Commodity-TV

The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!
Commodity-TV Play Store
Commodity-TV App Store
Commodity-TV

Social Media


Germany needs a domestic battery industry

Germany also seems to have recognised that electromobility will determine the future and that action is needed to protect against Asian dominance.

Asian electric vehicle manufacturers are increasingly pushing their way into the world market. The dependence of German automobile manufacturers on Asian battery suppliers is also to be countered. Therefore, Germany has now made a billion euros available to support the study of the manufacture of electric car battery cells. A research institution is to be supported. After all, it is ultimately about jobs in our country.

Because the turning away from combustion engines will come. The German car industry is also weakening, partly because of the exhaust gas debate. The industry's production slumped by seven percent in the third quarter. The government-sponsored "Clean Air Immediate Programme" project was recently increased to 1.5 billion euros. The German car manufacturers are also financially involved here. Among other things, the purchase of electric vehicles in the municipal sector is to be stepped up.

In order to be able to produce sufficient lithium-ion batteries for the future, various raw materials are needed, such as cobalt. This is the case not only in Congo, which is problematic from various points of view, but also in the USA.

In Idaho, First Cobalt - https://www.commodity-tv.net/c/search_adv/?v=298726 - owns a primary cobalt property (Iron Creek), 50 small mines at Canadian Cobalt Camp, and the only cobalt refinery in North America with battery quality. Recent drill results have resulted in a welcome expansion of mineralization at the Iron Creek project. We can therefore look forward to the updated resource estimate, presumably at the beginning of 2019.

M2 Cobalt -  is looking for its cobalt luck in Uganda, East Africa. The mineral trend is similar to cobalt mines in neighbouring Congo. The advantage of Uganda, however, lies in its political stability. M2 Cobalt controls nearly 2,500 square kilometers of the most important cobalt licenses in Uganda.

Current company information and press releases from First Cobalt (https://www.resource-capital.ch/en/companies/first-cobalt-corp.html).

In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the English version of these messages applies.

Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting from the use of this blog. I would like to point out that shares and in particular warrant investments are generally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: www.resource-capital.ch/en/disclaimer.html

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at info@resource-capital.ch. We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required
PDAC 2019

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at info@resource-capital.ch. We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required