Trafigura faces $577 million loss on alleged nickel fraudThe company found that some cargoes it had bought didn't contain the nickel they were supposed to, and spent two months uncovering the scheme.Cecilia Jamasmie | February 9, 2023 | 8:03 am
General Motors competes for stake in Vale’s base metals unitAutomakers have been stepping up efforts to lock in supplies…Bloomberg News | February 8, 2023 | 8:31 am
Sumitomo Metal raises FY profit forecast on higher pricesCompany increased its forecasts for full-year net profit and dividend…Reuters | February 8, 2023 | 4:25 am
Electra makes first shipment of recycled nickel-cobalt produced in Ontario The nickel-cobalt mixed hydroxide precipitate product was produced using Electra’s proprietary hydrometallurgical process. Staff Writer | July 17, 2023 | 9:48 am
Graphite One awarded $37.5m under US Defense Production Act; stock jumps The funding will help the company to accelerate its Feasibility Study covering its Graphite Creek project in Alaska. Staff Writer | July 17, 2023 | 9:12 am
Glencore to buy remaining 18% stake in PolyMet Mining The move will give the Swiss giant a direct ownership of NorthMet, poised to be Minnesota’s first copper-nickel mine. Reuters | July 17, 2023 | 7:21 am
Biden’s energy funds fall behind schedule over China scrutiny Just four companies have received the money available through the Bipartisan Infrastructure Law and the Inflation Reduction Act. Bloomberg News | July 17, 2023 | 7:07 am
Detroit of Asia targets battery makers to stay ahead in EV race Thailand has set a target for 30% of its car production to be clean vehicles by 2030. Bloomberg News | July 17, 2023 | 6:46 am
Rio Tinto grabs stake in graphite-focused Sovereign Metals Rio Tinto's move marks its first public step into the graphite sector, as it continues to boost its exposure to battery minerals. Cecilia Jamasmie | July 17, 2023 | 3:53 am
Families in the DRC increasingly rely on children working in cobalt mines — report Children are increasingly being encouraged to work at cobalt mine sites in the Democratic Republic of the Congo, a recent report states. Valentina Ruiz Leotaud | July 16, 2023 | 8:29 am
Largo worker killed in chemical plant accident in Brazil Largo said that an employee died due to an accident at the chemical plant in the Maracás Menchen vanadium mine. Reuters | July 15, 2023 | 2:45 pm
Canada to speed up critical minerals permits in bid to erode China’s dominance Prime Minister Justin Trudeau’s government hopes to unveil a plan by the end of this year to streamline permitting for mining projects. Bloomberg News | July 14, 2023 | 8:13 am