Chinese blue-and-white porcelain owed its excellence to the fine clay available to the Chinese as well as to their high-temperature kilns and the cobalt pigment they used to produce the pieces ...
Both cobalt-copper mines are located in the Democratic Republic of Congo. American mining giant Freeport-McMoRan sold its stake in the Tenke Fungurume Mine to CMOC Group – then known as China ...
analyst Joel Crane said the ban has resulted in cobalt refineries – mostly based in China – scrambling to secure feedstock “putting significant upward pressure on prices.” So much so ...
At the same time, China has worked to establish dominance over critical raw materials. Take cobalt, the most expensive material in EV batteries. At the luxury end of the EV market, for example ...
(Bloomberg) -- Cobalt stocks rose in China on Tuesday as a surprise export ban in the Democratic Republic of Congo lifted the near-term outlook for the material used in alloys and batteries.
The company, which is majority-owned by China Minmetals, had invested up to $600m in a project to boost copper output and initiate cobalt production at Kinsevere. Despite the investment ...