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Declining prices were the main topic of discussion in the cobalt market in 2019, but interest in developments in the space still remained strong. With carmakers promising to produce an increasing number of electric vehicles (EVs), many of the Investing News Network’s (INN) top ...
China’s largest electric vehicle (EV) battery maker is set to buy an 8.5 percent stake in Australian lithium miner Pilbara Minerals (ASX: PLS ,OTC Pink:PILBF) for AU$55 million. Under the deal, Contemporary Amperex Technology (CATL) (SZSE: 300750 ) will buy 183.3 million s...
European carmakers will have another source of Chinese battery technology in their backyard, with SVOLT Energy Technology revealing it has plans to build a manufacturing base there . General Manager at SVOLT Yang Hongxin said that the company has plans to eventually have five production ...
The following slide deck was published by Bayerische Motoren Werke Aktiengesellschaft in conjunction with their 2019 Q1 earnings Read more ...
Despite the decrease in cobalt prices, interest in the critical metal is still riding high, with analysts cautiously optimistic about the coming years . One of the metal’s catalysts is excitement about electric vehicles. The lithium -ion batteries that power these cars requir...
Electric vehicles are gaining popularity at a rapid pace, propelled by growing affordability, cutting-edge technology, and a global push to reduce carbon emissions. With more and more auto giants looking to enter the electric vehicle game, the number of electric vehicles on the market is ...
As the auto industry tracks towards a future of electrification and low-carbon intensity, the pressure’s on carmakers around the world to give the people what they want — electric vehicles that are cheap, useful and readily available. The debate around a boom in el...
Carmaker BMW (OTC Pink: BYMOF ,ETR:BMW) will buy cobalt directly from mines in Australia and Morocco, taking a major step to ensure its supply of the raw material is sourced responsibly. The new supply of cobalt, a key element in lithium -ion batteries, will be used in the carmaker...
Introduction After checking in on Fresnillo ( FNLPF ) , a London-listed silver and gold producer, we are staying on the British island for this week’s edition of Focus on Europe. And, although we remain in the commodity sector, this week’s focus will be on another segment as...
Hey, this kind of trouble's only just begun I tell myself too many times Why don't you ever learn to keep your big mouth shut That's why it hurts so bad to hear the words That keep on falling from your mouth Why can't you see this boat is sinking Let's go dow...
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Shares of Australia’s Pilbara Minerals (ASX: PLS ) jumped more than 20 percent after it secured a new offtake agreement for its Pilgangoora lithium-tantalum project in Western Australia. Under the five year deal, announced on Wednesday (March 25), the Perth-based miner will pr...
Swiss diversified miner Glencore (LSE: GLEN ,OTC Pink:GLCNF) has signed its fourth long-term cobalt supply deal with a battery maker in less than a year ― this time with Korea’s Samsung SDI (KRX: 006400 ). The five year deal will see Glencore supply Samsung SDI with up to 21,...
Mining giant Glencore’s (LSE: GLEN ,OTC Pink:GLCNF) total cobalt production reached 46,300 metric tons in 2019 — 10 percent higher year-on-year, the company reported on Tuesday (February 4). The top producer’s cobalt output comes primarily from its Katanga and Mutanda ...