American Lithium says US funding will shore up nascent industry “In the last year or so we’ve started to see things really start to move,” CEO Simon Clarke said. Bloomberg News | January 19, 2023 | 8:04 am
LME CEO says nickel reforms to be implemented ‘relatively quickly’ Trading volumes at the LME have been slowly declining primarily due to increased competition from the OTC markets. Reuters | January 19, 2023 | 7:50 am
Nickel market surplus narrows to 9,200 tonnes in November, INSG says During the first 11 months of the year, the global market was oversupplied by 90,700 tonnes. Reuters | January 19, 2023 | 7:37 am
Canada Nickel confirms major discovery larger than flagship Crawford project in Ontario All 16 drill holes completed on the Reid property have now intersected multi-hundred-metre intervals of nickel mineralization. Staff Writer | January 18, 2023 | 9:32 am
BASF, Eramet to finalize $2.6bn partnership on Indonesia nickel smelter The partnership would build a hydro-metallurgical complex with an output capacity of 67,000 tonnes of nickel and 7,500 tonnes of cobalt per year. Reuters | January 17, 2023 | 6:08 pm
Nickel Industries set to raise $471m to buy nickel assets The company will also look to collaborate with Tsingshan Group. Reuters | January 17, 2023 | 4:43 pm
Allkem’s revenue drops on lower Mt Cattlin output The lithium miner's revenue was $265 million for the three months. Reuters | January 17, 2023 | 1:44 pm
FPX Nickel commences PFS on Baptiste project in British Columbia The PFS will mark the culmination of the extensive de-risking and optimization program that has been undertaken since the issuance of the 2020 PEA. Staff Writer | January 17, 2023 | 10:55 am
Australia raises loan to rare earths developer, announces more grants The government raised its financial support to Hastings Technology Metals by A$80 million to account for higher costs. Reuters | January 17, 2023 | 10:44 am