The U.S. Department of Defense (DoD), on June 15, entered into an agreement with the United States arm of Australian miner Jervois Global Limited to conduct feasibility studies to expand cobalt extraction in Idaho. The $15 million funding agreement will enable Jervois Mining USA to undertake mineral resource drilling to expand currently known cobalt resources…
California Zero-Carbon Mandates Boost China’s Control of Cobalt
May 22, 2023
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Commentary Before California’s government imposed its zero-carbon by 2035 vehicle mandate, it first should have assured itself a secure market in cobalt. Otherwise, the main beneficiary will be the People’s Republic of China, which dominates the market in cobalt, a key mineral needed for batteries. That’s the conclusion I draw from a new book, “Cobalt…
US-Congo Agreement Can Help Fix African Country’s Corrupted China-Dominated Cobalt Industry: Experts
News Analysis The United States signed a memorandum of understanding (MoU) with the Democratic Republic of the Congo (DRC) and Zambia late last year. The agreement was intended to facilitate the development of electric vehicle battery supply chains, which involve the mining of critical minerals such as cobalt and copper. The agreement has raised concerns…
US-Congo Agreement Can Help Fix African Country’s Corrupt China-Dominated Cobalt Industry: Experts
News Analysis The United States signed a memorandum of understanding (MoU) with the Democratic Republic of the Congo (DRC) and Zambia late last year. The agreement was intended to facilitate the development of electric vehicle battery supply chains, which involve the mining of critical minerals such as cobalt and copper. The agreement has raised concerns…
Podcast Reveals Modern Day Slavery at CCP-Controlled Cobalt Mines in the Congo
December 28, 2022
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AfricaBusiness & MarketsChinaChina Human RightscobaltCompaniesCongoeconomic policiesEnvironmentGlobal ExpansionGold and CommoditiesInternational RelationsInvestmentMarketsModern SlaveryScienceSpecial TopicsWorld
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A revealing podcast has again brought to light the problem of slavery at Chinese Communist Party (CCP)-owned cobalt mines in the Congo and the hypocrisy of green energy advocates. Siddharth Kara, author of Cobalt Red: How The Blood of The Congo Powers Our Lives and a visiting Harvard professor, told his host Joe Rogan about his research and…
Idaho Cobalt Belt Explored as New Frontier of Ethically Sourced Rare Earth Minerals
December 16, 2022
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Business & MarketscobaltCompaniesDemocratic Republic of Congoeconomyelectric vehicle (EV)EnvironmentInvestmentRegional NewsRegional-Local NewsScienceUSUS News
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An electric battery technology company has expanded its search for domestic cobalt to Idaho. The Toronto-based Electra Battery Materials Corporation announced on Wednesday that it has acquired a 5.3-square-kilometer (just over two-square-mile) land package that will allow for more exploration of cobalt near the company’s current excavation efforts in the Idaho Cobalt Belt (ICB), a…
South Carolina Incentivizes Electric Vehicle and Battery Production
December 6, 2022
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Business & MarketscobaltCompanieseconomyElectric VehiclesenergyInflation Reduction ActInvestmentSouth CarolinaUSUS News
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South Carolina has joined the growing list of states that are incentivizing the production of electric vehicles and their batteries. On Dec. 6, Republican Gov. Henry McMaster and Envision Automotive Energy Supply Company—a Japanese electric vehicle battery technology company—announced an $810 million investment in Florence County to build a battery cell plant that McMaster said…
South Korean Companies Enter US Waste Battery Recycling Business to Reduce Mineral Dependence on China
September 17, 2022
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Asia & PacificBusiness & MarketscobaltCompaniesElectric VehiclesEV batteriesInflation Reduction Actlithiumlithium batteriesMarketsNickelSouth KoreaWorld
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Amid the rising global demand for electric vehicles and the U.S.’s passage of the Inflation Reduction Act, many South Korean companies have entered the U.S. battery recycling market. And those that rely heavily on China for key minerals are diversifying their supply chains, and one of their solutions is reusing waste batteries. The Inflation Reduction…
Bloody Batteries: China’s Exploitation of Congolese Children for Cobalt in Electric Car Batteries
July 27, 2022
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bloody batteriesCCPChinaChina InsiderChinese CompaniesClimate PoliciescobaltcongoleseDemocratic Republic of CongoElectric carsEpochTVFordGlobal ExpansionGMInfiltrating the WestInternational RelationsNew York TimesSocial IssuesSpecial TopicsTech CompetitiontechnologyteslaThreat from Communist ChinaUS-China relations
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bloody batteriesCCPChinaChina InsiderChinese CompaniesClimate PoliciescobaltcongoleseDemocratic Republic of CongoElectric carsEpochTVFordGlobal ExpansionGMInfiltrating the WestInternational RelationsNew York TimesSocial IssuesSpecial TopicsTech CompetitiontechnologyteslaThreat from Communist ChinaUS-China relations
Mining companies backed by the Chinese regime are using Congolese children to mine cobalt, a key component in electric car batteries. Are American carmakers helping China to exploit African children? China dominates the world’s cobalt processing. In the Democratic Republic of Congo, there are unsafe working conditions, pay of less than $1 a day, injuries,…
Beijing and Chinese Companies Seek to Control Africa’s Rich Lithium and Cobalt Mines
The Chinese Communist Party (CCP) is stepping up its efforts to seize and control Africa’s natural resources. In particular, Chinese companies have accelerated their acquisition of lithium mines as lithium is an essential material used in the production of electric car batteries. A news release published in China’s The Paper last May indicated BYD Company,…
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