Green Car Congress

AUGUST 11, 2023

Prices for black mass material—from process scrap fell by 5% in July from a month earlier, according to Benchmark’s inaugural black mass price assessment, due to a decline in the underlying prices for lithium. Prices for battery-grade lithium carbonate in China have fallen by 47% year-to-date, according to Benchmark.

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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.

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Price Batteries Battery 2020 382

Green Car Congress

MAY 27, 2022

pled guilty in the District of Connecticut to a commodity price manipulation conspiracy. billion to resolve the government’s investigations into bribery and commodity and price manipulation. The Commodity Price Manipulation Case. On these pricing days, Glencore Ltd. On these pricing days, Glencore Ltd.

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Green Car Reports

MARCH 27, 2022

Just as the Middle East has been a strategic center in global oil politics, the Democratic Republic of Congo has become the epicenter for the raw materials needed for electric vehicles—especially cobalt.

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Baua Electric

JANUARY 10, 2024

It’s a dramatic reversal from the ebullience of recent years that sent prices soaring and sparked a rush by some of the auto industry’s biggest players to secure future supply. Yet supply charged ahead as demand growth underwhelmed, and the result has been a price freefall. Chemaf Resources Ltd. and General Motors Co.

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Green Car Congress

MAY 18, 2022

The Democratic Republic of the Congo remained the largest source of cobalt supply, accounting for 74% of the global mine supply and 87% (15 kt) of annual growth.Output from the artisanal and small scale mining (ASM) sector is estimated to have increased to 14.5 Due to relative market weakness, European prices averaged $2.5

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Green Car Congress

AUGUST 7, 2021

China Molybdenum (CMOC) , a leading cobalt and copper producer, recently started trial production from its 10k expansion project at the Tenke Fungurume Mine (TFM) in the Democratic Republic of Congo (DRC). TFM mainly produces copper cathode and cobalt hydroxide. In 2020, TFM produced 182,597 tonnes of copper and 15,436 tonnes of cobalt.

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Green Car Congress

APRIL 1, 2023

Jervois Global Limited will suspend final construction and full concentrator commissioning at its 100%-owned Idaho Cobalt Operations mine (ICO) in Idaho ( earlier post ) due to continuing low cobalt prices and US inflationary impacts on construction costs.

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Green Car Congress

FEBRUARY 20, 2020

Roughly 60% of mined cobalt is sourced from the Democratic Republic of Congo (DRC). The element is often recovered as a byproduct from mining copper and nickel, meaning that demand and pricing for those other metals affects the availability of cobalt. The paper is published in the ACS journal Environmental Science & Technology.

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Green Car Congress

MAY 22, 2021

Glencore, one of the world’s leading producers of cobalt, produces cobalt mainly as a by-product of copper mining in the Democratic Republic of Congo (DRC), but also as a by-product of nickel mining in Australia and Canada. The plan to shutter the operation was taken in August 2019 following an extended period of low prices.

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Green Car Congress

JULY 4, 2020

For example, two-thirds of all cobalt production happens in the Democratic Republic of the Congo (DRC). However, a new report from UNCTAD warns that the raw materials used in electric car batteries are highly concentrated in a small number of countries, raising a number of concerns. Agência Brasil/José Cruz. Source: UN.

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Batteries Battery Zambia Production 545

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). Australia-based AVZ Minerals Limited has secured a strategic, long-term offtake partner agreement with Yibin Tianyi Lithium Industry Co.,

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Green Car Congress

AUGUST 16, 2021

billion to expand production capacity of its Tenke Fungurume mine (TFM) in the Democratic Republic of Congo (DRC). Considering the strong demand outlook for cobalt and the increasing costs to mine the material, Roskill expects to see limited downside in cobalt prices in the short to medium term. Earlier post.). Mtpy for mixed ores.

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Green Car Congress

FEBRUARY 7, 2019

Roughly 62 percent global cobalt output is found in the Democratic Republic of Congo. Any major disruption to cobalt today would likely curb EV proliferation in the early 2020s, in turn supporting long dated crude oil prices,” Bank of America Merrill Lynch warned. But cobalt looms as a larger concern for some automakers.

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Green Car Congress

NOVEMBER 25, 2018

On the one hand, more than half of the worldwide supply (126,000 tonnes) is mined in the Democratic Republic of Congo. Rising prices may impact battery production. Rising prices may impact battery production. Cobalt prices have tripled between 2015 and 2018.

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Green Car Congress

SEPTEMBER 2, 2020

It is also a very expensive material with its supply and mining confined to a large majority in China and the Democratic Republic of Congo. These materials typically contain several rare-earths such as neodymium and dysprosium, both of which have a very geographically constrained supply chain and a volatile price history.

