Tag: Zhejiang Huayou Cobalt
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In Congo’s Cobalt Belt, a Chinese Miner’s Waste Leaves Villages Poisoned and Furious
By Camille Lafont Carrying her sore-pocked daughter across her decaying field, Helene Mvubu says she is one of thousands to have fallen victim to the toxic waste defiling the Democratic Republic of Congo's mining capital. ...
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China’s Zhejiang Huayou Cobalt Unit to Build 70 MW Solar Plant to Power Lithium Processing in Zimbabwe
Zimbabwe-based Prospect Lithium, a unit of Chinese mining giant Zhejiang Huayou Cobalt, announced that it will begin construction on a new 70 megawatt off-grid solar facility that will be used to power early-stage lithium processing. The company invested $400 million to build ...
Lithium Prices Are Crashing, But Some Producers Are Doubling Down. Why?
There is a puzzling shift unfolding in the global lithium market. Prices have collapsed by over 70% from their 2022 highs to around $12,000 per tonne, and yet, against all market logic, some Chinese lithium giants are not retreating. Instead, ...
Ford’s Nickel Deal With Huayou Cobalt Exposes the Limits of U.S. Influence to Counter China
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 ...
U.S. Acknowledges It Can’t Cut China Out of the EV Battery Supply Chain
For much of the past year, since the passage of the Inflation Reduction Act (IRA) in 2022, U.S. officials have spoken at length about the urgent need to remove China from the critical minerals supply chain used, among other things, to manufacture electric vehicle batteries. ...
Chile's outgoing President Gabriel Boric greets president-elect Jose Antonio Kast during an army-change-of-command ceremony, where the Commander in Chief of the Army, General Javier Iturriaga hands over the command to General Pedro Varela, in Santiago, Chile, March 9, 2026. REUTERS/Pablo Sanhueza
A political transition is underway in Chile this week. President-elect José Kast will be sworn in on Wednesday, and Chile’s long-standing commercial relationship with China will be put to the test. Just days before the inauguration, a dispute about a Chinese submarine cable project ...
In Congo’s Cobalt Belt, a Chinese Miner’s Waste Leaves Villages Poisoned and Furious
By Camille Lafont Carrying her sore-pocked daughter across her decaying field, Helene Mvubu says she is one of thousands to have fallen victim to the toxic waste defiling the Democratic Republic of Congo's mining capital. ...
China’s Zhejiang Huayou Cobalt Unit to Build 70 MW Solar Plant to Power Lithium Processing in Zimbabwe
Zimbabwe-based Prospect Lithium, a unit of Chinese mining giant Zhejiang Huayou Cobalt, announced that it will begin construction on a new 70 megawatt off-grid solar facility that will be used to power early-stage lithium processing. The company invested $400 million to build ...
Lithium Prices Are Crashing, But Some Producers Are Doubling Down. Why?
There is a puzzling shift unfolding in the global lithium market. Prices have collapsed by over 70% from their 2022 highs to around $12,000 per tonne, and yet, against all market logic, some Chinese lithium giants are not retreating. Instead, ...
Ford’s Nickel Deal With Huayou Cobalt Exposes the Limits of U.S. Influence to Counter China
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 ...
U.S. Acknowledges It Can’t Cut China Out of the EV Battery Supply Chain
For much of the past year, since the passage of the Inflation Reduction Act (IRA) in 2022, U.S. officials have spoken at length about the urgent need to remove China from the critical minerals supply chain used, among other things, to manufacture electric vehicle batteries. ...
Chinese Mining Company Launches Africa’s First-Ever Lithium Processing Facility in Zimbabwe
Zimbabwe became the first country in Africa to process locally-mined lithium with the opening of a new Chinese-owned refining facility outside of the capital Harare. Prospect Lithium Zimbabwe, a unit of the Chinese mining giant Zhejiang Huayou Cobalt, formally commissioned the ...
New Billion-dollar Korean-Chinese EV Battery Plant Deal Likely to Anger the U.S.
South Korea's LG Chem signed a deal with Chinese mining and metal refining giant Zhejiang Huayou Cobalt to build a massive $920 million electric vehicle battery factory in southwest Korea. While the proposed factory makes a lot of sense for companies ...
Ford Teams Up With Chinese, Indonesian Companies in Nickel Venture
The Ford Motor Company is teaming up with Indonesia's PT Vale and Chinese mining giant Zhejiang Huayou Cobalt to buy the Pomalaa nickel processing plant in Indonesia. The $4.5 billion venture deepens the U.S.-automaker's stake in the battery metal supply chain in ...
Can Zimbabwe Emulate Indonesia’s Tough Approach to Chinese Miners?
The Chinese mining company Zhejiang Huayou Cobalt is chafing under pressure from the Zimbabwean government to convert its lithium mining operation in the country into a plant producing battery-grade lithium within five years. The company at present, only has plans to build a ...