Cobalt ends year on volatile note; some long-term negotiations drag on: 2023 preview
Originally posted on Fastmarkets.com Source: Fastmarkets, Cobalt standard grade, in-whs Rotterdam, $/lb Volatility was one of the main themes for cobalt prices in 2022 and market participants will take a wait-and-see approach toward long-term supply contracts in the coming year. Supply tightness, geopolitics and logistics constraints pushed prices to record highs in the first half […]
Study Says Vanadium Redox Flow Batteries Have a Smaller Carbon Footprint Compared to Lithium-ion Batteries
Originally Posted on copperbeltkatangamining.com A life-cycle assessment (LCA) study executed by the independent consulters Denkstatt, Vienna, for Enerox / CellCube, reveals that Vanadium Redox Flow Batteries excel with a highly favorable environmental footprint for large-scale energy storage solutions compared to lithium-ion battery technology. Battery energy storage systems (BESS) are important puzzle pieces of the energy […]
Surging molybdenum price adds weight to new year rally for copper producers
Originally Posted on Mining.com Euhedral, hexagonal molybdenite on quartz, from Molly Hill mine, Quebec, Canada. The large crystal is 15mm across. Image: John Chapman, Creative Commons Copper prices started the new year with a bang – touching fresh six-month highs on Tuesday. Copper for delivery in March touched $4.0795 per pound or just shy of […]