Cobalt prices surge on China's stockpiling plan and export ban extension threat
Cobalt futures prices in China jumped more than 9% on Monday fuelled by China's strategic buying of cobalt and talks of extension of export ban from the Democratic Republic of Congo, the top supplier ...
Electra Battery Materials advances financing for cobalt sulfate refinery
Electra Battery Materials (ELBM) provided an update following a visit from the Honourable Marc Serre, Parliamentary Secretary to the Minister ...
Electra Advances Financing for North America’s Only Cobalt Sulfate Refinery
Once fully commissioned, Electra’s facility is expected to produce 6,500 tonnes of cobalt per year, which would support the production of up to 1 million EVs annually. The refinery project is located ...
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Electra advances North America’s first cobalt sulphate refinery in Ontario
Electra Battery Materials has secured $54m in non-dilutive funding, including $34m (C$48.47m) from Canadian Government ...
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Electra Secures Federal Support for North America’s Only Cobalt Sulfate Refinery
Electra Battery Materials (TSXV:ELBM,NASDAQ:ELBM) announced that it has received a letter of intent from the Canadian ...
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Hyundai Motor Group Announces $21B Investment In The U.S.
Hyundai Motor Group has announced a sweeping $21 billion investment plan aimed at significantly enhancing its footprint in the U.S. over the next three years. The multibillion-dollar strategy ...
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Latest Update in the SMM Cobalt Market
with market activity weakening but still supported by rigid demand [SMM Analysis] The spot price of refined cobalt slightly increased during the week, while the supply and demand situation remained ...
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