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Colin Bennett

Congo bans copper, cobalt concentrates exports - 0 views

  • The Democratic republic of Congo has blocked exports of unrefined copper and cobalt concentrates in an effort to push miners to add value to the commodities, before shipping them outside the country, Mines Minster Martin Kabwelulu told Bloomberg
Colin Bennett

Glencore Xstrata completes merger of Mutanda and Kansuki copper-cobalt ops - 0 views

  • Glencore Xstrata has completed the merger of the Mutanda and Kansuki copper-cobalt mining operations in the Democratic Republic of the Congo (DRC).
Colin Bennett

China drops taxes on copper, cobalt and nickel concentrate imports - 0 views

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    China will allow tax-free imports of copper, nickel and cobalt concentrate from Feb. 1, as long as the finished products are re-exported, and will also allow duty-free exports of refined copper, unwrought nickel and semi-finished aluminium products.
Colin Bennett

Hunt for sea minerals drives Indian navy - 0 views

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    According to the Goa-based National Institute of Oceanography, India has surveyed an area of nearly 4m sq km in the central Indian Ocean basin that has led to findings of "significant commercial grades" of copper, nickel, iron and cobalt deposits.
Colin Bennett

Zambian copper output rises 12.9% in 8-months to Aug, but cobalt declines - 0 views

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    Zambia's copper cathode production rose 12.9 percent to 377,598 tonnes for the eight months to August compared with last year's output during the same period, central bank data showed on Tuesday.
Colin Bennett

Outotec technology for First Quantum nickel, copper, cobalt and gold projects - 0 views

  • Outotec has agreed with the First Quantum Minerals Limited Projects Office based in Perth, Australia, for the delivery of flotation, thickening and automation technologies for several of its operations around the world. The total value of the contracts exceeds EUR 20 million. These orders include the delivery of 14 units of Outotec TankCell® 300 and 54 smaller TankCell® units for nickel and copper concentrate production for the Kevitsa project, located in northern Finland. This flotation technology delivery complements the earlier agreed supply of Outotec® grinding mills for the same project.
Colin Bennett

World risks shortage of materials for EVs and wind turbines without agreements for gree... - 6 views

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    Another one in a series of studies on this topic. This one predicts an 87,000% increase in the demand for battery materials which is not very helpful. Exponential extrapolation from a small basis over a long time horizon can basically come up with any growth figure. The logistic growth curve is a much better and proven model for technology transitions.
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    "Demand for cobalt, copper, lithium, cadmium, and rare earth elements needed for solar photovoltaics, batteries, electric vehicle motors, wind turbines, fuel cells, and nuclear reactors is set to explode in the coming years as countries around the world invest heavily in greening their economies".
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    Orginal source: https://science.sciencemag.org/content/367/6473/30 (though (also behind a paywall) and http://www.sussex.ac.uk/broadcast/read/50598. The latter mentions the 87000% figure referred to in the above comment.
Hans De Keulenaer

Charged EVs | Critical battery metals could be mined from polymetallic nodules found on... - 1 views

  • DeepGreen Metals recently acquired Tonga Offshore Mining Limited (TOML), giving the company exploration rights to a 75,000-square-kilometer block of seabed believed to contain some 756 million wet tons of polymetallic nodules.
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    A story which sounds too good to be true usually is :-). Checking this story through CRM4EV.
Colin Bennett

FT Commodities Summit Asia organised by FT Live - 0 views

  • Electric Dreams: The battery revolution and commodity markets As leading carmakers move to electrify their fleet and companies like Alphabet and Uber work on self-driving cars, the commodity industry is being forced to grapple with some difficult questions. EV’s have the potential to reduce oil demand considerably, but how fast and how soon remains a subject of fierce debate. Equally, utility scale battery technology could have a devastating impact on the coal industry if it is able to provide storage for renewable energy. In contrast, EV’s could be a boon to the metals industry and materials like copper, lithium and cobalt that are the key elements of the modern battery. Executives from mining, energy and commodity trading will discuss these topics and others.
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