Category: Critical Minerals

A California-based mining start-up, KoBold Metals, announced that it had discovered Zambia's largest copper deposit in a century. KoBold president Josh Goldman said on Monday the company's Mingomba mine in northern Zambia is poised to become one of the world's top ...

U.S. senators introduced legislation that would make federal agencies regularly track critical mineral and rare earth deposits around the world and who controls them. The Critical Minerals Security Act of 2024 would highlight when a deposit is controlled by “a foreign ...

There's a growing awareness in Washington, D.C., that the rock-bottom prices of certain critical resources used to manufacture electric vehicle batteries provide China a competitive advantage while jeopardizing U.S. national security. A massive glut of cobalt, nickel and other EV battery ...

The year-long slump in nickel prices is endangering the economic viability of some of the many Chinese mining companies in Indonesia that dominate the sector. Chinese-owned mines account for 60-70% of all investment in Indonesia's nickel mining business, which is significant ...

The South Korean government introduced new measures this week to reduce its dependence on China for 185 different critical resources, many of which are used to manufacture EV batteries. The Ministry of Industry, Trade and Energy announced on Wednesday new measures that ...

Chinese mining executives at privately owned companies are breathing a sigh of relief that new U.S. regulations aimed at cutting them off the American EV supply chain aren't as stringent as expected. Earlier this month, the Biden administration unveiled a series ...

The Ford Motor Company is moving forward with a massive $3.8 billion three-way nickel deal with Brazilian miner Vale and Chinese mining giant Zhejiang Huayou Cobalt. Nickel is one of the key metals used to manufacture electric vehicle batteries, that companies ...

Zimbabwe’s President Emmerson Mnangagwa officially opened a new lithium processing facility aimed at moving the country up the mineral value chain. The $300 million plant, run by Bikita Minerals, a subsidiary of China’s state-owned Sinomine, will produce 480,000 tonnes of petalite and 300,000 tonnes of spodumene concentrates annually. ...

China’s recent decision to restrict graphite exports is hitting importers hard, not least in Japan. On December 1, Chinese exporters will need special permits that meet national security concerns before they export the key mineral used in batteries that power electric ...

U.S. lawmakers met this week to discuss how to combat the use of child labor in the Democratic Republic of the Congo's cobalt mining sector which they claim is largely controlled by Chinese mining companies. The issue is part of a ...

Amid heightened demand for green technology, prices for critical minerals should be going up, up, up, right? In reality, prices have proven volatile. Even as demand keeps rising, new supply sources are coming online, potentially driving down prices. In addition, geopolitical ...

South Africa's Impala Platinum announced voluntary buyouts this week in a bid to cut costs as the mining company grapples with persistently low metal prices. With the price of palladium down 40% this year and platinum off 14%, the challenge facing Impala ...