Mining News

Cobalt Powerhouse Doubles Down on Nickel – by Mark Burton (Bloomberg News – February 16, 2022)

https://www.bnnbloomberg.ca/ (Bloomberg) — Specialty metals refiner Umicore SA is enjoying record profits as battery materials boom, but the company is racing to avert a slowdown in sales as its cobalt-heavy chemicals fall out of favor with carmakers. The Brussels-listed company, which has been refining cobalt for more than 100 years, says the burgeoning electric-vehicle industry …

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