IMPACT is launching a new project tackling corruption in Democratic Republic of Congo’s (DRC) artisanal cobalt sector with an effort to map all the taxes and fees supply chain actors are legally required to pay.
The Mapping Payments project, which...
Some African companies may need to pivot or scale down to withstand the current strains and maintain their operations
The ongoing Ukraine war and ensuing sanctions imposed on Russia (the most extensive in world history) have resulted in spasms in...
Key takeaways:
Cobalt supply facing huge downside risks, whilst demand continues to surge – the market could quickly transition from a moderate surplus to a deficit in 2023
Total demand for cobalt in the next five years will...
A sum of $150 million has been committed by KoBold Metals, a start-up backed by a coalition of to support the development of Mingomba copper-cobalt mine in Zambia.
The deal comes as the United States seeks to reduce its dependence...
The Global Battery Alliance (“GBA”), a multi-stakeholder organisation to establish a sustainable battery value chain, today launched its Human Rights Index and Child Labour Index for the Battery Passport, ahead of Human Rights Day on 10th December. The indices...
Eurasian Resources Group (ERG) and its joint-venture partner, La Générale des Carrières et des Mines (Gécamines), celebrated the kick-off of the restart of operations at Boss Mining with a ceremony held at its concession on 23 November 2022.
Boss Mining, located...
Commodities trader Trafigura has received US $600million from the Eastern and Southern African Trade and Development Bank (TDB) to develop cobalt and copper mines in the Democratic Republic of Congo.
Trafigura’s head of nickel and cobalt trading Socrates Economou confirmed...
By– Benedikt Sobotka, CEO of Eurasian Resources Group:
Analysts at Macquarie Group recently sparked a debate by declaring that the “commodities supercycle is dead”. At Eurasian Resources Group, we take an opposing view. The notion of a supercycle, or a...
Metso Outotec has been awarded a repeat order to deliver sustainable tailings filtration technology for Zhejiang Huayou Cobalt Co. Ltd.’s new laterite nickel mine project in Indonesia. The order value, which is not disclosed, has been booked in Minerals...
The global demand for critical and future-facing minerals is set to usher Australia into a new resources boom. There are currently hundreds of millions of dollars’ worth of key minerals such as nickel, lithium, cobalt and manganese scattered across...