Leading Producers and Junior Miners Who Benefit as EV Boom Drives Cobalt Demand
Originally posted on investorintel.com Cobalt is a key component of the lithium-ion (“Li-ion”) battery used in electronics and many types of electric vehicles (“EVs”). The EV boom is causing cobalt demand to surge higher. In 2021, the International Energy Agency forecasted that cobalt demand could grow between 6x to 21x from 2020 to 2040 depending […]
Monsters of Rock: Can we count on another nickel rally in 2023?
Originally posted on stockhead.com Nickel prices have dropped more than 20% this year CBA mining analyst Vivek Dhar says higher supply from Indonesia and China’s economic growth targets could count against another bull rally this year Miners suffer bloodbath in miserable trading day The nickel market has been one of the most fascinating in battery […]
We stand ready to support renewable energy, says Standard Bank
Originally posted on miningweekly.com Standard Bank says it is at the ready to support renewable energy and infrastructure projects. The bank, which this week delivered record 37%-higher headline 2022 earnings of R34.2-billion and paid the highest dividend in its 161-year history, expresses the view that meaningful structural reform and an improvement in the electricity supply in […]
Eager to cut China dependence, EU eyes processing 40 per cent of its strategic raw materials by 2030
Originally posted on scmp.com The European Union wants to process 40 per cent of the strategic raw materials it uses by 2030, as it looks to slash its dependence on China for the minerals that will power industries of the future. It also aims to ensure it will not rely on third countries for more […]
Vanadium: The Key Strategic Metal for the Green Energy Transition
As the world transitions towards greener and more sustainable energy sources, the demand for certain metals, such as vanadium, has surged. Capital 10X, a leading investment research platform, has identified vanadium as a key strategic metal essential to the energy transition, due to its ability to increase the strength and efficiency of industrial metals, and […]
Battery metal frenzy outshines recovery fears at PDAC
Originally posted on Mining.com Tepid global demand for metals driven by recession fears and China’s weak economic recovery have done little to shake the belief among miners that battery materials are heading for an epic bull run. That was the sentiment of thousands of executives, investors, government officials and bankers who crammed into a conference […]
Flake graphite market moves into deficit: Evolution Energy
Originally posted on Marketindex.com Driven by demand for batteries and electric vehicles, the market for flake graphite has shifted into a deficit, according to Evolution Energy Minerals (ASX: EV1).The deficit has pushed fine flake prices up 56% to approximately US$825 a tonne between late 2021 to June 2022. The price rise stalled in July and […]
The Key Minerals in an EV Battery
Originally posted on Elements.visualcapitalist.com Breaking Down the Key Minerals in an EV Battery Inside practically every electric vehicle (EV) is a lithium-ion battery that depends on several key minerals that help power it. Some minerals make up intricate parts within the cell to ensure the flow of electrical current. Others protect it from accidental damage […]
Global Graphite Market to Reach $21.6 Billion by 2027: Insights and Opportunities”
Graphite, a mineral of carbon, is extensively used in various applications such as refractories, lubricating agents, foundries, electrical vehicles, construction, and others. The global graphite market was valued at $14.3 billion in 2019 and is expected to reach $21.6 billion by 2027, growing at a CAGR of 5.3% from 2020 to 2027. The increasing demand […]
JV Article: Engaging frontline workers to achieve sustainability culture in mining
Originally posted on Mining.com During the decade Alp Bora spent as a mechanical engineer in mining, he saw the industry’s reputation suffer in the court of public opinion due to multiple incidents of environmental disasters, corporate malfeasance, and on-site accidents. Bora became concerned about the industry’s future as he observed the disconnect between public perception […]