R/€ = 16.89 Change: 0.01
R/$ = 14.52 Change: 0.01
Au 1768.78 $/oz Change: -12.49
Pt 1042.39 $/oz Change: -16.36


Insurer first company outside cobalt supply chain to join Fair Cobalt Alliance

By: Donna Slater     19th October 2021 Multistakeholder action platform the Fair Cobalt Alliance (FCA) has welcomed Netherlands-based insurer AnsvarIdéa to its membership.                                     The FCA is committed to developing responsible and fair supply of artisanal mined cobalt from the Democratic Republic of Congo... 

Aus needs battery hubs - report

By: Esmarie Iannucci     19th October 2021 Australia would need a coordinated and strategic approach to accelerate hub development and streamline industrial and governance processes in order to attract investment into downstream production, and to compete with the global battery manufacturing industry, a new report has shown. The... 

ABB leads the way in developing new technology to drive our e-mobility future

18th October 2021 By Yuri Ramsamy, Product Marketing Specialist, ABB South Africa Transportation is a major contributor to CO2 emissions globally, accounting for about 24% of total emissions come from this important sector. Of this figure, more than 75% is from road transportation in the form of cars, trucks and... 

IDC's approval of R1bn post-riot business recovery funding to sustain 22 493 jobs

By: Schalk Burger     18th October 2021 The Industrial Development Corporation (IDC) says approvals for Post-Unrest Business Recovery Funding have surpassed R1-billion and will sustain 22 493 jobs. The agency said the fund was established to help affected businesses in a variety of sectors, including retail, manufacturing and... 

Vulcan signs another lithium deal

By: Esmarie Iannucci     18th October 2021 ASX-listed Vulcan Energy has inked a binding lithium hydroxide offtake agreement with cathode materials producer Umicore at its Zero Carbon lithium project, in Germany. The agreement spans an initial five-year term, starting with commercial delivery in 2025. Umicore will purchase a minimum of 28... 

Sayona settles Moblan buy

By: Esmarie Iannucci     18th October 2021 Lithium developer Sayona Mining has completed the $86.5-million acquisition of a 60% stake in the Moblan lithium project, in Northern Québec. The ASX-listed company is now planning an additional drilling program at Moblan next year aiming to expand its lithium resource, and will undertake a... 

Hydrogen fuel cell has inexhaustible future, says Fortescue’s Andrew Forrest 

By: Martin Creamer     15th October 2021 The hydrogen fuel cell has an inexhaustible future as a means of maintaining the planet’s high standard of living, said Fortescue Metals Group chairperson Andrew Forrest during a global online symposium this week. “Our little planet’s cooking, the world’s impatient and there’s any amount of... 

Jaguar Land Rover trials world-first digital supply chain for leather using blockchain technology

By: Irma Venter     15th October 2021 Jaguar Land Rover has trialled the use of secure blockchain technology “to ensure full transparency within a sustainable leather supply chain”. In the world-first, the British automaker partnered with supply chain traceability provider Circulor, UK leather manufacturer Bridge of Weir Leather... 

Steel demand expected to return to pre-pandemic levels this year

By: Schalk Burger     15th October 2021 This year has seen a stronger-than-expected recovery in steel demand, leading to upward revisions in the World Steel Association's (worldsteel's) forecast across the board except for China. "Owing to this vigorous recovery, global steel demand outside China is expected to return to its... 

Rio adjusts production expectations following tough quarter

By: Esmarie Iannucci     15th October 2021 Mining major Rio Tinto has seen production declines across its portfolio of commodities during the three months to September, and has adjusted some of its targets for 2021. “It has been another difficult quarter operationally and despite improving versus the prior quarter, we recognise the... 

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