Vale’s plan to turn around $40 billion copper-nickel unit suffers fresh blow

The South Korean company is doing “a lot of projects” to ensure it has a stable source of supply.

Ford is moving ahead with the project despite uncertainty around how the US Treasury Department will interpret requirements in the Inflation Reduction Act.

Indian businessman Prateek Gupta and his companies, against whom Trafigura secured a $625 million freezing order this week, have a checkered history in the trading world.

Trafigura is briefing lenders that none of its banks have direct exposure to the nickel deals linked to systematic fraud.

The US is looking to create a “critical minerals buyers club” with allies like the EU and Group of Seven.

Nornickel is the world's largest producer of palladium and refined nickel.

The Bahodopi project will produce ferronickel with 73,000-80,000 tonnes of nickel content per year, Vale said.

Korea Zinc is seeking to diversify into electric vehicle batteries and renewable energy sources.

Last year, the LME decided not to ban Russian metal from being traded and stored in its system.