines said the agreement included an option for SK Innovation to buy up to 19.9% of its ordinary shares.
New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."
Base metals should continue to do well in 2018 along with the US steel industry, though American coal will continue to lose ground to natural gas.
A whopping two-thirds of MINING.com readers say battery-technology metals will perform better than precious or base metals this year.
During the research project, rare-earth-element ("REE") solutions will be prepared at the facilities of Ontario-based Process Research Ortech Inc.
Three billionaires faced off in London court on Friday in a conflict triggered by Roman Abramovich’s desire to sell his stake in MMC Norilsk Nickel PJSC.