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Senior U.S. Diplomat Accuses Chinese Company of “Predatory” Tactics to Depress Cobalt Prices

The top U.S. diplomat for energy and the environment, Jose Fernandez, accused Chinese mining giant CMOC of using "predatory" practices to intentionally flood the market with cobalt to suppress prices: “What we’re seeing now, I feel, is a variation of predatory pricing ...

China is Taking Advantage of Rock Bottom Cobalt Prices to Stockpile Huge Quantities of the Blue Metal

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 ...

U.S. Lawmakers Weigh Sanctions, Criminal Charges Against Chinese Companies Over Child Cobalt Mining in DR Congo

U.S. legislators are proposing much stricter measures to counter China's dominance of the cobalt supply chain, including sanctions that would restrict the import of any cobalt mined by Chinese companies in the DR Congo. The proposed law by New Jersey ...

Four Key Trends in Battery Metals

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 ...

Truckers Strike Paralyzes Chinese Copper/Cobalt Shipments From the DR Congo

Truckers in the DR Congo have brought the all-important copper and cobalt trade to a standstill over their refusal to drive unless logistics firms pay an additional $700 risk allowance fee. The strike that began late last month has now ...

Analysis from Cobus van Staden

Philippine President Ramps Up Rhetoric as Local Attitudes Harden

The President of the Philippines, Ferdinand Marcos Jr., told soldiers to be ready for any conflict amid a potential overlap of his country’s tensions with China in the South China Sea and growing tensions between China and Taiwan.
Speaking to troops at a base in the northern Isabela province on Monday, Marcos said: “The external threat now has become more pronounced, has become more worrisome, and that is why we have to ...

China Takes Advantage of Cobalt’s Low Price to Boost Strategic Reserve

The Chinese government plans to fortify its stockpile of cobalt, a critical resource used to manufacture electric vehicle batteries. Insiders tell Reuters that the Strategic Reserves Administration plans to purchase 3,100 metric tons of the blue metal in a move likely timed ...

Cobalt: Why This Chart Can Spark Both Fear and Happiness

If you're the Chief Financial Officer of an automaker like the Ford Motor Company that loses money on every single electric vehicle it sells, the fact that this chart lists the price of cobalt at around $17 will make you smile. ...

Mapping the Chinese Cobalt Supply Chain in the DR Congo

The China-Global South Project is proud to announce the first-ever mapping of the Chinese cobalt supply chain in the Democratic Republic of the Congo. ...

Why China Wins and the West Loses When the Price of Cobalt Drops

U.S. and European automakers are rejoicing over the 30% plunge in cobalt prices this year, providing relief for one of the costliest elements needed to power electric vehicles. But what's good for Tesla, Ford and VW is not aligned with the ...

The U.S.-China Cobalt Test in the DR Congo

There's a lot of talk these days in Washington policy circles about the urgent need for the United States to "de-risk" or "de-couple" itself from Chinese supply chains needed to manufacture batteries required to power the green mobility revolution. A lot ...
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