Murchison now owns 100% of the HPM project in Québec

Century Aluminum's proposed low-carbon facility represents the first primary aluminum smelter in the US in 45 years.

Nornickel's 2023 net profit and revenue declined due to low metal prices.

In an update on Thursday, the nickel developer said the total funding required is in the region of $567-$592 million.

The United States continues to work with Zambia and Congo on mining and regulatory structures.

The company has been juggling four large investments at its aging operations after decades of underinvestment.

Thirteen major smelters proposed a reduction of 5% to 10% in planned output this year.

This signals a shift from Nigeria's decades-old policy of exporting raw materials.

Production in February 2024 was 420,242 metric tons.

The plant will be the world’s largest single-location custom smelter for the industrial metal.