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Over the past decade, Chinese companies have come to dominate cobalt mining in the DRC, controlling extraction, processing, and export. What’s left behind is a wasteland. Despite being the world's ...
The world’s No. 1 cobalt miner churned out a record volume of the metal in 2024, thanks to a speedy ramp-up of its giant mines in Africa. China’s CMOC Group said Monday it produced 114 165 t ...
Cobalt miner Jervois Global Ltd. will go private as part of a restructuring deal with one of its lenders, after struggling to compete with Chinese rivals as prices for the battery metal plunged.
Jan 2 (Reuters) - Cobalt miner Jervois Global (JRV.AX), opens new tab said on Thursday that one of its lenders will take the company private as part of a pre-packaged bankruptcy, the latest ...
For Jervois, that competition led it to close the only US cobalt mine before it even opened. Cobalt is used to make electric vehicle batteries, electronics and a range of weapons, among other goods.
(Bloomberg) — The world’s No. 1 cobalt miner is sounding the alarm over the shrinking role of the metal in electric vehicle batteries. Chinese company CMOC Group Ltd., which has been churning out ...
The world’s No. 1 cobalt miner is sounding the alarm over the shrinking role of the metal in electric vehicle batteries. Chinese company CMOC Group Ltd., which has been churning out cobalt much ...
Cobalt mining in the DRC is marred by human rights violations, including child labor, driven by weak regulations and corruption. China's control over 70% of the global cobalt supply raises ...