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COBALT: SK Innovation inks six-year agreement with Glencore for cobalt supply

  • Date: 04-12-19
  • Category: COBALT
  • Source: Mining Weekly

Petroleum refining company SK Innovation has signed a six-year agreement with global mining and commodities trader Glencore for up to 30 000 t of cobalt contained in hydroxide between 2020 and 2025.

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COBALT: Glencore's Mutanda mine in Congo shuts down a month early

  • Date: 26-11-19
  • Category: COBALT
  • Source: Mining Weekly

GOMA – Glencore's Mutanda mine in Democratic Republic of Congo has suspended operations prematurely due to difficulties procuring sulphuric acid, a key input for copper and cobalt extraction, its Mutanda Mining subsidiary told employees in a letter on Monday.

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COBALT: China Nonferrous Metals Industry Annual Meeting 2019: Global cobalt raw materials glut to ease in 2020

  • Date: 25-11-19
  • Category: COBALT
  • Source: SMM News

SHANGHAI, Nov 25 (SMM) – Global supply surplus of cobalt raw materials will ease in the near term as smelters in China resume procurement from overseas after domestic stockpiles shrinking over the past three quarters.

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COBALT: The world's first cobalt industrial museum was launched in Jiangsu province, China.

  • Date: 20-11-19
  • Category: COBALT
  • Source: GEM

In 2019, the Nobel Prize in Chemistry introduced the ancient cobalt elements to the world once again. The lithium batteries made of cobalt metal mainly, have become a key element of the information world.

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COBALT: Cobalt market to avoid shortage despite Congo mine closure: Nornickel

  • Date: 29-10-19
  • Category: COBALT
  • Source: Reuters

MOSCOW (Reuters) - Cobalt supply will remain robust despite a price slide that has already led to the closure of a major mine, Russia’s Norilsk Nickel said, as most is produced as a byproduct of more buoyant metals like nickel and copper.

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COBALT: Canada Cobalt looks for vertical integration with PolyMet Resources deal

  • Date: 14-10-19
  • Category: COBALT
  • Source: International Mining

Canada Cobalt Works has widened its processing options for both its Castle and Beaver projects, in the Cobalt Camp of northern Ontario, Canada, with the acquisition of a permitted and operating mineral and precious metal processing facility.

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COBALT: Canada Cobalt makes strategic move in silver/cobalt heartland

  • Date: 11-10-19
  • Category: COBALT
  • Source: Mining Weekly

TSX-V-listed Canada Cobalt Works is making headway in becoming a vertically integrated leader in Canada’s silver/cobalt heartland with the acquisition of “strategic assets” from PolyMet Resources in the town of Cobalt.

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COBALT: Glencore-backed Canada cobalt refinery aims for first production by late 2020

  • Date: 26-08-19
  • Category: COBALT
  • Source: Mining Weekly

The refinery that TSX-V-listed First Cobalt plans to bring back to life in Canada with funding by global mining group Glencore, is set for first production late next year, the junior company said on Monday, announcing that it had entered into a definitive financing agreement with Glencore.

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