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FortuneJimon Feb 16, 2018 10:54am
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Today’s Fortune Cobalt News
Today’s Fortune Cobalt News | |
| Click on blue article title to read full story. | | | | Fortune In The Media | | | | Unknown - February 16, 2018 The two-year construction of the Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories, could start in early 2019 on receipt of the project financing and remaining regulatory approvals, which are expected later this year. “The preferred partner would have a strategic need to procure a reliable supply of cobalt sulphate battery chemicals.”…He says the new feasibility study is nearing completion to support negotiations with potential strategic partners interested in securing a reliable and ethical supply of battery-grade cobalt sulphate from a Canadian vertically integrated source with supply chain transparency. Production could start in 2021 – when the world’s automotive companies will intensify the mass production of electric vehicles, states Goad. | | | | | Cobalt | | | | Bloomberg - February 15, 2018 Government to fund project to map potential mineral reserves Battery technology seen fuelling demand for lithium, cobalt The government will invest 10 million kronor ($1.26 million) over the next two years to map the existence of minerals deemed important for future growth. While Sweden has a history of mining for base metals The plan is part of a global push to safeguard the supply of critical metals and reduce the world’s dependence on the Democratic Republic of Congo for cobalt. The conflict-ridden African country currently produces the vast majority of cobalt, often in small mining operations where injuries and child labor are common…If each of the 1 billion cars currently on the road were to be replaced with a Tesla Model X, demand for cobalt would equal 14 million tons -- twice the size of the current global reserves, according to a study by commodity analysts CRU Group. Even a more realistic scenario of 30 million electric cars by 2030 would require output to be more than trebled from its current levels. | | | | | EVs & Energy Storage | | | | Visual Capitalist - February 15, 2018 The Future of Automobile Innovation Since the invention of the internal combustion engine, there have been many incredible innovations made in the auto industry. Manufacturers created new body styles and market segments, automatic transmissions and power steering were introduced, and safety Automation and the shared economy will change how the entire commuting model works. Meanwhile, an increased penetration of EVs will have an impact well beyond the engine, as charging infrastructure needs to be added, battery supply chains need to be created, and as legacy auto parts become obsolete. | | NDTV.com - February 16, 2018 British appliance manufacturer Dyson has confirmed that the company is planning to invest GBP 2 billion (over 18,000 crore) to launch its...... to launch its first electric car with a solid state battery by 2020. In all, the company has planned three electric vehicles, but initially, The company has a three-car electric roadmap but the first electric car under the Dyson name may not use solid state batteries…Contrary to previous claims, Dyson has decided against using solid state batteries for its first model and is instead planning to introduce them in later models…The company has been working on alternate battery solutions for some time and even bought Sakti3, a solid state battery company, to aid its research. | | TechRadar - February 15, 2018 High-performance machines, premium technology and a problem solving approach 15 cyclone technology that it's based on. The Nickel Cobalt Alumium batteries that actually power the device is how these vacuum cleaners It doesn't matter if you want to clean your car, the sofa, marble floors or carpets, the Dyson cord-free vacuum cleaner is the one-stop solution for all yours needs...The Nickel Cobalt Alumium batteries that actually power the device is how these vacuum cleaners have powerful but fade free suction. | | Yahoo! News Canada - February 15, 2018 - Volkswagen is looking at Apple products for guidance on how to style its new generation of electric cars, its top designer said, as the automaker aims to turn profits on battery-powered vehicles when they launch in 2020. "We are currently redefining the Volkswagen values for the age of electrification," Klaus Bischoff, head of VW brand design, said in an interview. "...With regulators slashing emissions on a fast timetable, dieselgate has also energized the costly shift to EVs that is necessary to compete in China, VW's largest market, and to avoid future fines in Europe…Previously a laggard on electrification, VW has pledged 34 billion euros ($42.45 billion) of investment in EVs, self-driving technology and digital mobility businesses across the group by 2022. | | | | | | |