Critical raw material used in the production of cathodes for Lithium-ion batteries.
Critical raw material used in the production of cathodes for Lithium-ion batteries.
Used in the production of precursor materials, which are converted cathode active material.
Relatively scarce, high-value mineral used to produce aluminium alloys.
Australian Mines signs off-take agreement with leading global electric vehicle battery manufacturer SK Innovation for 100% of the cobalt and nickel production from the Sconi Cobalt-Nickel-Scandium Project in Queensland. The initial agreement is for a 7-year period with a further 6-year extension option with quantities of agreed offtake volumes of 12,000 tonnes per year of cobalt sulphate and 60,000 tonnes per year of nickel sulphate.
