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Kobalt

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Housepartyy
0
quote:

DeZwarteRidder schreef op 1 december 2017 09:21:

De kobalt-aandelen vliegen nu al de grond uit (ahw).
Artemis Resources (ASX: ARV) --> Carlow Castle project --> The results featured high grades across all metals with one particular intercept of 4 metres grading 1.1% cobalt, 10.7 grams per tonne gold and 4.4% copper demonstrating high-quality mineralisation across all metals within the deposit.

Een oud bericht maar Artemis is meer dan alleen goud!!
DeZwarteRidder
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quote:

Greedi$good schreef op 1 december 2017 09:52:

[...]Artemis Resources (ASX: ARV) --> Carlow Castle project --> The results featured high grades across all metals with one particular intercept of 4 metres grading 1.1% cobalt, 10.7 grams per tonne gold and 4.4% copper demonstrating high-quality mineralisation across all metals within the deposit.

Een oud bericht maar Artemis is meer dan alleen goud!!
Het kobalt van Artemis is verborgen onder een grote hoop watermelon seed shaped gold nuggets.
DeZwarteRidder
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quote:

easy56 schreef op 1 december 2017 15:52:

www.mining.com/web/miners-revenge-com...
Miner's revenge’ is coming with electric cars, Friedland says
‘Miner's revenge’ is coming with electric cars, Friedland says
Bloomberg News | about 18 hours ago | 2.346 | 1

Surging demand for metals like copper, nickel and cobalt for use in electric vehicles promises to overturn the balance of power between mining companies and their customers, according to billionaire investor Robert Friedland.

Automakers will have to change the way they approach procurement if they want to power their vehicles, said Friedland, who as a student befriended Steve Jobs before a career backing major discoveries from Canada to Mongolia.

“Coming soon to a theater near you: this is the revenge of the miner,” said Friedland. “No miner is willing to sell a high-volatility metal to a car manufacturer at a fixed price.”

Friedland’s Ivanhoe Mines Ltd. is developing a large copper deposit in the Democratic Republic of Congo and a platinum project in South Africa. He’s also co-chairman of Clean Teq Holdings Ltd., which has a nickel and cobalt sulphate project in Australia. Both metals are used in rechargeable-battery technologies and have surged this year on expectations for rising demand.

"Nickel sulphate and cobalt sulphate: these are the sexy commodities that we cannot live with out," Friedland said. While demand for coal and iron ore will stagnate, copper usage will continue to rise to meet environmental standards and reduce pollution, he said.
Housepartyy
0
How to Mine Cobalt Without Going to Congo

Almost 9,000 miles from the dusty Congo savanna, miners have hit on an entirely new source of cobalt -- the rare mineral at the heart of the electric-car boom. And not only can they take coffee breaks, when they take a break, they can grab a donut at Tim Hortons.

Scientists working for American Manganese Inc., located in the suburbs of Vancouver, have developed a way to produce enough of the bluish-gray metal to power all the electric cars on the road today without drilling into the ground: by recycling faulty batteries.

It’s one of many technologies that entrepreneurs are patenting to prepare for a time when electric cars outnumber polluting petrol engines, turning the entire automotive supply chain upside down in the process. Instead of radiators, spark plugs and fuel injectors, the industry will need cheap sources of cobalt, copper and lithium.

“Mining batteries is much more profitable than mining the ground,” said Larry Reaugh, the president of American Manganese, which is patenting a method to draw out all of the metals in rechargeable batteries. “Rather than mining ore that’s 2 percent cobalt, you’re mining a battery that has 100 percent cobalt in it.”

Innovators like him have made so much progress that the likes of Tesla Inc. and Toyota Motor Corp. could count on recycling for 10 percent of their battery material needs through 2025 if companies roll out large schemes, according to Bloomberg New Energy Finance. That will ease pressure on lithium and cobalt, whose prices have more than doubled in the past year.

Finding new sources of cobalt, in particular, could be a game-changer because more than half of the relatively rare metal is sourced in the Democratic Republic of Congo. Not only is it one of the world’s poorest countries, doing business there is tough after decades of violence and corruption. Some artisanal mines still use child labor.

