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DRC, Zimbabwe
3T leader AfriMet plans to break into battery metals

AfriMet, which has pumped half a million dollars into lithium developer Tantalex Resources in the DRC, is keen to get involved in other countries rich in the metal, with Zimbabwe top of the list. The move is a way of diversifying into battery metals, which are in great demand for electronics, a sector AfriMet already serves as a "3T" trader. [...]

Published on 15.12.2020 at 05:00 GMT Reading time 2 minutes

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Mining

Set up email notifications for these topics

DRC
AfriMet Resources
Eric Allard
Hadley Natus
MagMinerals
Robert Mugabe
Tantalex Resources
Trafigura

Africa, Germany
BMW, Volkswagen and BASF skirt around DRC's cobalt for their electric vehicles

Repelled by DRC mines' bad reputation, BMW has turned to Morocco and Australia for its cobalt supplies, while Volkswagen prefers to deal with Chinese battery manufacturers. At the same time through their supplier BASF, the car makers are funding a project to support Congolese artisanal mining cooperatives, managed by German development agency GIZ.

Subscribers only Mining Commodity traders 21.02.2022

Artisanal miners work at Tilwizembe, a former industrial copper-cobalt mine outside Kolwezi, Lualaba province, DRC.

DRC
Klaus Eckhof circles back to Manono's lithium

The German-born businessman-geologist has a history of arranging mining deals in the DRC. Now he has joined Tantalex Resources, which is exploring for lithium in Manono, just next to the concessions held by a company he used to work for:

Subscribers only Mining 24.01.2022

Algeria, Tunisia
New Stellantis regional manager facing baptism of fire

Hakim Boutehra, director of the new European automobile giant's Maghreb activities, will start the job facing an explosive law suit in Tunisia with Citroën and a blocked factory in Oran for Peugeot amid a brewing diplomatic crisis between France and Algeria.

Subscribers only Business 05.05.2021

Great lakes
Producers and foreign buyers clash over mineral traceability costs

Concerns over the unequal distribution of the cost of checking the origins of "3T" minerals between upstream operators in the African Great Lakes region and downstream operators outside the region have become increasingly acute as a result of Covid-19 and the increase in world tin prices.

Subscribers only Mining 22.04.2021

Southern Africa
Buoyed by Elon Musk, southern Africa readies for nickel rush

Southern Africa's nickel miners are in the starting blocks after billionaire Elon Musk recently voiced concerns that supply may not match a future boom in electric batteries.

Subscribers only Mining 06.04.2021

Congo
Bittersweet victory for ex-CEO of Canada's MagIndustries

Though he has won his litigation against MagIndustries, Longbo Chen will have a hard time obtaining the $700,000 compensation award from his former employer. The Canadian firm's parent company is in liquidation and its owner is under arrest in China.

Subscribers only Mining 02.04.2021

Zimbabwe
Victoria Falls Stock Exchange courts junior miners

Backed by an enthusiastic President Emmerson Mnangagwa, the young Victoria Falls Stock Exchange is stepping up its efforts to attract international mining investors and is bending over backwards to appeal to juniors on Anglo-Saxon exchanges.

Subscribers only Mining 22.03.2021

Tanzania
Smedvig and von Christierson bet on Barrick and Glencore's former project Kabanga Nickel

Norwegian multi-millionaire Peter Smedvig and South African art collector Chris von Christierson recently bought the Kabanga Nickel project in Tanzania, along with their partner Keith Liddell. The acquisition is the latest of their investments in battery metals.

Subscribers only Mining 05.02.2021

DRC
Mining minister Willy Kitobo ordered to explain Kivu tensions

A Nord-Kivu MP has taken the mining minister to task over his handling the Masisi area of Nord-Kivu province, where coltan and cassiterite mines have long been sites of unrest. The admonishment should been seen in the context of the ruling coalition's fragmentation.

Subscribers only Mining 30.11.2020

DRC
Zoé Kabila aspires to transform Tanganyika into the new Haut-Katanga

Zoé Kabila, the brother of the ex-Congolese president, has grand ambitions for his term as governor of Tanganyika: to create the conditions for his province to become a DRC mining and industrial hub and thereby establish the family stronghold as a leading commercial player in the country.

Subscribers only Mining 13.11.2020

Zoé Kabila, governor of the Congolese province of Tanganyika.

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DRC
AfriMet Resources
Eric Allard
Hadley Natus
MagMinerals
Robert Mugabe
Tantalex Resources
Trafigura

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