A metal once used primarily as a coloring agent in ceramics is now a sought-after commodity for the U.S. military, which wants to add up to $500 million worth of cobalt to defense stockpiles.
Tesla automobile plugged in and charging a Supercharger rapid battery charging station for the electric vehicle company Tesla Motors, in the Silicon Valley town of Mountain View, California, August 24 ...
Electric vehicles (EVs) are a major cornerstone of clean energy. The modern economy is dependent on smartphones. Every smartphone, EV and other rechargeable battery requires the scarce resource of ...
The Copper Belt in the Congo (DRC)—a 250-mile crescent from Kolwezi to northern Zambia—is the source of 10 percent of the world's copper as well as about half of the world's cobalt reserves.
US Strategic Metals (USSM), a private company formerly known as Missouri Cobalt, has received a non-binding Letter of Interest from the Export-Import Bank of the United States (EXIM Bank) for a ...
It had all the makings of a typical VIP ribbon cutting: Government officials, diplomats, light refreshments, an actual ribbon. "We even have scissors!" Joked the host. What wasn't so typical? To get ...
LONDON (Reuters) -Demand for cobalt will rise faster than supply, allowing the market to reduce the 2024 surplus in coming years and swing to a deficit in the early 2030s, the Cobalt Institute said in ...
This article first appeared on GuruFocus. Cobalt's rally is turning into a pressure test for the entire electric-vehicle supply chain. Prices have doubled since February as the Democratic Republic of ...
Johannesburg — If you have a smartphone, laptop, tablet or an electric car, your device is likely making use of the mineral cobalt, which was very likely mined in the Democratic Republic of Congo.
LONDON, March 7 (Reuters) - Soaring supplies of battery material cobalt from the Democratic Republic of Congo will swamp the market creating a surplus and putting prices under more pressure this year ...
Interest in cobalt has increased in recent years due to its use in the lithium-ion batteries used to power electric cars. Global cobalt mine production reached a record high of 230,000 metric tons (MT ...
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