Category: Mining
[Seminar] Kompetisi Energi Baru: Jejak Industri China pada Nikel Indonesia
Tanggal: 15 Nopember, 2024 Waktu: 10:00-11:15 (WIB) Lokasi: Virtual (Zoom, Publik) Daftar disini: https://tinyurl.com/CGSPNikel ...
Even CMOC is Now Worried About the Rock Bottom Price of Cobalt
For much of the past two years, Chinese mining giant CMOC Group Ltd. has been producing vast quantities of cobalt from its enormous mines in the Democratic Republic of the Congo. The company's producing so much of the blue metal that it ...
Indonesia’s Small Islands Pay the Price for Nickel Mining
The push for electric vehicles (EVs) promises a cleaner future, but the production of their batteries comes at a steep cost to Indonesia’s small islands. Nickel, a critical component in many EV batteries, has spurred mining activities that devastate local ecosystems and communities.
There’s Only One Reason That Explains Why Chinese Companies Are Pumping Out so Much Cobalt: Politics
Chinese mining giant CMOC Group, or China Molybdenum, announced this week that it reached its full-year cobalt production target three months ahead of schedule. This would probably have been welcomed as good news in an earlier era. But in today's market, when the price of the blue ...
China’s Copper Play in Africa: High Stakes, Riches, and Risks in Congo and Zambia
Editor's Note: The following story is an AI-generated summary of a report by the China Nonferrous Metals Research Institute. The original story was published on the Institute's WeChat page in Chinese. CGSP editors have carefully reviewed the translation and the summary to ensure that it accurately ...
East DR Congo Grapples With Chinese Gold Mining Firms
By Camille LAFFONT Italian priest Davide Marcheselli has been fighting for years against Chinese companies illegally mining gold in the town of Kitutu in the eastern Democratic Republic of Congo. He says mining has spoilt the ...
Two Dead in Guinea Protests Against Chinese Mining Firm
At least two people died in clashes with security forces at a protest against a Chinese mining firm in eastern Guinea, Guinea's press agency and a local official said Monday. Saturday's demonstration in Konkoi, close to the Malian border, also left ...
Commodities Face Economic, Geopolitical Complications in China
Mixed economic messages from Beijing and complex geopolitics are complicating global minerals and commodities trade. As Chinese markets reopened after last week’s holiday, iron ore prices slid back from a five-year high as the market reevaluated stimulus measures announced last week. Investors ...
From Rich Soil to Flooded Plains: The Toll of Indonesia-China’s Nickel Ambition
Flash floods hit North Maluku, a province in the eastern part in Indonesia, for four days last July. Home to nickel-focused industrial activities of the Indonesia Weda Bay Industrial Park (IWIP), the floods swept across several villages nearby. Heavy rains ...
U.S., India to Cooperate on Critical Minerals: Statement
The United States and India are set to work together on supply chains for critical minerals that are key to clean energy technologies, the U.S. Commerce Department said Thursday in a statement. U.S. Commerce Secretary Gina Raimondo and India's Minister of ...
China’s Role in the DR Congo Cobalt Supply Chain: Who’s Who?
This report serves as a companion piece to CGSP’s Interactive Cobalt Tracker. While the map provides detailed, up-to-date data on the cobalt industry in the Democratic Republic of the Congo, this report offers the broader context needed to understand that data.
Chinese Supply Surge Pushes Cobalt Prices to Lowest Point for the Year
Prices for cobalt, a critical resource used to manufacture electric vehicle batteries, touched an eight year low on Friday before recovering a bit to close at the lowest point in 2024. The market is flooded with the blue metal due to ...