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Electrek

JUNE 29, 2021

Democratic Republic of Congo will build two solar farms in the copper- and cobalt-rich southeast. Tesla now offers price matching, so it’s important to shop for the best quotes. In today’s Electrek Green Energy Brief (EGEB): Caterpillar agrees to develop all-electric mining machines for Nouveau Monde Graphite.

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Charged EVs

AUGUST 16, 2022

Farewell to falling prices. Absolutely, says George Miller, a Senior Price Analyst at Benchmark Mineral Intelligence. No other investors seemed to be interested—many players seemed to believe that the competition from China was too fierce—and MP bought it for a bargain price on the courthouse steps. .

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Lithium Ion Li-ion Supplies Price 64

Clean Fleet Report

JANUARY 13, 2023

On one hand, the price of EV batteries has been rising, likely due to increasing demand worldwide for battery materials such as lithium. The raw cobalt for lithium-ion batteries is notoriously sourced from unethical mining companies that have a harmful social and environmental impact in the Democratic Republic of the Congo.

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Teslarati

MAY 25, 2022

pled guilty to several violations to the Foreign Corrupt Practices Act in relation to bribery and commodity and price manipulation. ” Glencore admitted that, in the Democratic Republic of the Congo, it offered to pay $27.5 Tesla and General Motors material supplier Glencore and Glencore Ltd. Glencore agreed to pay over $1.1

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Green Car Congress

OCTOBER 5, 2020

On Closing, Deposit Payment shall be applied to the purchase price for SMP Refinery. Should Jervois elect to exercise its Early Termination Right, Deposit Payment will be forfeited and no further tranches will be payable. Jervois will fund Deposit Payment via cash reserves. million (US$8.5 million) on Closing. million (US$4.5

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Cars That Think

APRIL 25, 2022

But with the industry needing all the batteries it can get, improved high-manganese batteries could carve out a niche, perhaps as a mid-priced option between lithium-iron phosphate chemistry, and primo nickel-rich batteries in top luxury and performance models. “We We need tens, maybe hundreds of millions of tons, ultimately.

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Cars That Think

SEPTEMBER 13, 2021

The supply of metals like cobalt, copper, lithium, and nickel needed for batteries is already shaky , and soaring demand for the hundreds of millions of batteries in the coming decades is likely to trigger shortage and high prices. Some companies want to harvest metallic treasures from the sea.

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Batteries Battery Hawaii Nauru 121

Electric Auto Association

OCTOBER 6, 2021

Assuming a gas car would last for 200,000 miles, choosing an EV can be like getting two cars for the price of one! Issues and answers Concerns remain about the sustainability of lithium ion EV batteries.

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Clean Cleaning Manufacturer Batteries 74

Electric Auto Association

OCTOBER 6, 2021

Assuming a gas car would last for 200,000 miles, choosing an EV can be like getting two cars for the price of one! Issues and answers Concerns remain about the sustainability of lithium ion EV batteries.

Clean 59

Clean Cleaning Manufacturer Batteries 59

Drive Electric

AUGUST 9, 2022

With the introduction of the Clean Car Discount in 2022, the skyrocketing prices of petrol and diesel across the country and the increasing number of electric vehicles available in New Zealand, we are seeing more EVs on our roads than ever before. Although the role of the metals used to create lithium-ion batteries (ie.

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Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric

AUGUST 9, 2022

With the introduction of the Clean Car Discount in 2022, the skyrocketing prices of petrol and diesel across the country and the increasing number of electric vehicles available in New Zealand, we are seeing more EVs on our roads than ever before. Although the role of the metals used to create lithium-ion batteries (ie.

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Environment Electric Vehicles New Zealand Vehicles 52

Green Car Congress

NOVEMBER 13, 2022

The increasing prices of lithium has also led to higher investments in carbonate and hydroxide refinery facilities in the country, making it the leading refiner of battery metals globally. China currently hosts 75% of all battery cell manufacturing capacity and 90% of anode and electrolyte production.

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Cars That Think

AUGUST 20, 2022

Another barrier to the adoption of EVs is the price, which is largely a function of the cost of the batteries, which make the purchase price 25 to 70 percent higher than that of an equivalent conventional vehicle. sudden reversal of that trend in 2022 due to increases in prices of critical metals and a surge in demand for EVs.

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Cars That Think

JUNE 21, 2022

During my early years at General Motors Research Labs , there was a war in Central African Zaire [now known as the Democratic Republic of the Congo], which is a big cobalt supplier. And the price of cobalt went up to something like $45 a kilogram. And, of course, cobalt was very expensive. India, for example, has rare-earths.

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