M&A

New World secures overlooked cobalt gem

NEW World Cobalt has proved that investors are keen to stick with cobalt, despite tech doyen Elon Musk's recent declarations that the metal may be facing substitution, with shares in NWC jumping this morning on the acquisition of a new project in Arizona.

 Arizona's flag.

Arizona's flag.

This week Musk said the soaring costs of the metal that Tesla, one of the world's leading electric vehicle and battery makers, was looking to reduce cobalt in its vehicles to "almost nothing", replacing...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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