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Cobalt

  • Monday, 1 July, 2024
    News in-depth
    US sought Congo mines deal for Swiss trader Mercuria

    Plan includes relaxing sanctions on Israeli billionaire to counter Chinese control of critical minerals

    Israeli billionaire Dan Gertler on a tour of a copper and cobalt mine complex
  • Monday, 11 March, 2024
    Lex
    Cobalt slump is an opportunity for the auto sector Premium content

    Lower input prices should drive down the cost of batteries, supporting margins

    A hand holding cut cobalt cathodes
  • Friday, 1 March, 2024
    Cobalt market stung by record oversupply

    Glut of key metal for electric car batteries predicted to last until 2028

    Trucks haul away ore from a pit in Tenke Fungurume Mine, one of the largest copper and cobalt mines in the world, owned by Chinese company CMOC,
  • Tuesday, 12 September, 2023
    UK politics
    UK scientists call on Sunak to back deep-sea mining ‘moratorium’

    Letter expresses concerns about the nascent industry’s environmental impact

    Activists protest against deep sea mining in the Pacific
  • Sunday, 10 September, 2023
    Masters in Management
    Teaching case: Digging into the ethics of cobalt mining

    As demand grows for the material used in batteries, this MBA-style case study explores ethical dilemmas over unregulated mines in the Democratic Republic of Congo

    A miner fills a bag with cobalt
  • Tuesday, 27 June, 2023
    InterviewDR Congo
    DR Congo sounds alarm about cobalt prospects

    Head of DRC state mining group says country has lost opportunity to leverage market dominance

    A worker prepares sacks of cobalt powder at a mine in the Democratic Republic of Congo
  • Tuesday, 9 May, 2023
    Indonesia emerges as world’s second-largest cobalt producer

    Fast-growing supply depresses prices but raises fears about China’s control of market

    An employee fits a battery pack to the chassis of a Hyundai Kuna
  • Monday, 13 March, 2023
    China set to tighten grip over global cobalt supply as price hits 32-month low

    Share of global output expected to reach 50% over next two years

    Cut cobalt cathodes are held over a barrel
  • Thursday, 2 February, 2023
    Q&AInvestments
    How can investors ride the EV boom?

    Tesla has had a turbulent year, but others in the sector have been more resilient

  • Monday, 31 October, 2022
    Tesla Inc
    Tesla held discussions over taking stake in Glencore

    Talks over buying up to 20% of miner reflect carmakers’ concerns over supplies of battery metals

    Tesla Megapack batteries
  • Friday, 7 October, 2022
    Mining
    US opens new cobalt mine as EV battery needs grow

    Recently passed climate law boosts incentives for electric cars with domestic materials

    Jervois Global’s new US cobalt mine is in the mountains of Idaho
  • Tuesday, 16 August, 2022
    News in-depthRenewable energy
    EU digs for more lithium, cobalt and graphite in green energy push

    Brussels plans to lower regulatory barriers to mining raw materials needed for wind farms and electric vehicles

    Barroso mine near Boticas, northern Portugal
  • Monday, 18 July, 2022
    Surging demand for cobalt spurs hunt for mineral in Australia’s mine waste

    Geologists scour outback for commodity used in EV batteries as Canberra seeks to diversify from fossil fuels

    A worker at Israeli startup StoreDot, ultra-fast battery charge group
  • Tuesday, 17 May, 2022
    Electric vehicles overtake phones as top source of cobalt demand

    Rare metal’s price surges on supply concerns and proliferation of battery-powered cars

    People looking at a Tesla car in a showroom
  • Thursday, 7 April, 2022
    The Commodities NotePaul Norman Smith
    Time for Europe to reconnect with commodities

    Region risks becoming manufacturing museum unless it can secure supply of critical metals

    Volkswagen’s electric SUV’s on an assembly line in Zwickau, Germany
  • Tuesday, 22 March, 2022
    The Commodities Note
    Ethics of cobalt mining must be taken seriously by traders

    Buyers need to create common standards and metrics to govern extraction process

    Artisanal miners work at a cobalt mine-pit in Tulwizembe, Katanga province, Democratic Republic of Congo
  • Thursday, 3 February, 2022
    Electric vehicles
    Glencore plans UK recycling plant for lithium-ion batteries

    Waste from Britishvolt’s gigafactory in Blyth to be processed at Kent facility to tap rise of electric cars

  • Tuesday, 17 August, 2021
    Glencore
    Glencore backs battery start-up behind plans for UK’s first gigafactory

    FTSE 100 mining group will also supply Britishvolt with a significant share of its cobalt

    The Britishvolt plant at Blyth, Northumberland
  • Monday, 14 June, 2021
    Goldman Sachs
    Goldman Sachs ramps up cobalt trading

    Battery metal in hot demand because of electric vehicle boom but hedging options are scant

    Montage of an electric car and chemical symbols for cobalt and lithium
  • Wednesday, 12 May, 2021
    Batteries
    Glencore boss warns of future China dominance in electric vehicles

    US and Europe risk being left behind unless they secure cobalt supplies for batteries, says Ivan Glasenberg

    Glencore chief executive Ivan Glasenberg
  • Friday, 30 April, 2021
    News in-depthClimate Capital
    Cobalt price jump underscores reliance on metal for electric vehicle batteries

    Supply chain for rare commodity is constrained and linked with human rights abuses

    FT montage - electric carmakers want to reduce their dependence on cobalt as prices rally
  • Monday, 23 November, 2020
    Trafigura
    Trafigura signs cobalt deal with DRC

    Commodity trader to help improve conditions at informal mining sites in return for supplies

    Congolese workers stand beside bags of a mixture of cobalt and copper at a processing plant in the country's mineral-rich Katanga region
  • Tuesday, 17 November, 2020
    DR Congo
    Dan Gertler seeks to head off criticism of latest Congo mining deal

    Sanctions-hit Israeli tycoon offers ‘partnership’ with DRC citizens as he reveals 2017 royalty stream purchase

  • Monday, 24 August, 2020
    Mining
    Glencore backs cobalt mining pact in DR Congo

    Accord aims to eradicate child labour and improve working conditions

    Artisanal miners stand above a cobalt pit at Kasulo near Kolwezi, one of the first areas where the alliance will provide protective equipment, clean water supplies and remove the surface rock for local miners
  • Tuesday, 16 June, 2020
    LexElectric vehicles
    Glencore/Tesla: battery flattery Premium content

    Electric car maker to buy cobalt from Swiss mining group

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