(June 2019, London UK) – MINEXCO, gears up for the long-term supply of the two most demanded battery metals – Cobalt and Lithium.
MINEXCO primarily identifies, evaluates and promotes tailing & slag reclamation projects with high cobalt content that can be brought into production within less than 3 years.
The company conducts its business with both the private and state-owned enterprises.
Through its subsidiary companies, MINEXCO also controls mining concessions in the areas where Lithium-Cesium-Tantalum pegmatites are found. These areas require exploration campaigns and certification for economically extractable lithium reserves.
Lithium and Cobalt are the two most sought after Battery Metals.
The rise of computing devices and battery-operated automobiles like Electric Cars has caused an increase in the demands of industry grade Cobalt and Lithium. Most of the smartphones and gadgets use Li-ion batteries where Cobalt is used as cathode.
Apart from rechargeable batteries, Lithium is also a principal element in pacemakers, clocks and toys. The industrial grade Lithium is further used to make alloys with aluminium and magnesium for better strength and use in various sectors.
Some of the popular alloys made from Lithium include magnesium-lithium which is used for armour plating and aluminium-lithium which is used in the trains with high-speed, frames of bicycles and aircrafts.
Also, there are many popular Lithium compounds used in different industries like Lithium oxide, Lithium chloride, Lithium carbonate, Lithium stearate and Lithium hydride.
With its new fund, Minexco aims to initiate reclamation projects on some of the SADC's largest cobalt-containing tailings and slags.
MINEXCO is a well-resourced company involved in ethical extraction of metals, primarily Lithium and Cobalt in the areas of Zambia and Democratic Republic of Congo, founded by Congolese businessman Kennesy Brouwers.
To know more about the company and its services, visit – https://www.minexco.net/
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Url :- https://www.minexco.net/