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Factbox-Chinese and other cobalt mines boosting output despite price slide - Vimarsana News

Factbox-Chinese and other cobalt mines boosting output despite price slide

A fall in the price of cobalt, a silvery-blue metal used in electric vehicle (EV) batteries, electronics and the defence sector, has yet to deter many Chinese-owned and other mines from expanding or maintaining output.Most of the expansions are in the Democratic Republic of Congo (DRC), the dominant produ

Analysis-China turbo-charges cobalt mine output despite price crash - Vimarsana News

Analysis-China turbo-charges cobalt mine output despite price crash

By Eric Onstad LONDON (Reuters) - Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia even while prices crash, as ...

Source: wkzo.com
Trafigura staff knew about nickel fraud, Gupta says in court document - Vimarsana News

Trafigura staff knew about nickel fraud, Gupta says in court document

Employees at commodity trader Trafigura worked with Indian businessman Prateek Gupta to keep secret a deal to substitute scrap and other low-value metal for nickel, Gupta alleged in a court document... -December 05, 2023 at 08:18 am EST - MarketScreener

Trafigura's lawsuit against businessman Gupta in alleged fraud over nickel - Vimarsana News

Trafigura's lawsuit against businessman Gupta in alleged fraud over nickel

Indian businessman Prateek Gupta asked a London judge on Tuesday to lift an order freezing his personal and business assets, alleging that commodity trader Trafigura failed to disclose full... -December 05, 2023 at 12:33 pm EST - MarketScreener

Trafigura lent nickel receipts to uninvolved firms, Gupta says in court document - Vimarsana News

Trafigura lent nickel receipts to uninvolved firms, Gupta says in court document

Commodity trader Trafigura used shipping receipts from nickel trades to boost profits by lending them to companies not involved in the transaction to raise financing, Indian businessman Prateek Gupta... -December 05, 2023 at 02:42 pm EST - MarketScreener