Eurasian Resources Group enters into a principal agreement with China's NFC to complete the construction of its project in Africa; EXIM and ICBC to support the financing, Sinosure to provide the insurance
International Banker - Accounting for the cobalt boom
…Tony Southgate, the head of strategic cobalt marketing at the Kazakh mining company Eurasian Resources Group (ERG), recently forecast that the cobalt boom “is guaranteed for the next seven to 10 years”. Speaking to popular metals publication Metal Bulletin, Mr Southgate also pointed out that “all the focus is on batteries but legacy cobalt uses are doing really well. Metal demand is very strong and producers are well sold”...
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