Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up.
Geopolitical turmoil not piercing bullion markets yet – gold in tightest weekly trading range in percentage terms since 2012; in dollar terms since 2007.
The partners in Canada's Gahcho Kué mine, Mountain Province, said the planned acquisition opens up some potential new options for the operation’s future.