June 2021

Pilbara to restart former Altura project; spodumene digital auction scheduled for July

Pilbara Minerals’ board has approved a staged restart at the Ngungaju lithium project, set for the December quarter of 2021, the company announced on Friday June 25.

ENERGY TRANSITION: US too import-dependent to meet net-zero goals, think tank exec says

The shrinking metals and minerals processing industry in the United States is not up to the job required for the decarbonized transition of the country’s energy infrastructure, according to a senior fellow at New York-based think tank Manhattan Institute.

ENERGY TRANSITION: Investment in expanding supply chains critical, US government official says

Much greater investment is needed to expand supply chains to secure critical minerals and expand manufacturing in key materials needed for the energy transition, according to the Acting Undersecretary for Science and Energy at the United States Department of Energy.

Rising global benchmark prices support China’s cobalt sulfate, tetroxide prices

The continuing upward trend in global standard-grade cobalt benchmark prices is inspiring optimistic sentiment across the market and supporting domestic cobalt sulfate and tetroxide prices in China, sources told Fastmarkets this week.

Cheaper approach makes Si EV battery viable, Canada's HPQ says

With leading car makers eyeing extra silicon in electric vehicle (EV) batteries, a Canadian company claims to be getting close to making that commercially viable with its breakthrough process.

Northvolt, Volvo to set up sustainable gigafactory in Europe

Swedish battery maker Northvolt and automotive manufacturer Volvo Car Group plan to set up a gigafactory in Europe for the development of sustainable batteries to power the next generation of Volvo’s electric fleet, they said on Monday June 21.

IGO, Tianqi to close JV deal by end of June

Australia-listed IGO Ltd is one step closer to forming a joint venture with Chinese lithium producer Tianqi Lithium after key regulatory requirements for the internal restructuring of the Australasian arm of the latter to proceed have been satisfied, IGO said on Tuesday June 22.

Glencore to restart Mutanda cobalt mine operations late this year

Glencore will restart operations at its Mutanda copper-cobalt facility toward the end of 2021, and plans to return the asset to normal production in 2022, the global miner said on Tuesday June 22.

China Moly, IXM join Fair Cobalt Alliance

Miners China Moly and IX Metal have joined Glencore and Huayou’s Fair Cobalt Alliance (FCA), a body whose aim is to professionalize the artisanal mining sector in the global heartland of cobalt production – the Democratic Republic of Congo (DRC).

IN FIGURES: China’s battery raw materials exports in May 2021

A summary of China’s battery raw materials exports for May 2021.