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

There was a similar boom-bust cycle in 2016-2017 but the difference this time is that no-one seems to be expecting a speedy recovery.

The African Development Bank has agreed to finance a feasibility study for the project, at a cost of about $4 million.

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.

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

Greening the steel industry, China’s second largest source of carbon emissions at 15%, is a vital part of the country’s plan to become carbon neutral by 2060.

The 2023 investment level fell 5.8% from the previous year to $4.96 billion.