American Manganese wants to recycle the one in 10 lithium-ion batteries -- used in everything from home electronics to smart phones -- that fail quality-control tests and end up in hazardous-waste dumps. Doing this could yield as much as 4,000 tons of cobalt, according to Reaugh. If true, that’s equal to the material used in all electric vehicles on the road this year.

Add in the 311,000 metric tons of electric car batteries that Bloomberg New Energy Finance anticipates will stop working by 2025, and the potential trove of metals grows exponentially.

Recycling could have a “stabilizing effect” on battery metal prices, said George Heppel, a consultant at London-based commodity analysis company CRU Ltd.

After surging from $10 to $30 a pound in less than two years, cobalt’s price gains are poised to slow to $32 by 2021 and $41 by 2022, according to forecasts of Macquarie Group Ltd., one of the largest banks in commodities. Pressure on lithium, sourced mainly from Chilean brine lakes, will also abate as new supply starts getting produced in Argentina and Australia.

“Recycling will help to ease supply constraints that we see coming in the next couple of years,” said James Frith, energy storage analyst at Bloomberg New Energy Finance. “It will be a big deal mainly because you wouldn’t get all the wastage going into the ground.”

That doesn’t mean miners like Glencore Plc, the world’s top producer, will need to scale back production. As the number of electric cars on roads from Shanghai to Paris surges from 2 million now to 118 million vehicles by 2030, demand for cobalt will soar to 156,000 metric tons.

By then, cars that emit less greenhouse gas than combustion engines will be everywhere. The U.K. and France plan to outlaw the sale of petrol- and diesel-powered cars by 2040. China, which is tackling one of the world’s worst air pollution problems, aims for electric cars to make up 10 percent of new sales in two years.

To really live up to their Paris Agreement goals for mitigating global warming, though, governments need to ensure that car batteries -- in some cases weighing more than 500 kilograms -- don’t leave a big environmental footprint when they die. At the moment, some companies burn expired batteries, giving off a range of toxic gases. Others even bury them in the ground.

Umicore’s lithium-ion battery recycling process
Source: Umicore

“We expect recycling will take off in 10 to 12 years when the first wave of electrified vehicles will near end of life,” said Marc Grynberg, the chief executive officer of Brussels-based Umicore, one of the few companies capable of recycling electric-car batteries at an industrial scale at a plant in Belgium.

Umicore has agreements with Tesla and Toyota to recycle their expired batteries in Europe. It uses smelting to recover minerals to make cathode materials -- the part of the battery that houses the chemical reaction and produces the electron.

At American Manganese, Reaugh says he can extract metals at a cost of about 30 cents a pound and resell them to battery manufacturers for up to $20 a pound.

Electric car batteries are harder to recycle than the traditional lead-acid variety because they comprise many materials and manufacturers often have different ways of building them. This could be a hurdle to rolling out standardized recycling schemes, according to Gavin Montgomery, a director of global metals market research at Wood Mackenzie Ltd.

British tech startups Aceleron and Powervault Ltd. are getting around this by transforming dead car batteries into packs that can be used in homes to store renewable energy derived from rooftop solar panels.

“We are not worried about these winding up in landfills,” said Louis Shaffer, renewable energy segment manager of Europe, the Middle East and Africa at Eaton Industries Manufacturing GmbH, which makes batteries. “Today, there aren’t a lot of big recycling centers set up. But like other batteries, once there’s enough out there, it will be a very good business to be in.”

Umicore and American Manganese say they’ve already overcome a major hurdle -- they can now directly recover lithium from batteries, something commercial smelting hasn’t always been able to do.

Reaugh, who spent four decades working for miners of precious and base metals in the Americas and China, is patenting a technique that removes the battery casing with robotics and soaks the cell in a chemical solution for 30 minutes to bring out the pure metals. He plans to raise $6 million next year to build a pilot plant near Vancouver.

“This is an immediate market,” he said.

www.bloomberg.com/news/articles/2017-...

