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Cobalt news

March 24, 2023#Base Metals #Cobalt #Deals

Queensland Pacific Metals inks nickel supply agreement with New Caledonian mining company SMGM

by Industry News

Queensland Pacific Metals Ltd (ASX:QPM) has struck a binding ore supply deal with New Caledonian company Société Minière Georges Montagnat (SMGM), one of the original supporters of QPM and the TECH Project. The companies have formalised the 10-year ore supply agreement for up to 200,000 wmt per annum, targeting a typical limonite ore specification of 1.5% nickel and 0.18% cobalt....

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March 2, 2023#Base Metals #Cobalt #Deals

Resource Mining Corporation delivers 42.1-million-tonne nickel sulphide resource in Finland

by Industry News

Resource Mining Corporation Ltd (ASX:RMI) CEO Andrew Nesbitt joins Tom Warner in the Proactive studio to discuss the company’s 42.1 million tonnes nickel sulphide resource containing 168,400 tonnes of nickel and 6,700 tonnes of cobalt. This comes from a review and re-estimation of the Ruossakero Project in Finland and has the potential to grow. Finland is Europe’s largest producer of...

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March 2, 2023#Base Metals #Cobalt #Copper

Power Minerals begins exploration across Musgrave nickel-copper-cobalt-PGE project

by Industry News

Power Minerals (ASX: PNN) has begun the next exploration phase at its Musgrave nickel-copper-cobalt-platinum group element project in South Australia. A detailed multi-element resampling program using portable XRF (pXRF) to analyse drill hole core is currently underway with more than 1,000 samples processed to-date. Of those, some samples have been selected and sent to a laboratory for more detailed analysis....

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February 25, 2023#Base Metals #Cobalt #Deals

Posco, Ningbo Liqin to build nickel processing plant in Indonesia

by Industry News

South Korea’s POSCO Holdings Inc has announced it has signed a preliminary agreement with Chinese mining firm Ningbo Liqin for the joint production of nickel for electric vehicle (EV) batteries in Indonesia. The two companies have agreed in principle to build a process plant on the Indonesian island of Sulawesi capable of producing 120,000 tons of mixed nickel-cobalt hydroxide precipitate...

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February 21, 2023#Base Metals #Cobalt #Nickel

Aston Minerals confirms billion tonne resource estimate at Boomerang nickel-cobalt target

by Industry News

Perth-based Aston Minerals (ASX: ASO) has confirmed the Boomerang target within its wholly-owned Edleston project in Canada to be one of the world’s biggest nickel-cobalt deposits. The company today announced a billion-tonne maiden resource estimate at the target, which comes just 18 months after exploration commenced. The global resource sits at 1.044 billion tonnes grading 0.27% nickel and 0.011% cobalt...

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January 16, 2023#Battery #Cobalt #Nickel

Consortium of Hong Kong and European investors to revive Australian nickel and cobalt refinery for EV batteries

by Staff Writer

A consortium of Hong Kong and European private investors are investing over USD 1 billion to revive a mothballed nickel and cobalt refinery in Australia by turning mining waste into materials for electric car batteries. The refinery, Yabulu, is located in Queensland and aims to become one of the world’s top ten producers of refined nickel within 18 months to...

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January 11, 2023#Battery #Cobalt #Precious metals

Canada’s Kuya Silver Consolidates Northern Ontario Mining Project

by Staff Writer

Canadian miner Kuya Silver announced in early January that it was finalising the acquisition of battery materials refiner Electra Battery Materials’ assets in the two companies’ Silver Kings joint venture in Northern Ontario. This deal will boost Kuya’s ownership in the Silver Kings Project from 75% to 100%. To finalise the deal, which covers about 16,600 hectares of silver and...

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January 5, 2023#Cobalt #Platinum #Precious metals

Platinum-cobalt alloy developed as catalyst for next-gen hydrogen fuel cells

by Staff Writer

The high cost of platinum, a valuable metal that is the main catalyst for the chemical reactions in next-generation hydrogen fuel cells, has been a barrier to the widespread adoption of this technology. However, scientists have engineered a platinum-cobalt alloy to act as a catalyst, greatly reducing the amount of platinum needed to achieve the same or even better performance....

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December 26, 2022#Base Metals #Battery #Cobalt

Canada announces USD 3.8 billion critical minerals strategy to address global demand for clean technology

by Editor Metals

The demand for critical minerals including lithium, graphite, nickel, cobalt, copper, rare earth elements, potash, uranium and aluminum is increasing as the world moves towards a global net-zero economy and the adoption of clean technologies such as solar panels and electric vehicle batteries. These minerals are not only essential for clean technology, but also play a crucial role in creating...

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November 3, 2022#Canadian #Cobalt #Nickel

Nickel Creek Platinum completes drilling project at Yukon flagship asset

by Expert Base Metals

Nickel Creek Platinum has announced the completion of a drilling and geophysics programme conducted in Yukon, Canada, as part of the Nickel Shaw Project. The project involved a total of 3,300 metres of drilling, 2,000 metres of which comprised a Prefeasibility Study (“PFS”) at the Wellgreen deposit. Eight holes were drilled to support the conversion of mineral resources from inferred...

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