Base Metals Top Stories

China battery firms set up $700m nickel joint venture in Indonesia

Several global metals producers have also set their sights on Indonesia's nickel reserves, looking to tap an expected surge in demand for the battery metal.

Reuters | September 28, 2018 | 10:37 am

Union says reached wage deal with Alcoa Australia, will end strike

The strike added to recent supply pressure on bauxite and…

Reuters | September 28, 2018 | 9:48 am

Tiberius tests its metals in crypto backed by copper, gold

The Swiss asset manager and commodities trader will use blockchain…

Bloomberg News | September 28, 2018 | 3:30 am

China adopts more flexible output curbs to battle winter smog

Northern China’s key industrial hub will adopt a more flexible…

Bloomberg News | September 27, 2018 | 9:37 am

Chile greenlights Latin America’s largest desalination plant

The ENAPAC project is meant to serve mainly the mining…

Cecilia Jamasmie | September 27, 2018 | 6:59 am

Future of First Quantum mine is for the people of Panama to decide, US official says

Panama holds presidential elections in May, and the future of Cobre Panama mine has emerged as a flash point among opponents and supporters of the mine.

Reuters | March 5, 2024 | 9:45 am

Ecuador government inks investment agreements with Adventus, Atico

Ecuador will invest $100 million in the Condor project and $157 million in the La Plata project.

Staff Writer | March 5, 2024 | 8:53 am

First Quantum opens Panama mine for public visits in restart bid

The miner also expects to secure authorization to sell more than 120,000 metric tons of copper concentrate stored near a port.

Bloomberg News | March 5, 2024 | 7:48 am

China’s copper processing fees could recover from 2nd quarter, analysts say

The falling charges have threatened to cut output in the world's top producer of refined copper.

Reuters | March 5, 2024 | 7:35 am

LME does not plan to launch green nickel contract

Iron ore magnate Andrew Forrest said recently the LME should classify its nickel contracts into "clean" and "dirty" to give customers more choice.

Reuters | March 5, 2024 | 7:32 am

Sibanye falls to $2 billion loss, weighs capital raise if metal prices worsen

CEO Neal Froneman said Sibanye may consider a capital raise if the lower metal prices persist for longer.

Reuters | March 5, 2024 | 7:21 am

Indonesia and China killed the nickel market

Cheap Indonesian nickel, controlled by China and dumped on the market, has collapsed nickel prices and forced global mine closures.

Rick Mills - Ahead of the Herd | March 4, 2024 | 2:03 pm

First Quantum touts interest in its Zambia copper operations

The company has been under pressure to strengthen its balance sheet and raise cash after its flagship copper mine in Panama was shuttered.

Bloomberg News | March 4, 2024 | 10:12 am

Eramet reaches deal to convert debt of New Caledonia nickel unit

Several hundred million euros of debt will be removed from its loss-making nickel subsidiary SLN.

Reuters | March 4, 2024 | 10:07 am

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