15
Jan
11:50
ERG, Thara join forces on cobalt refinery in Saudi Arabia
Luxembourg-based firm Eurasian Resources Group (ERG) has inked a deal with investment platform Thara to develop a cobalt refinery in Saudi Arabia, Kallanish reports.
The refinery will be supplied with cobalt hydroxide from ERG’s Metalkol facility in the Democratic Republic of the Congo (DRC) and processed into cobalt sulphates – the main form of supply for electric vehicle batteries. The move aims to strengthen ERG’s position as a strategic suppl…
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Anonymous
Very good overview of the weekly steel market.
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