Cobalt

The government of Norway has made the decision to suspend its controversial plan to allow commercial-scale mining on the bottom of the sea.

However, Prime Minister Jonas Stor called the development a “postponement” and said preparatory work on regulations and environmental impacts would continue.

Current production levels of key minerals such as lithium, cobalt and nickel needed for clean energy technologies are insufficient to reach global climate goals, a United Nations agency has said.

Two of Europe's leading energy transition investors plan to raise 500 million euros ($544.55 million) for a battery raw materials fund, aiming to plug "significant gaps" in the region's supply chain, executives told Reuters.

Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure "white gold" in a politically and environmentally fraught competition from China to Nevada to Chile.

The magnet was recently discovered to have been made with a cobalt and samarium alloy that came from China

According to Bloomberg, metals like nickel, aluminum, and iron are all expected to see demand increase by 13-14 times between 2019 and 2030

Scientists all over are looking for alternatives, but the research will take some time. Over the past centuries, states have often shown power and secured interests with warships - or later nuclear missiles. Today, they are increasingly using economic sanctions to impose political desires.

The exhibition chronicles the value chain of this rare element, which includes investment and searches in the US, mining in Bolivia, the manufacturing of batteries and cars in China, as well as efforts in Norway, a small country rich in oil, to electrify all of its transport, wrote Ljubljana Castle operator Ljubljanski Grad.

Cyprus's Council of Ministers has approved a series of actions to increase tourist arrivals from Germany, following the collapse of Germania, Cobalt and Air Berlin.

Apple has announced that it will temporarily suspend buying hand-mined cobalt in the Democratic Republic of Congo, less than a week after the publication of a Sky News investigation chronicling brutal “slave conditions” and child labor in cobalt mines there. Cobalt is one of the most precious minerals in the world for the tech industry.