Bijlage:
Housepartyy
0
Volgens bovenstaand artikel verwachten 'de geleerden' dus in 2018 en 2019 een stabiliserende en zakkende kobaltprijs.
DeZwarteRidder
0
quote:

Greedi$good schreef op 1 december 2017 19:35:

Volgens bovenstaand artikel verwachten 'de geleerden' dus in 2018 en 2019 een stabiliserende en zakkende kobaltprijs.
ik geloof daar dus helemaal niks van.
[verwijderd]
0
quote:

DeZwarteRidder schreef op 1 december 2017 19:37:

[...]
Idem voor lithium; ik geloof daar dus helemaal niks van.
De markt wel gezien de daling in de lithiumprijs en lithium-gerelateerde bedrijven.
DeZwarteRidder
0
quote:

TDL2 schreef op 1 december 2017 19:39:

[...]De markt wel gezien de daling in de lithiumprijs en lithium-gerelateerde bedrijven.
Sinds wanneer is de lithiumprijs aan het dalen...??
voda
0
Electric vehicle story continues to gather momentum

Reuters reported that the electric vehicle story continues to gather momentum, with even major oil companies scrambling to join the coming green energy revolution. But as ever more companies sign up to the bright, shiny EV future, there is rising concern about the heart of darkness in this new technology you can't power an EV without a lithium-ion battery and, for now at least, you can't make a battery without using cobalt.

And most of the world's cobalt comes from the Democratic Republic of Congo a country racked by political instability, legal opacity and, at its darkest, child labour in its mines. This concentration of supply risk, both in terms of physical units and ethical sourcing, isn't going away any time soon and could even worsen.

The DRC accounted for 66,000 tonnes of global mined cobalt production of 123,000 tonnes last year, according to the US Geological Survey. That's the official sector. There is also an artisanal stream of production, some of it using child labour and some of it controlled by insurgent militias.

Quite how much cobalt this grey sector generates is the main "known unknown" in any analysis of world production. But it is an undisputed fact that it has been seeping into the official supply chain for years.

Speaking at a London Metal Exchange seminar in October, Mr Tony Southgate, head of cobalt marketing at Eurasian Resources Group, warned that "it's almost inevitable (...) there are mobile phones in this room" containing cobalt from child labour in the DRC.

The issue has moved to the top of the LME's own agenda after complaints that one of its registered brands, produced by China's Yantai Cash Industrial, could include metal sourced from the dark side of the DRC cobalt sector.

The LME has written to producers asking for assurances on ethical and socially responsible minerals sourcing, while Yantai told the Financial Times that it is conducting its own due diligence exercise.

Frankly, if the rest of the world could, it would happily not source any cobalt from the DRC.

And the likes of Tesla and Apple are trying to do just that, working with potential future producers in Canada and the United States to create their own cobalt supply chains.

There is no shortage of junior miner contestants in this ethical cobalt beauty contest, but right now the DRC is the dominant producer. And it's going to remain so for the foreseeable future.

Six of the top 10 cobalt-producing assets last year were located in the DRC, according to S&P Global Market Intelligence.

In 2022 the number will rise to nine out of the top 10, it forecasts.

Quite simply, unless someone works out how to engineer cobalt out of the lithium-ion battery, the world is going to need a lot more cobalt and it's still going to get most of it from the DRC.

Source : Reuters
[verwijderd]
0
quote:

DeZwarteRidder schreef op 1 december 2017 19:42:

[...]
Sinds wanneer is de lithiumprijs aan het dalen...??
Sinds medio november
[verwijderd]
0
www.cobaltblueholdings.com/december-2...

Cobalt Blue Holdings (ASX: COB) is pleased to provide initial assays from its major 2H 2017 resource definition drilling program underway at the Thackaringa Cobalt Project NSW.

