DRC to slap export quotas on cobalt
The Democratic Republic of Congo (DRC), the world’s largest cobalt producer accounting for three-quarters of output, plans to place export quotas on the battery metal after setting a four-month ban…
cobalt
China boosts exploration funding: Financial Times
China is boosting state support for domestic mineral exploration in an effort to secure dominance in the resource sector amid rising competition from Western rivals, the Financial Times reported on…
Poilievre vows 6-month Ring of Fire OK
Canadian opposition leader Pierre Poilievre says he would give federal approval for the contentious Ring of Fire development in northern Ontario within months if he takes power after an imminent…
Barrick fined for excess cobalt in BC river
Barrick Gold (NYSE: GOLD; TSX: ABX) has been hit with a $114,750 fine for its repeated, excessive discharge of toxic materials from the now-decommissioned Nickel Plate gold mine near Hedley,…
Tariffs, uncertainty, driving nations to tighten grip on critical minerals
Verisk Maplecroft’s Resource Nationalism Index shows a record risk increase in 47 countries since 2020.
Trump keen to build metals plants on US bases: Reuters
U.S. President Donald Trump is looking to build metals refining facilities on military bases in a bid to increase domestic production of critical minerals, Reuters reported, citing two unidentified senior…
US-backed TechMet eyes Ukraine lithium asset
Mining investment firm TechMet, which counts the U.S. government as one of its largest investors, is looking to develop a major lithium project in central Ukraine. The company has been…
US open to DRC minerals deal: reports
The United States is open to talks with Democratic Republic of Congo (DRC) over a deal that would give it access to the African nation’s critical minerals in exchange for…
Video: China fuels EV battery boom as per-unit capacity nears peak, Adamas says
Electric vehicle battery capacity could hit a record one terawatt-hour this year, according to Frik Els, a battery metals expert at Adamas Intelligence. Analysts expect China to use 60% of…
PDAC: Seafloor mining balances pros and cons
Commercial production of undersea mining could become a reality in less than five years, but at a potentially high cost to seafloor ecosystems, panellists told the Prospectors & Developers Association…
Q&A: The Metals Co. plunges into the deep
You may have heard of the Clarion-Clipperton Zone in the Pacific Ocean. It’s a stretch of area from Hawaii to Mexico, which has been targeted by the deep-sea mining sector….
DRC export ban fails to rocket cobalt
The cobalt market was mixed this week after the Democratic Republic of Congo, the world’s top producer, banned exports for four months to spur the battery metal’s price from historical…