RioZim expects demand bounce after virus turmoil

“We’ve been intensively focusing on how to manage future cobalt supply for a year now. Before, it wasn’t clear just how quickly demand will accelerate.”

Australia, home to world's second-biggest cobalt reserves, is seeing rush of interest in projects from makers of the batteries used in electric vehicles.

"The lower number of carats tendered and sold is attributable to a reduction in the volume of material being processed," the company revealed.

Sibanye said it would cut a third of Lonmin's employees and deliver savings of about $112 million a year by 2021.

Sula Iron and Gold plans to change name to African Battery Metals, reflecting a shift in focus after buying controlling stake in cobalt license stake in DRC.

Concerns about the sourcing of Yantai’s metal have reduced interest in the LME’s cobalt contract, trading sources said.

East Africa Metals submitted two mining licence applications for sites located in the Tigray National Regional State, Ethiopia.

Glencore's Toronto-listed Katanga Mining subsidiary set to produce nearly a third of world's cobalt, as prices of battery metal more than doubles.

Monday, mining companies in the DRC said that proposed changes to mining code adopted by lower house of parliament would do lasting damage to investment.