Home: Indonesia’s nickel boom is a win for resource nationalism
Mined production last year was 771,000 tonnes, twice as much as the world’s second largest producer the Philippines.
Mined production last year was 771,000 tonnes, twice as much as the world’s second largest producer the Philippines.
Rising near-term supplies are the primary driver for a bearish 2021 price outlook.
A study by Skarn Associates shows that the Crawford nickel-cobalt sulphide project in Ontario is set to produce 2.05 tonnes of CO2 per tonne of nickel-equivalent production over its 25-year mine life.
The coronavirus pandemic highlighted the importance of securing supplies on a regional level and further strengthen western countries’ desire to end reliance on China.
Global per-vehicle use of nickel and cobalt has fallen by a fifth over the past year – in China, it’s down by more than 40%.
The world's largest palladium producer plans to partly compensate for the deficit from its stockpiles left from 2020.
Company has hired Sergey Stepanov, former CEO at titanium producer VSMPO, as senior vice president in charge of production.
Several other Chinese-backed nickel plants are under construction in Indonesia.
Company and its Indonesian partner Harita Group plan to build other projects on Obi island to make nickel sulphate.
MINING.COM’s tracker of the value of battery metals in newly sold electric cars sets new monthly record despite retreat in nickel, cobalt prices and declining per vehicle usage.
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