US Defense Department to Buy Cobalt for up to $500 Million (Reuters) -The U.S. is seeking to procure cobalt worth up to $500 million for defense stockpiles amid the country's move to boost its ...

Cobalt demand surged due to its key role in EV batteries, causing price volatility. DRC's cobalt export ban increased prices modestly; it accounts for over 70% of production. Invest in cobalt stocks ...

A recently retired mother from Cape Town has won over R30 million in the Lotto Plus 1 jackpot on Saturday, 26 July. Ithuba National Lottery reports the woman walked away with R30,211,138.30. Her ...

Cobalt is a highly prized metal, especially for makers of smartphones and EVs. Almost 75% of global production comes from the Democratic Republic of Congo - where there are also children toiling away ...

LONDON (Reuters) -When Fidra Energy acquired a 55-acre (22-hectare) patch of northern England countryside in 2023, its plan to transform it into a 1.45 gigawatt energy storage facility - Europe's ...

Cobalt is one of the world’s best battery materials, but geopolitically, it’s less than ideal. The world’s largest reserves are in the Democratic Republic of the Congo, where mining has long been ...

EVelution Energy plans to build the first US cobalt processing facility in Yuma County by the end of 2025. Cobalt is crucial for various industries, including electric vehicles, aerospace and defense, ...

The country is considering extending a restriction on cobalt exports to further push up prices. It’s not the only mineral-rich country to try that. Tariffs aren’t the only thing restricting global ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Democratic Republic of Congo has announced it is halting exports of cobalt, a key ingredient in electric ...

Ashely Claudino is an Evergreen Staff Writer from Portugal. She has a Translation degree from the University of Lisbon (2020, Faculty of Arts and Humanities). Nowadays, she mostly writes Fortnite and ...

Raphael Deberdt receives funding from the National Science Foundation and the Alfred P. Sloan Foundation. Jessica DiCarlo received funding from The Wilson Center. The mineral-rich Democratic Republic ...

LONDON, Aug 21 (Reuters) - Someone delivered 23 metric tons of cobalt to London Metal Exchange warehouses last month. This may not sound like a big deal, but it was the first LME warranting of the ...