Nickel Top Stories

Nornickel management proposes 76% dividend cut

Nornickel has proposed slashing its annual dividend for 2022 to $1.5 billion from the $6.3 billion paid out for 2021.

Reuters | January 21, 2023 | 12:13 pm

Bakrie Group seeks nickel mine, partners up for $9 billion EV project

The Indonesian conglomerate is looking to acquire a nickel mine…

Reuters | January 20, 2023 | 8:16 am

Column: Exchanges diversify as base metals trade shrinks in 2022

Volumes have fallen every month year-on-year since the suspension of…

Reuters | January 19, 2023 | 10:46 am

Talon Metals strikes new nickel-copper mineralization in Minnesota

Earlier this year, Tesla signed its first US nickel supply…

Reuters | January 19, 2023 | 8:55 am

LME CEO says nickel reforms to be implemented ‘relatively quickly’

Trading volumes at the LME have been slowly declining primarily…

Reuters | January 19, 2023 | 7:50 am

Column: Australia’s exports of energy transition metals to top thermal coal

The impact on energy commodities from the war in Ukraine has faded and prices are expected to be more in line with historical norms.

Reuters | July 4, 2023 | 8:20 am

Column: Old economy drags base metals lower in first half of 2023

The LME index of base metals has sunk from a January high of 4,356 to 3,704.

Reuters | July 4, 2023 | 8:13 am

BYD picks Brazil for its first EV hub outside Asia

Brazil’s market has the potential to develop in the same way as China’s, with hybrid vehicles gradually giving way to pure EVs, BYD says.

Bloomberg News | July 4, 2023 | 4:10 am

BYD takes next steps on $290 million lithium project in Chile

BYD in April was granted access to preferential prices for lithium carbonate in the country.

Bloomberg News | July 3, 2023 | 10:24 am

POSCO plans $93 billion of investment by 2030

POSCO Group has been expanding into new businesses for diversification, including minerals used in electric vehicle batteries.

Reuters | July 3, 2023 | 10:14 am

China jumps ahead in the rush to secure lithium from Africa

Mines across the continent are forecast to increase production of lithium raw materials more than 30-fold from last year’s volume by 2027.

Bloomberg News | July 3, 2023 | 9:36 am

China set to boost state cobalt reserves after tumble in prices

The National Food and Strategic Reserves Administration, the government stockpiling body, may buy about 2,000 tons of cobalt.

Bloomberg News | July 3, 2023 | 8:34 am

Develop Global to buy Essential Metals for $102 million

Develop Global, an Australian base metals explorer backed by lithium miner Mineral Resources, said Essential’s board had ok'd the deal.

Cecilia Jamasmie | July 3, 2023 | 5:26 am

Glencore offers to buy rest of PolyMet for $71m

The move will give Glencore a direct ownership of NorthMet, poised to be Minnesota’s first copper-nickel mine.

Cecilia Jamasmie | July 3, 2023 | 3:34 am

First

Last