Railway Drilling Program confirms grade continuity at depth and along strike
[verwijderd]
0
Vermogensbeheerder ETF Securities voorziet voor 2018 niet veel schommelingen op de grondstoffenmarkt. Er zal wel veel vraag zijn naar lithium, kobalt en zeldzame grondstoffen.
Dat blijkt uit de outlook op 2018 van de leverancier van passieve beleggingsproducten. Natuurlijk wordt er daarbij ook gekeken naar de twee grondstoffen met de grootste markten: olie en goud.
En eerlijk gezegd kunnen we daar vrij kort over zijn: bij die twee grondstoffen gaat er niet zo veel gebeuren, verwacht ETF Securities. De goudprijs zal in 2018 'over het algemeen vlak zijn' en 'de uitputtingsslag tussen de VS en de OPEC' maakt dat de vermogensbeheerder ook weinig kans ziet voor stijgingen in de olieprijs.
De actie zal vooral moeten komen uit de hoek van minder gangbare grondstoffen. In 2017 zagen we bijvoorbeeld een opleving van lithium en kobalt. Deze grondstoffen zijn essentieel voor de productie van batterijen en door de steeds hogere verwachtingen van onder meer elektrische auto's.
Op basis van die revolutie voorziet ETF Securities ook nog een aantrekkende vraag. Namelijk naar grondstoffen die nodig zijn voor moderne technologieën die voertuigen technologieafhankelijk en autonoom gaan maken. Het gaat om de zeldzame grondstoffen yttrium en praseodymium.

Strateeg James Butterfill zegt hierover: "Misschien is de interessantste nieuwe generatie grondstoffen ook de minst bekende: de zeldzame grondstoffen. Ondanks hun onbekendheid bij de meeste mensen, is deze groep integraal onderdeel geworden van de productie van moderne technologieën in vele industrieën, waaronder medicijnen, defensie, transport en energieopwekking. Zij zijn ook al belangrijk in ons dagelijks leven, via elektronica en mobiele apparaten. Met een groeiende mondiale middenklasse, gecombineerd met de opkomst van automatisering, zal een veelvoud van grondstoffen met moeilijke namen zoals - zoals yttrium en praseodymium - een centrale rol in onze moderne levensstandaard spelen."

www.finanzen.nl/grondstoffen/nieuws/O...
DeZwarteRidder
0
If the two deals complete, MTC plans to use the funds raised to prove up a maiden resource at its Cancet Lithium Project as well as commence maiden drilling at the Adina Lithium Project.

Early this year prominent metals and mining analyst Gavin Van Der Wath gave MetalsTech (ASX:MTC) a screaming BUY, attaching a share price target of $0.97 per share. Now that MTC seems to have a bidding frenzy on their hands from Chinese end-users, I wonder what Gavin thinks now?

Every cloud has a cobalt lining…..

MTC has also secured an exciting cobalt portfolio in Ontario near a little known town called Cobalt! Its Bay Lake Cobalt Project boasts assays of over 15% cobalt in silver-cobalt veins. That is not a typo… 15%. Now if you are an investor that likes to take grab sample assays with a grain of salt… understandable… so what is a reasonable target for grade on a decent tonnage basis?

MTC is looking to answer this question. They are quietly confident having recently discovered that the Bay Lake project tailings dumps on site have assayed over 2% cobalt.

If this wasn’t enough, MTC recently announced that they have taken out an option on the Rusty Lake Cobalt-Silver Mine and are currently moving through due diligence. Cobalt…Silver…Nickel. Brace yourself for these results as an indication of potential prospectivity of what is a historically producing mine: •4.38% Co, 85.7g/t, Ag, 2.08% Ni (stockpile off main mine shaft)
•6.08% Co, 3540g/t Ag, 8.64% Ni (stockpile off main mine shaft)
•3.26% Co, 478g/t Ag, 1.31% Ni (stockpile off main mine shaft)
•6.04% Co, 38.9g/t Ag, 1.6% Ni (stockpile off main mine shaft)
•11.85% Co, >10,000g/t Ag, 2.97% Ni (angular boulder)
•9.92% Co, >10,000g/t Ag, 3.93% Ni (angular boulder)
•6.33% Co, 69.1g/t Ag, 4.79% Ni (stockpile grab coarse)
•3.8% Co, 34.8g/t Ag, 3.93% Ni (stockpile grab coarse)
•5.08% Co, 19.4g/t Ag, 0.44% Ni (angular boulder)
•5.65% Co, 44.4g/t Ag, 0.48% Ni (angular boulder)
•1.47% Co, 30.9g/t Ag, 3.52% Ni (NE trench)
The cobalt assets are expected to be wrapped up in a wholly-owned subsidiary which MTC will separately list on the ASX under the name “iCobalt Limited” with Alto Capital in Perth being appointed Lead Manager to the IPO. MTC shareholders are expected to receive special treatment from a Priority Offer as well as exposure to a potential in-species distribution of iCobalt shares.
ubu
0
December 06, 2017 09:17 PM Eastern Standard Time
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Katanga Mining Limited (OTC: KATFF) from February 11, 2016 through November 19, 2017, both dates inclusive (the “Class Period”) of the important January 29, 2018 lead plaintiff deadline in the first filed class action commenced by Rosen Law Firm. The lawsuit seeks to recover damages for Katanga investors under the federal securities laws.

