SMM said that it and nickel miner PT Vale Indonesia are conducting a feasibility study to build a nickel processing project in Pomalaa, Southeast Sulawesi.
The move makes the company the first mining major to request exploration permits in the country since President João Lourenço vowed to open up the sector and encourage foreign investment.
South African miner Gold Fields Ltd aims to extend the life of its Cerro Corona gold mine in Peru through 2040 with an investment of at least $240 million.
Democratic Republic of Congo's mines minister said that a new mining code signed into law that hikes royalties and taxes cannot be called into question.
A unit of the company, Black Mountain Metals LLP, will buy the Lanfranchi nickel project in the state of Western Australia for $15.1 million from Panoramic Resources.
Aluminij Mostar, Bosnia's sole aluminium smelter, is at risk from high alumina and electricity prices and only urgent government intervention can help it stay on line.
The plant is the first of its kind built by Umicore in Europe and comes as the European Union is trying to develop EV battery manufacturing in the bloc.