cobalt

Latest news and articles about cobalt from NEX English

Warn of Risks from Critical Minerals Impacting Global Economy

Turkish Minister of Industry and Technology, Muhammad Bulat, warned about the risks posed by increasing reliance on critical minerals like <strong>lithium</strong> and <strong>cobalt</strong> on the global economy. These statements come amid rising trade protectionism and its effects on economic transformations.

American Acquisition of Congolese Copper and Cobalt Mines for $700 Million

The Trump administration announced the acquisition of the Congolese company Chemif by an American firm in a deal valued at <strong>$700 million</strong>. This move reflects Washington's strategy to enhance its influence in the rare minerals sector, particularly copper and cobalt, amid growing Chinese expansion.