Category: Mining

The Chinese government is leveraging a 40% plunge in the price of cobalt to further bolster its national strategic reserve of the blue metal used in advanced electronics and electric vehicle batteries. UK-based cobalt trading house Darton Commodities recorded a massive ...

Prabowo Subianto, an ex-military commander and former son-in-law of Indonesian dictator Suharto, is finally on his way to the presidency. During the campaign season, Prabowo drummed up the promise that he would continue Indonesian President Joko “Jokowi” Widodo’s policies, including the promise of nickel-for-battery developments. Lo ...

Energy ministers from the United States and Canada expressed deep reservations about their countries' current reliance on China for processed minerals that are used to power next-generation mobility and technologies. In separate interviews, U.S. Energy Secretary Jennifer Granholm and Canada's Minister ...

Chinese-owned nickel mines in Indonesia are poised to cut output by at least 100,000 metric tons this year in a bid to boost prices of the precious metal used to manufacture batteries for electric vehicles. Chinese and other mining companies in Indonesia ...

A large manhunt is underway in central Ghana for at least 15 assailants who robbed a Chinese-owned mine on Friday night in the rural farming town of Akyem Kokoaso. At least five Chinese miners were shot during the assault, with three left ...

For the second time in two years, the United States signed an agreement with the Democratic Republic of the Congo in a bid to secure reliable supplies of critical resources free of any Chinese entanglements. The U.S. on Monday announced it ...

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 ...

Democratic Republic of Congo President Felix Tshisekedi surprised many late last week with an announcement that the controversial Sicomines deal has been successfully renegotiated. Tshisekedi had made reworking the controversial resource-for-infrastructure deal with a Chinese consortium that included firms like Sinohydro and ...

Indian naval forces are closely monitoring the movements of a Chinese research vessel operating in the Indian Ocean that is making its way towards the Maldives. Although these Chinese research ships are not officially designated as military vessels, the Indian government suspects the data they collect is used ...

Zambian authorities are rushing to pump water and mud from a Chinese-owned mine in time to rescue five Zambian and two Chinese workers trapped underground. The workers were caught by an inrush of water on Monday at the Macrolink mine, about ...

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 ...

Seven miners, including five Zambians and two Chinese nationals, are reportedly stuck in Zambia’s Chinese-owned Macrolink Mine.  The mine is still under construction and hasn’t been commissioned yet. The miners are trapped 235 meters below the surface by rising water. One ...