Chinese Congo Global Market 
Green Car Congress
MAY 18, 2022
The Cobalt Institute’s Cobalt Market Report 2021 , prepared by CRU, confirms the role of cobalt as one the key commodities of the green future, due to the rapid growth of the lithium-ion battery market and a strong global uptake of electric vehicles. Due to relative market weakness, European prices averaged $2.5
Green Car Congress
APRIL 2, 2021
for the supply of spodumene concentrate (SC6) from the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). We are very pleased to conclude our discussions with Yibin Tianyi and to sign another binding offtake agreement for SC6 to a Chinese converter. —Nigel Ferguson, AVZ Managing Director.
Green Car Congress
AUGUST 11, 2023
However, process scrap makes up the majority of the global scrap pool in China, due to the large number of battery gigafactories in production. The lower prices will put increasing pressure on the margins of recycling companies, which are selling material into a falling lithium market. Earlier post.) Lower lithium prices.
Green Car Congress
MAY 30, 2021
Fastmarkets reported that the Democratic Republic of Congo (DRC) has banned the export of copper and cobalt concentrate. Roskill noted that the DRC has frequently threatened the cobalt market with a ban on the export of unprocessed copper and cobalt concentrates and ores. Almost all cobalt concentrate exports from the DRC are to China.
Green Car Congress
OCTOBER 9, 2022
China dominates the global Li-ion battery supply chain to the extent that removing the country in favor of European or North American alternatives will be difficult, according to analysis by Benchmark Minerals Intelligence. Much of this is also sourced from Chinese-owned mines in the DRC.
Green Car Congress
NOVEMBER 30, 2020
While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.
Cars That Think
APRIL 25, 2022
But they’re up against the challenge of our global-warming time: dauntingly tight supplies of both batteries and the ethically sourced raw materials required to make them. VW, despite its EVs outselling Tesla in Europe, is under intense competitive pressure from Tesla, and in the Chinese market where VW underperforms.
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