A Vancouver native, Charlotte recently graduated from Simon Fraser University, where she majored in English and Humanities. During her time there, SFU’s Writing and Communications program caught her attention, and she began working towards a Certificate in Editing. After completing an editorial internship at Vancouver’s Western Living magazine in the fall of 2010, she knew that she wanted to pursue editing further.
Charlotte started working for the Investing News Network in the spring of 2012 and now specializes in writing about diamonds, precious metals, base metals and graphite. She received her Certificate in Editing in 2013.
Benchmark Mineral Intelligence reported that Apple Inc. (NASDAQ:AAPL) is being sued by A123 Systems Inc. (ETR:ALC), a lithium-ion battery producer, for stealing its employees to set up a new battery division.
Simon Moores of Benchmark Mineral Intelligence believes that the emergence of battery megafactories will put pressure on supply of graphite, lithium and cobalt. “What I would expect is more focus on the supply chain situation,” he told Resource Investing News at VRIC.
Tesla Motors and its lithium-ion battery gigafactory definitely stole the show in the cobalt market this past year. Looking forward, it appears that increased demand from that facility and others will begin to push the market into deficit.
Business in Cameroon reported that Geovic Cameroon plc, a subsidiary of Geovic Mining Corp. (TSX:GMC), has set aside plans to mine bauxite, cobalt and manganese at the Nkamouna project in East Cameroon’s Lomié district.
Analyst Simon Moores said in a Benchmark Mineral Intelligence report that Tesla Motors Inc. (NASDAQ:TSLA), LG Chem Ltd. (KRX:051910) and Foxconn Technology Co. Ltd. (TPE:2354) are all in the midst of building “battery super-plants for the electric vehicle (EV) market.”