Indonesia to trace nickel in bid for US critical minerals deal Each ton of nickel ore sales will be tracked using the SIMBARA portal starting next quarter. Bloomberg News | November 16, 2023 | 4:39 pm
First Quantum, union reach deals on salaries as protests block mine access Protests have raged for weeks against First Quantum's contract for a $10 billion copper mine. Reuters | November 16, 2023 | 4:15 pm
Osisko Development, O3 Mining create Quebec-focused lithium spinoff After its formation, Osisko and O3 respectively owned 80% and 20% of Electric Elements' shares. Staff Writer | November 16, 2023 | 2:06 pm
Nickel crisis shows LME could learn from China, Minmetals says The LME has drawn fire from all sides since a massive nickel short squeeze caused prices to quadruple in a few days in March 2022. Bloomberg News | November 16, 2023 | 12:52 pm
Citi delivers around $155 million worth of zinc for rent deal The US bank is expanding its footprint in metals after it agreed a similar zinc deal in August. Reuters | November 16, 2023 | 11:03 am
Caisse pumps C$200 million into Swedish EV battery maker Northvolt The company's entrance into Quebec has been touted by the provincial government as a key part of a strategy to become a major battery-making hub. Jeffrey Jones - The Globe and Mail | November 16, 2023 | 10:50 am
Wheaton Precious Metals secures $530m in existing streams The miner will acquire existing royalty streams on Ivanhoe Mines’s Platreef project in South Africa. Staff Writer | November 16, 2023 | 10:45 am
China’s controls on graphite exports “a loud wakeup call” for the US, says Graphex CEO While there is a need for 200,000 tonnes of graphite to meet demand, the reality is, the current US supply capability is zero. Amanda Stutt | November 16, 2023 | 10:19 am
Torex Gold gets final environmental OK for Media Luna project Torex said it will invest somewhere between $390 million and $440 million in Media Luna in 2023. Staff Writer | November 16, 2023 | 10:00 am