A look at why and how investors should look for profits in the growing global battery sector.
Katanga Mining Limited (TSX: KAT) (“Katanga” or the “Company”) today announces that it has successfully completed the hot commissioning of the core of the first train of its new whole ore leach (“WOL”) processing facility at its subsidiary Kamoto Copper Company’s (“KCC”) copper and cobalt mine in Lualaba Province, DRC.
What happened in the cobalt market this year? Here’s a look at the major cobalt trends in 2017, from responsible sourcing to electric vehicle demand.
Global Energy Metals CEO Mitchell Smith discusses the state of the cobalt market and what his company has done to stand out among its peers.
Last week’s other top-gaining stocks on the TSX were Nighthawk Gold, Katanga Mining, Avesoro Resources and eCobalt Solutions.
Canadian miner Ivanhoe Mines has released an updated preliminary economic assessment for the development of the Kakula discovery.
The London Metal Exchange has launched an investigation over fears that cobalt traded on its exchange could be linked to human right abuses.
Amnesty International warns in its latest report that companies like Tesla are failing to tackle human right abuses in their cobalt supply chains.
According to the DRC’s central bank, production of both metals, along with gold, increased in the first nine months of the year.
The “electric revolution” is coming to the $1.8-trillion auto industry, and new battery recycling technology is needed to support the market.
Ivanhoe Mines (TSX:IVN) (OTCQX:IVPAF) Executive Chairman Robert Friedland and Chief Executive Officer Lars-Eric Johansson announced today that the company has agreed to rebuild 34 kilometres of track to connect the Kipushi Mine with the DRC national railway at Munama, south of the mining capital of Lubumbashi.
As quoted in the press release:
“A daily train from Kipushi will
Last week’s top-gaining stocks on the TSX were Nemaska Lithium, Katanga Mining, Polymet Mining, NGEx Resources and Copper Mountain Mining Corporation.