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    • DRC must formalize artisanal cobalt, kick-start buying, report says
      A new white paper has called on the government of the Democratic Republic of Congo (DRC) to formalize artisanal mining (ASM) of cobalt and has criticized the delayed inauguration of a new entity responsible for purchasing all ASM-produced material
      February 9, 2023
       · 
      By Andrea Hotter
      Insights
    • close up of a rechargeable battery pack
      Livista Energy and CAA Mining team up to create a lithium processing facility in Ghana
      Africa’s downstream lithium processing capabilities could be getting a boost from a collaboration between Livista Energy and CAA Mining in Ghana, Livista said on Monday February 6
      February 8, 2023
       · 
      By the Fastmarkets team
      Insights
    • Repair power bank, high current 18650 lithium-ion batteries
      Recycled metals to help feed India’s lithium battery boom by 2026: MRAI Conference
      India will be able to benefit from a supply of its own locally-recycled battery raw materials (BRMs) to feed its nascent lithium battery-producing industry within the next three years.
      February 7, 2023
       · 
      By Lee Allen
      Insights
    • China’s cobalt metal prices increase on futures strength
      China’s cobalt metal prices rose in the second half of the week to Friday February 3 due to the strength in local futures prices, but market sentiment remained bearish due to sustained weak demand, sources told Fastmarkets
      February 6, 2023
       · 
      By Zihao Li
      Insights
    • Glencore reports 40% cobalt output increase in 2022
      Glencore achieved a 40% year-on-year increase in cobalt output during 2022 to a total of 43,800 tonnes, the company said in its annual production report published on Wednesday February 1
      February 2, 2023
       · 
      By the Fastmarkets team, Alexander Cook, Sayaka Kurata
      Insights
    • GM deal the poster child for the US’ Inflation Reduction Act | Hotter on metals
      General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
      February 1, 2023
       · 
      By Andrea Hotter
      Insights
    • Jervois delays ramp-up to capacity at US cobalt mine to Q2
      Australia-based cobalt and nickel supplier Jervois Global has delayed the start of commercial production of cobalt concentrate at its mine in the US state of Idaho, it said in a quarterly update on Monday January 30
      February 1, 2023
       · 
      By Alexander Cook
      Insights
    • Future of UK EV battery production hangs in balance following Britishvolt collapse
      The recent collapse of hopeful UK electric vehicle battery manufacturer Britishvolt has left the future of both the domestic battery and car industries shrouded with doubt
      February 1, 2023
       · 
      By Alexandra Chapman
      Insights
    • car production line with unfinished cars in a row
      Partnerships are secret to rapid realization of Northern Graphite plans, CEO says
      Northern Graphite plans to fast-track the growth of its huge battery anode material (BAM) project in North America through partnerships and by keeping costs low, chief executive officer Hugues Jacquemin has told Fastmarkets
      January 30, 2023
       · 
      By Jon Stibbs
      Insights
    • Tesla expects rising credits while IRA drives investment
      Tesla expects tax credits from the US Inflation Reduction Act (IRA) to be worth $150-250 million per quarter this year to the automaker and increase through the year as its car volumes grow, according to the company’s chief financial officer
      January 27, 2023
       · 
      By Andrea Hotter
      Insights
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