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Artisanal and small-scale mining plays a critical role in supplying the world with minerals vital for decarbonization, but this kind of mining typically lacks regulation and can be socially and ...
London Metal Exchange (LME) cobalt has imploded from a high of $82,000 per metric ton in April 2022 to $21,550, the lowest level since the contract was launched in 2010.
Some three quarters of the word’s supply of cobalt comes from the Democratic Republic of the Congo, where children as young as 10 years old help extract the metal from hand dug shafts in the ...
The admin is signing peace and economic pacts today with countries that should be bursting with investment, not swimming in blood.
She noted mining has also led to widespread deforestation and toxic pollution. The film, "CRITICAL MINERALS: Creating a Just & Sustainable Clean Energy Transition," will be screened at the Social and ...
The financial hit for Congo was significant: mining royalties from cobalt hydroxide fell more than 40% to $409 million in 2023, according to Resource Matters, a research and advocacy group, even ...
Financial troubles hit US-backed cobalt producer By Hannah Northey | 01/06/2025 01:24 PM EST . Australia-based Jervois Mining, which is trying to develop the nation’s first cobalt mine in Idaho ...
She said more than two-thirds of the world’s cobalt is mined in the Democratic Republic of the Congo. “DRC really depends on the tax revenues that are associated with mining.
Item 1 of 3 Samples of rocks drilled at a cobalt mining site operated by Jervois Global are seen at a facility, west of Salmon, Idaho, U.S. May 16, 2024. REUTERS/Carlos Barria/File Photo ...