London Metal Exchange to resume nickel trading on March 16

To reach net zero by 2050 would require at least 194 mines or 6 new mines every year, a recent study by the IEF shows.

BHP’s Nickel West suspension could mark the death knell for Australia’s nickel sector and has widespread ramifications.

Humanity would have to mine more copper in the next 20 years than in human history to meet surging global demand on the back of the energy transition.

Silver is up 33% year to date (July 8), gold is up 15.8%, and copper has gained 19.1%.

The move could solve fundraising needs for a neighboring project it wants to build. 

As grades get lower, companies will have to increase their capital intensity to pull that production forward, said the VP of Stifel Financial.

Gecamines has requested bids for the firm’s portion of cobalt output from CMOC Group’s giant Tenke Fungurume mine.

Lithium price has tumbled by more than 80% since the beginning of 2023.

Nornickel will re-launch one of the two furnaces at its flagship Nadezhda Smelter in early August.