lunes, 4 de junio de 2018

Cobalt thrifting in EV batteries won’t dent price any time soon

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Mining News Digest
Tuesday 5 June 2018
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Even best-case, mass early roll-out of new cobalt-light batteries won't solve cobalt supply issues says new report.

As soon as the sale was completed, Rio received $150 million in cash and is set to get an unconditional cash payment of $50 million due in 12 months.

The investment will increase the mine's copper output by 45 percent by 2020, with the value of production exceeding $2 billion annually.

A judge from the Ecuadorian province of Cuenca ruled that Ecuagoldmining South America S.A violated article 57 of the country's Constitution.

The leaders spoke for the first time since the announcement in a 30-minute call and agreed to discuss the issue further at the G7 summit in Canada later this week.

"What I can say with full confidence, though, is that prices will rise—for producers and consumers alike—which is good for gold but a headwind for continued economic growth."

Vietnam is aiming to increase the use of household solar energy equipment to 12 percent by 2020, and 26 percent by 2030.

The world's two biggest economies need to agree on a new framework that will allow both of their economic systems to co-exist.

More hires are expected as brokers eye opportunities from China's mainland exchanges opening to investors abroad.

The Black Lung Disability Trust Fund is at risk of insolvency due to soaring debt and a slashing of coal-company contributions through a scheduled tax cut.

Matthew Gili, CEO of Nevada Copper, speaks to Maurice Jackson of Proven and Probable about the company's plans to go into production.

Gold may have posted two straight months of declines, but is set to shrug off the blues and rise in 2019 as the dollar weakens.

U.S. banks worked on the En+ initial public offering in November, but some have taken a step back since the sanctions.

Canada's cabinet on Monday discussed how to protect the domestic steel and aluminum industry from U.S. tariffs.

Gas-fired power generators are more vulnerable to cyber attacks than coal plants and nukes because gas must be delivered from remote fields via pipelines.

James Kwantes, editor of Resource Opportunities, speaks with Ken Armstrong, the CEO of one of the more active diamond companies globally. 

Battery production could become a major choke point for vehicle electrification as more automakers shift their model lineups to EVs and hybrids.

ATAC's technical team is operating two diamond drill rigs on the Conrad Zone at the wholly-owned Osiris Project.

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