Global lithium-ion battery capacity to rise five-fold by 2030
Global cumulative lithium-ion battery capacity could rise over five-fold to 5,500 gigawatt-hour (GWh) between 2021 and 2030, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
Volkswagen unveils Asian ventures to secure nickel, cobalt
Volkswagen will form joint ventures with Huayou Cobalt and Tsingshan Group to secure nickel and cobalt supplies for electric vehicles in China, the world’s No. 1 car market, and to slash costs.
Zambia’s 2021 copper production falls by 4.5% – statistics agency
Copper production in Zambia dropped to 800 696 t last year from 837 996 t the year before, data obtained from the nation’s statistics agency showed on Tuesday.
Zambia’s cobalt production also dropped.
Russia diamond supply squeeze may benefit Zimbabwe miner’s gems
Zimbabwe’s biggest rough diamonds miner sees Russia’s invasion of Ukraine triggering “far-reaching consequences” for the global gem industry and possibly lifting demand for its own diamonds.
Russia’s Alrosa is the world’s biggest diamond.
Alrosa to shut US office
Alrosa plans to close its New York operations as tensions between the US and Russia escalate.
Rebecca Foerster, president of Alrosa USA, has left the company, the miner said Monday.
The developments follow White.
First Quantum to power Zambia copper mines with wind, solar
First Quantum Minerals plans to power its copper mines in Zambia through a $500-million solar and wind energy installation funded by a TotalEnergies-backed company and Chariot.
Electricity shortages have, in the past decade,.
High noon for oil hunters
INVICTUS Energy, the firm that is exploring potentially lucrative oil fields in Zimbabwe’s Muzarabani district, says it has inked a deal with Poland-based Exalo Drilling SA to sink the first of its.
Zim dangles minerals to US in sanctions fight
THE Zimbabwe government is dangling rare earth elements (REE) to the United States (US) in a desperate move to influence the lifting of sanctions, as the country’s economy goes on a tailspin,.
Blanket lifts revenue 21% after shaft launch
GROSS revenue at Caledonia Mining Corporation rose by 21% to US$121 million during the year ended December 31, 2021 after it reported its biggest gold output.
Caledonia operates Gwanda-based gold producer Blanket Mine,.
De Beers unveils $420M diamond-mining ship
De Beers has revealed the newest member of its underwater mining fleet: a $420 million ship that is set to add 500,000 carats of high-value diamonds to its annual production from Debmarine.