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The Investing News Network looks at the geological landscape for cobalt in Europe, the region’s refining capabilities and what’s ahead.
As interest in electric vehicles (EVs) continues to pick up pace around the world, the question of supply for key raw materials such as cobalt remains.
Like other regions, Europe is taking steps to build its own EV supply chain or take as much control of it as it can. From producing actual EVs to getting battery megafactories up and running, the region is pushing forward with its green agenda.
Here the Investing News Network (INN) looks at the geological landscape for cobalt in Europe, its refining capabilities and the next steps for the area in terms of the critical metal.
The company s main focus is the Knaften project, which lies at the south end of the so-called Knaften-Barsele Arc (Gold Line), which hosts a number of.
Serbian man involved in $70M digital currency scam extradited to US Business
A Serbian man has been extradited to the U.S to face the court in connection with his alleged role in a $70 million digital currency scam. Antonije Stojilkovic is alleged to have been part of a crime ring that created several bogus investment platforms that lured investors with promises of huge profits.
Serbian police arrested the man on July 24, 2020, in Belgrade. He consented to the extradition and on February 4, the FBI extradited him from Serbia to Texas, the U.S. Department of Justice announced.
The Northern District of Texas indicted Stojilkovic and more than a dozen other co-conspirators on charges of conspiracy to commit wire fraud and conspiracy to commit money laundering in July last year. Serbian police arrested six other alleged criminals related to the scam last year. One U.S.-based co-conspirator Haojia Miao was arrested in California in October.