To join the Katanga class action, go to www.rosenlegal.com/cases-1244.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Katanga engaged in improper accounting practices; (2) there were material weaknesses in Katanga’s internal control over financial reporting; and (3) as a result, Katanga’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. (http://www.businesswire.com/news/home/20171206006443/en/KATANGA-INVESTOR-ALERT-Rosen-Law-Firm-Reminds)
adri67
0
Katanga Mining Announces Commissioning of the Core of the First Train of Whole Ore Leach Plant and Provides an Operational Update

Canada NewsWire

ZUG, SWITZERLAND, Dec. 11, 2017

ZUG, SWITZERLAND, Dec. 11, 2017 /CNW/ - Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") today announces that it has successfully completed the hot commissioning of the core of the first train of its new whole ore leach ("WOL") processing facility at its subsidiary Kamoto Copper Company's ("KCC") copper and cobalt mine in Lualaba Province, DRC. The Luilu site where the WOL and electro-winning plants of KCC are located, successfully produced its first copper cathode on December 11th, 2017.

Copper and cobalt production at KCC has been suspended since September 2015 pending the construction of the WOL project. A progressive ramp-up and commissioning of the remainder of the first train is expected to follow over the ensuing three months, with the objective of achieving full capacity on the first train by the end of Q1 2018.

Johnny Blizzard, Chief Executive Officer of Katanga, commented: "We are very pleased to have met our anticipated budget and timetable for commissioning the first train of our new plant and are optimistic that the tangible improvements from using a whole ore leach processing circuit will be seen in the near future. We look forward to ramping up to full production capacity of the first train. The construction of the second train of the WOL plant is also on schedule and budget and hot commissioning is still expected to commence in H2 2018."

Separately, the Company announces today that its board of directors ("Board") has approved capital expenditure budgets for the engineering and construction of an upgraded cobalt processing plant (the "Cobalt Debottlenecking Project") and a sulphuric acid production plant at KCC, as described below.

The Board approved US$15.8 million in capital expenditures to engineer and construct a facility designed to reduce throughput bottlenecks in its existing cobalt processing circuit at KCC to align with the life of mine cobalt production plan of 30,000 tonnes per annum average annual cobalt production. The Board also approved US$49 million for cobalt product dryers as part of the cobalt production circuit. The hot commissioning of the projects are expected to commence in Q4 2018.

Subject to the successful completion of the second train of the WOL plant and of the Cobalt Debottlenecking Project, both of which hot commissioning is expected to commence in H2 2018, the Company anticipates the following production forecast for the next three financial years, at the end of which period, it expects to have a first quartile cost position within the global copper industry cost curve:

Commodity Units Production Guidance
FY 2018 FY 2019 FY 2020
Copper kt 150 300 300
Cobalt kt 11 34 32

The Board also approved US$237 million in capital expenditure spread over 2018 and 2019 to construct a Sulphuric Acid and Sulphur Dioxide production plant at KCC. This will improve the reliability of the supply of these reagents to the WOL processing circuit. The acid plant is designed to produce 1,900 tpd of of Sulphuric Acid, 200 tpd of Suphur Dioxide and 17MW co-generated power. This will reduce KCC's reliance on imported volumes of reagents brought to the mine through various international borders. The Internal Rate Of Return (IRR) for the Sulphuric Acid and Sulphur Dioxide production plant project is expected to be approximately 60%. The hot commissioning of this plant is expected to commence in H2 2019.

About Katanga Mining Limited
Katanga Mining Limited operates a major mine complex in the Democratic Republic of Congo producing refined copper and cobalt. The Company has the potential to become Africa's largest copper producer and the world's largest cobalt producer. Katanga is listed on the Toronto Stock Exchange under the symbol KAT.
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