Nickel Top Stories

First Quantum to shut down Ravensthorpe nickel mine

The Canadian miner cited higher operation costs and lower nickel price forecast amid reasons for the closure of the Western Australia mine.

Cecilia Jamasmie | April 29, 2024 | 6:41 am

Harum Energy eyes nickel assets as it shifts focus from coal

The firm has bought stakes in three nickel processing plants,…

Bloomberg News | April 29, 2024 | 4:25 am

Indonesia issues new mining permit for Vale Indonesia

The stake divestment by Vale Indonesia's foreign partners was a…

Reuters | April 29, 2024 | 4:15 am

Ardea Resources teams up with Sumitomo, Mitsubishi for nickel project

A consortium of Sumitomo and Mitsubishi will fund A$98.5 million…

Reuters | April 29, 2024 | 4:12 am

BHP considering improved proposal for Anglo American after bid rejected

BHP Group is considering making an improved offer for Anglo American…

Reuters | April 27, 2024 | 1:43 pm

Rio Tinto ups stake in Sovereign Metals with $12.4m investment

The fresh investment takes Rio's interest in Sovereign, the owner of Malawi's Kasiya rutile-graphite project, to 19.76%.

Cecilia Jamasmie | July 3, 2024 | 3:50 am

Australia’s Chalice Mining inks deal with Mitsubishi to develop PGE project

The companies will develop the Gonneville PGE-nickel-copper-cobalt project in Western Australia.

Reuters | July 2, 2024 | 3:59 pm

BASF pulls plug on Chile investment plans amid EV slowdown

The German chemicals giant withdrew from initial talks with Vancouver's Wealth Minerals on Tuesday.

Bloomberg News | July 2, 2024 | 10:54 am

India in talks with Africa, Latin America countries for critical mineral blocks

India is also in discussions with Australia for critical minerals.

Reuters | July 2, 2024 | 7:08 am

Rio Tinto in talks to prevent another strike at Oyu Tolgoi

Rio Tinto has said changes to Mongolia’s Labour Law in 2022 had prompted it to recalculate employee salaries.

Staff Writer | July 2, 2024 | 6:33 am

Hedge funds are hoarding cobalt amid battery metal slump

Cobalt futures trading has taken off on CME Group’s Comex exchange, creating a way for traders to hedge their physical positions in the newly liquid futures market.

Bloomberg News | July 1, 2024 | 10:03 am

Lake Resources to cut more than 50% of global workforce

Last week, the lithium developer said that it is laying off staff and selling assets.

Reuters | June 30, 2024 | 3:11 pm

Metals firms ‘confused’ by ESG regulations but hope for future price premium

"There's no unified ESG standard for us to follow," said Bryce Lee, a director at China's Huayou Cobalt.

Reuters | June 30, 2024 | 8:52 am

Argentina is about to unleash a wave of lithium in a global glut

For all the money that’s poured into Argentina’s giant lithium deposits, the country has seen just one new mine come on stream in almost a decade. That’s about to change.

Bloomberg News | June 28, 2024 | 2:54 pm

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