Jervois is a leading cobalt company with significant nickel and copper exposure, refinery assets and growth opportunities.
In this report on ASX listed cobalt stocks we cover which companies are exploring and mining the commodity, including a market overview of cobalt demand.
99% of all cobalt is mined as a by-product of nickel and copper mining. For new cobalt to enter the market, these mines require an increase in nickel and copper prices. In Australia, most nickel laterite projects require high pressure acid leaching (HPAL) to liberate the nickel and cobalt metals from the minerals.
Wholly owned by Glencore, we are one of Australia's largest nickel and cobalt producers. Our Murrin Murrin operation is located about 880 kilometres east of Perth in the north-eastern Goldfields region of Western Australia, responsibly producing high grade, refined nickel and cobalt.
The Goongarrie Project, within the KNP, was remodelled to maximise resource utilisation and nickel-cobalt production with the Goongarrie Hill and Highway deposits being the current test work focus. KNP's resource now stands at 830Mt at 0.71% nickel and 0.46% cobalt (5.9Mt nickel, 380kt cobalt).
Australia exported approximately $90,900 worth of cobalt ore in 2021, mainly to Malaysia, and imported cobalt primarily from the UK and Finland. Glencore's Murrin Murrin nickel-cobalt mine in saw 14% year-on-year growth in cobalt output in 2020, helping push Australia to become the third-largest producer of cobalt in the world.
The silvery-blue metal – which derives its name from the German word "kobald", meaning goblin – is typically mined as a by-product of copper or nickel, although small-scale artisanal cobalt mining is an increasingly-common practice in some parts of the world. The six largest cobalt reserves in the world by country . 1.
Glencore's Murrin Murrin mine in Western Australia, which produces cobalt alongside nickel, is the largest operation for the metal in the country, although a …
Glencore is aiming to supply the electric vehicle industry with ethical nickel and cobalt, demonstrating the mining industry's commitment to having a positive social impact.
Earlier this month, First Quantum Minerals Ltd. said it will halt mining at its nickel and cobalt operation in Australia and cut a third of the workforce in response to weaker metal prices and ...
World terrestrial resources of cobalt are 25 million tonne, with the vast majority of the resource in sediment-hosted stratiform copper deposits in Congo and Zambia. In Australia resources of 1 Mtonne of cobalt metal occur mainly in lateritic nickel deposits, also magnetic Ni-Cu sulfide deposits in mafic and ultramafic rock. Cobalt in South ...
Australia is the fourth largest producer of cobalt, with one of the world's largest in-ground reserves and a proven mining industry set up to support it. Perhaps …
Globally significant nickel and cobalt Mineral Resource at the Kalgoorlie Nickel Project (KNP) with Mineral Resource 6.1Mt contained nickel and 386kt contained cobalt (plus …
Australia is throwing a lifeline to its under pressure nickel mining sector, but the solution on offer is more of a band aid than the needed major surgery, the …
Lithium junior Riversgold (ASX:RGL), nickel-cobalt developer Ardea (ASX:ARL), and iron ore play MacArthur (ASX:MIO) are running red-hot.
Goongarrie nickel-cobalt project, located 85km from Kalgoorlie, Australia, is being developed by Ardea Resources using open-pit methods.
Australia's nickel production is dominated by magmatic nickel sulphides from komatiite deposits (82%) associated with Archean greenstone sequences. These include Australia's first nickel mines developed in the late 1960s in Western Australia 6. Conversely, most of Australia's nickel resources occur as nickel oxides in laterite …
Jervois Mining also own a nickel-cobalt resource in NSW Australia and some exploration tenements in Uganda. The current market cap is A$231m. Analyst's price target is A$0.49, representing 64% upside.
First Quantum will cease mining at Western Australia's Ravensthorpe nickel and cobalt mine to cut costs, according to a report in the Australian Financial Review that cited a company statement. The move will help the company conserve cash after the closure of its Panama mine.
Australia is throwing a lifeline to its under pressure nickel mining sector, but the solution on offer is more of a band aid than the needed major surgery, the carving of the global nickel ...
The nickel and cobalt metallurgy processes begin with an initial treatment of the mineral, re-concentrating it through crushing and flotation/gravity and obtaining a "speiss", rich in cobalt and nickel. The process begins by adding the sulfide-associated mineral to a reactor with sulfuric acid and pressurised air.
Australia is the world's fifth-largest producer of cobalt in 2023, with output down by 20.1% on 2022.
The company owns the New South Wales-based Broken Hill project, a cobalt asset that it says adheres to Australian labour and sustainability standards, and is planning the Kwinana cobalt-nickel ...
South Korea's LG Energy Solution has entered into a six-year agreement with an Australian mining company for cobalt and nickel, securing a stable supply of key minerals to make electric vehicle ...
"We're only in the foothills of the electric vehicle story," revered metals analyst and Macquarie Bank commodities consultant Jim Lennon said at a 121 Mining Investment event in late-May. Nickel cobalt aluminium (NCA) and nickel manganese cobalt (NMC) lithium-ion batteries are two of the most commonly used batteries in the …
Founded in 1996, Australian Mines is based in Queensland, Australia and focuses on cobalt, nickel and scandium deposits. The company's flagship project is the Sconi Project in North Queensland, which like many others in this list, is still pre-operational and undergoing drilling and exploration.
NiWest nickel-cobalt project (NiWest) is an advanced stage nickel-cobalt resource located in Western Australia. Australian Securities Exchange (ASX)-listed nickel and critical minerals development company Alliance Nickel (previously GME Resources) is the owner of the project.
During the first half of 2020, Glencore's Murrin Murrin nickel-cobalt mine in Western Australia experienced 14% y-o-y growth in cobalt output, to 1.6 kilotonnes.
Chalice Mining is progressing a pre-feasibility study (PFS) at its Gonneville nickel-cobalt-copper-palladium project near Perth, Western Australia. Read More Alexandra Eastwood June 11, 2024, 9:37 ...
This emphasis on domestic production has yielded results. Australia exported approximately $90,900 worth of cobalt ore in 2021, mainly to Malaysia, and imported cobalt primarily from the UK and Finland. Glencore's Murrin Murrin nickel-cobalt mine in saw 14% year-on-year growth in …
Cobalt from Moroccan mines got a lot of attention in 2019 after major carmaker BMW (OTC Pink:BYMOF,ETR:BMW) announced it would be buying cobalt directly from mines in Australia and Morocco to ...
Australian Mines owned, low cost, Sconi Project in Queensland is expected to deliver sustainable nickel and cobalt from the first mineral resources company to be a Carbon Neutral certified organisation by the Australian Government, Australian Mines. Australian Mines also has a number of other promising assets and development …
Australian Mines has two other promising, early stage, green metals, exploration and development projects, including the Flemington Project (cobalt-scandium-nickel-copper-gold) in NSW and the Lennard Project (nickel sulphide) in WA.
Shares of battery and technology metals developer Australian Mines Ltd surged on Tuesday after the company signed an off-take agreement with South Korean battery maker SK Innovation for nickel and ...
One such project is Glencore's Murrin Murrin nickel-cobalt mine in Western Australia, which experienced 14% year-on-year growth in cobalt output in 2020. The …
According to GlobalData, Australia is the world's fifth-largest producer of cobalt in 2023, with output down by 20.1% on 2022. Over the five years to 2022, …