Zambia’s entire economy is dependent on copper. It has been like this since the country attained independence in October 1964. Copper defines Zambia. Since privatisation in early 90s, the mining sector has attracted Canadian, Chinese, Indian, Australian and American mining companies. At some stage, Zambia was the biggest African producer of copper until the Democratic […]
Green Energy
Idaho could offer cobalt that’s clean, reliable and not mined by children
The huge demand worldwide for electric cars and smartphones is moving Idaho closer to opening the nation’s only cobalt mine. Cobalt prices have quadrupled over the last two years to $40 a pound, buoying the efforts by Canadian-based eCobalt to finally launch its Idaho Cobalt Project 22 miles northwest of Salmon. The company will decide […]
Samsung in talks for multi-year cobalt deal from Congo
Samsung C&T Corp, an affiliate of the world’s biggest smartphone maker, is in talks for a multi-year deal to buy cobalt from a Congolese miner, joining Apple Inc in the global rush to secure supplies of the metal at the heart of the electric-car boom. Samsung C&T has approached Somika SPRL to buy cobalt produced at its Kisanfu […]
The world’s first listed energy storage investment fund, which works with firms such as Tesla, is floating in London to raise £100m
Battery innovation driven by firms such as Tesla is bringing benefits for grid power supply (Source: Getty) Gore Street, the world’s first listed investment fund to focus solely on energy storage, has announced today it will float in London raising £100m. The fund will invest in facilities of lithium ion batteries, created by firms such […]
ABS Classes First Offshore Vessel in GOM to Use Hybrid Power
ABS today announced it was selected by SEACOR Marine to class the first offshore support vessel (OSV) in the Gulf of Mexico (GOM) to operate using hybrid power. SEACOR requested the BATTERY-Li notation for its Maya OSV currently operated by Mantenimiento Express Maritimo SAPI de CV (MEXMAR), SEACOR Marine’s joint venture in Mexico. The OSV […]
Off grid, but light at the end of a lithium ion battery
Kaho India lights up homes in the remotest parts of the country “There is nothing more satisfying than seeing that you have made a difference to someone with what you have done,” says Subhag Jain, CEO of Kaho India. “It is a feeling we get when we see people who have never had access to […]
