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Japan found enough minerals off a remote Pacific island to fuel its EV plans for over a decade

Tue, 06/25/2024 - 09:29

The remote operated vehicle used to explore the ocean floor — A remote-operated vehicle used to explore the ocean floor off Minami-Torishima island.
Nippon Foundation.

Transportation, trending-uk, EVs, cobalt, Nickel, Japan

The true cost of mining electric car-battery metals

Thu, 02/08/2024 - 13:02

Tech Insider : Environment

Your average EV has six times more mineral content than a petrol- or diesel-powered vehicle. All those metals need to be dug, scraped, blasted, or leached out of the earth. There is massive demand for batteries as countries eye up ambitious zero-emissions targets. But what's the cost?

Sustainability, Transportation, Tech, News, Video, cars, news-this-week-video

The world's top metals trader is stuck in another nickel-shipment snafu after getting bags of stones from a Dutch warehouse

Tue, 03/21/2023 - 16:54

A rear view of a cargo ship stacked with containers alongside a wharf at Port of Antwerp-Bruges in Antwerp, Belgium, Oct. 27, 2022 — A cargo ship berths at a container dock of the Port of Antwerp-Bruges in Antwerp, Belgium, Oct. 27, 2022
Zheng Huansong/Xinhua via Getty Images

Markets, MI Exclusive, Trafigura, Nickel, metals, LME, JPMorgan

JPMorgan Chase thought it had $1.3 million of nickel, but they were all bags of stones. It's happened before.

Tue, 03/21/2023 - 05:50

Bag of stones — JPMorgan Chase thought it had $1.3 million of nickel, but they were all bags of stones. It's happened before to many others.
Roman Mykhalchuk/Getty Images

News, Markets, Commodities, JPMorgan, warehousing, metals, Nickel

JPMorgan Chase thought it had $1.3 million worth of nickel stored in a warehouse. A closer examination revealed bags of stones.

Mon, 03/20/2023 - 17:51

A warehouse filled with bags of different colored stones — Turns out that JPMorgan's bags of nickel are actually bags of stones.
Roman Mykhalchuk/Getty Images

finance, JP Morgan, Nickel, stones, metals, Banks

Metal tycoon sued over missing $577 million in nickel told cargo inspectors he'd had a heart attack, report says

Tue, 02/28/2023 - 08:46

Shipping containers — Trafigura has sued Prateek Gupta over missing nickel cargoes.
Alex Kantrowitz

Markets, MI Exclusive, Nickel, Trafigura, Nickel price, batteries, Fraud

A top commodity trader is staring down a $577 million loss after discovering metal cargoes it bought were missing nickel, report says

Thu, 02/09/2023 - 10:40

shipping containers — A container cargo ship in Rotterdam Harbour on April 4, 2021 in the Netherlands. Rotterdam is the largest shipping port outside of Asia.
Niels Wenstedt/BSR Agency/Getty Images

Markets, MI Exclusive, Trafigura, Commodities, Trading, Shipping, Nickel

Nissan has a plan for used Leaf batteries: powering buildings

Mon, 01/30/2023 - 08:00

2021 Nissan Leaf. — Nissan and startup Relyion just announced a partnership to repurpose old Leaf batteries.
Nissan

Transportation, Tech Insider, News, Electric Vehicles, batteries, Nissan Leaf, Startup

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