Glencore to power GM EVs

Glencore has struck a deal with a leading US carmaker to supply a key ingredient in electric vehicle batteries from a Goldfields mine.  The multi-year sourcing agreement will see Australian cobalt used in the batteries that power General Motors’ Chevrolet Silverado EV, GMC Hummer EV and Cadillac Lyriq vehicles, the companies said in a statement on Wednesday.

Cobalt from Glencore’s Murrin Murrin mining operation east of Leonora will be used for GM’s Ultium battery cathodes.  Australia has some of the world’s largest recoverable resources of minerals such as cobalt, which are crucial elements for the batteries needed to electrify cars, homes and businesses.

The companies said the agreement builds on a commitment they have to sustainable supply chains. GM vice-president Jeff Morrison said EVs have a critical role in reducing the carbon footprint of the transport sector.

Global Glencore, one of Australia’s largest coal producers, is also a leading producer, recycler and supplier of critical minerals.  GM is securing key materials and components of electric vehicles as it plans to have the capacity to build one million electric vehicles in North America by the end of 2025.

Cobalt has heat-resistant properties and is added to lithium-ion battery cathodes to extend their life – and the range of the driver.  The number of EVs in the world is projected to increase by 30 per cent every year to 2050 as the global economy goes electric to reduce greenhouse gas emissions.

Cobham extends FIFO contract with cobalt producer

Cobham Regional Services has been awarded a seven-year contract with Glencore subsidiary Minara Resources to provide fly-in, fly-out services to its Murrin Murrin site in the eastern Goldfields region of Western Australia.  Minara Resources is Australia’s largest cobalt producer and a major producer of nickel, as well as a foundation FIFO client of Cobham.

Cobham Regional Services managing director Claude Alviani said his company had been providing FIFO services to Murrin Murrin since the mine commenced operations in 1996.

“We are absolutely delighted to continue the relationship we have with Minara as their aviation partner of choice,” Alviani said.

“The operators of Murrin Murrin were pioneers of FIFO in Western Australia, using an airbridge to connect workers to site well before it became common practice.”

“Over the past six months Minara has transitioned to our modern, lower carbon-emission aircraft with the E190 and Q400 now servicing the site.”

Minara Resources general manager Brett Fowler said he was pleased to continue his company’s relationship with Cobham as a long-term partner of the Murrin Murrin operations.

“We welcome the addition of the lower carbon emission aircraft to Murrin Murrin as we continue to produce the nickel and cobalt that are critical commodities for the transition to a low-carbon economy,” Fowler said.

The new contract comes at a pivotal time for the industry in Western Australia as the State prepares to open its borders.