Indonesia reviews nickel ore mining quota to steady prices Indonesia last year approved annual nickel ore mining quotas of 240 million metric tons each year until 2026. Reuters | January 3, 2025 | 7:20 am
China flexes lithium dominance with plans for tech-export curbs Beijing proposes including battery cathode material preparation technology to its catalog of applications that are subject to export bans or restrictions. Bloomberg News | January 2, 2025 | 12:32 pm
LME nickel hits four-year low as 2025 opens with eyes on China Prices for nickel, used in stainless steel and batteries, dropped towards $15,000 a ton on the London Metal Exchange. Bloomberg News | January 2, 2025 | 9:09 am
Manganese X secures $1.4m investment from Sprott Manganese X said it will use the proceeds to advance the Battery Hill project in New Brunswick. Staff Writer | January 2, 2025 | 8:56 am
Gates, Bezos-backed KoBold Metals raises $537 million in race for critical minerals The funding round valued KoBold at $2.96 billion. Staff Writer | January 2, 2025 | 8:41 am
Brazilian miner boosts rare earths output in challenge to China’s grip Serra Verde started commercially producing concentrate in Brazil’s Goias state about a year ago. Bloomberg News | January 2, 2025 | 7:23 am
Cobalt miner Jervois in rescue deal after struggle to compete with China A collapse in the price of cobalt has forced the company to delist and reorganize. Reuters | January 2, 2025 | 7:11 am
BMW, Yamaha Motor back US rare earths startup Phoenix Tailings The company will use the funding to build a $13 million facility in Exeter, New Hampshire, that can produce 200 metric tons of rare earths annually. Reuters | December 31, 2024 | 9:09 am
Top five contrarian commodity scenarios for 2025 The upcoming year has the potential to be one of the most volatile in recent memory, particularly in commodities, writes Clyde Russell. Reuters | December 30, 2024 | 12:47 am