ALX acquires nickel, copper, cobalt claims in Saskatchewan

ALX acquires nickel, copper, cobalt claims in Saskatchewan

ALX Uranium (TSXV: AL) announced that it acquired claims prospective for nickel, copper and cobalt mineralization totaling approximately 7,169 hectares at its Falcon nickel project located in the northern Athabasca region of Saskatchewan. In a...

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DeepGreen closer to mining battery metals from the sea after $150m injection

DeepGreen closer to mining battery metals from the sea after $150m injection

Canada’s DeepGreen Metals, a start-up planning to extract cobalt and other battery metals from small rocks covering the seafloor, has secured the bulk of the $150 million it needs to carry out its first feasibility studies. The financing...

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US report urges steps to reduce reliance on foreign critical minerals

US report urges steps to reduce reliance on foreign critical minerals

The U.S. Commerce Department on Tuesday recommended urgent steps to boost domestic production of critical minerals, warning that a halt in Chinese or Russian exports could cause “significant shocks” throughout the U.S. and foreign...

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China’s sway over tech metals under scrutiny after Huawei swoop

China’s sway over tech metals under scrutiny after Huawei swoop

China’s grip on the world’s rare earths market is in focus once again amid speculation the dominant producer could choke off supplies as the trade war escalates. But they’re not the only strategic minerals to watch if China’s relations with the...

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First Quantum signals potential restart of Ravensthorpe mine

First Quantum signals potential restart of Ravensthorpe mine

First Quantum Minerals (TSE: FM) is investigating the possibility of re-starting its idled Ravensthorpe nickel/cobalt operation in Australia, according to UK-based market research firm Roskill. The Vancouver-based company acquired the...

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US senate introduces new bill to boost domestic battery minerals supply

US senate introduces new bill to boost domestic battery minerals supply

Republican senators led by Lisa Murkowski has introduced bipartisan legislation to secure mineral resources and supply chains, reducing reliance on foreign sources. The new legislation – the American Minerals Security Act – listed lithium...

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Tesla warns of coming battery minerals shortage

Tesla warns of coming battery minerals shortage

While demand for electric vehicles (EVs) continues to soar, investment in companies mining for the so-called battery metals is lagging far behind, which may trigger an upcoming global shortage of those minerals, a Tesla executive has warned. The...

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More Than 40 Million People Work in Artisanal Mining: Report

More Than 40 Million People Work in Artisanal Mining: Report

More than 40 million people around the world work in artisanal and small-scale mining where minerals including gold, diamonds and cobalt are dug up often by hand, a report by the World Bank and development organization Pact said on Wednesday...

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Cobalt, uranium and silver prices expected to rally in 2019

Cobalt, uranium and silver prices expected to rally in 2019

A new report by FocusEconomics on the prospects of commodities this year and next paints a mixed picture. The survey of investment banks, institutions and research houses compiled by the Barcelona-based company has good news for long-suffering...

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First Cobalt targets Canada plant restart within 2 years

First Cobalt targets Canada plant restart within 2 years

First Cobalt Corp aims to restart an idled cobalt refinery in Canada within two years and is in talks to supply the battery-grade product to four leading automakers, chief executive Trent Mell said on Wednesday. The Toronto-based company is...

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Production of battery grade cobalt blows up First Cobalt’s stock

Production of battery grade cobalt blows up First Cobalt’s stock

Toronto-based First Cobalt Corp.’s (CVE: FCC) stock soared over 38% Wednesday, after the company announced it has successfully produced a battery grade cobalt sulphate at its refinery near the town of Cobalt, Ontario. The refinery has the...

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