Demand for cobalt, lithium, nickel and copper could rise sixfold if electric cars reach 8% of road traffic by the mid-2020s, delivering huge dividends for producing countries like the DRC.
BMO believes global cobalt consumption for the EV sector will hit 86,000 tonnes in 2015, down from the 97,000 tonnes previously anticipated.
Opposition candidate Alberto Fernández, the front-runner for October’s presidential election, is thought to be in favour of market control.
An international watchdog's report shows that most of the world’s top battery metals and renewable energy firms have faced allegations of abuse including land rights infringements, corruption and violence over the past 10 years.
CATL buys 8.5% of Australian lithium miner as part of $62m capital raising to fund Pilgangoora expansion.
While Indonesia has an estimated nickel ore reserves of 2.8 billion metric tons, proven stockpiles are only about 600 million to 700 million tonnes.
Global Energy Metals struck an option agreement in January with Nevada Sunrise Gold to acquire 85% of the historic Lovelock cobalt mine and nearby Treasure Box properties.
At some point it won’t make sense anymore to dig for raw materials, because enough batteries are available.
Serbia’s estimated lithium deposits are the largest in Europe.
Consultancy Roskill estimates most new greenfield nickel projects would need prices at $22,000 a tonne or above.