Silkroad to supply 2.7m tonnes nickel ore to Tsingshan
Tsingshan uses nickel ore to make stainless steel raw material nickel pig iron (NPI) in Indonesia.
Tsingshan uses nickel ore to make stainless steel raw material nickel pig iron (NPI) in Indonesia.
Tsingshan made numerous bold moves on its path to becoming the world’s largest nickel producer, but its new plan to supply carmakers with cheap, clean metal could be its biggest breakthrough yet.
Few months in, LFP Model 3 already commands 5% of global EV market, counts for 21% of Tesla battery capacity hitting roads–even before key patent expiry next year.
The move to Canada’s most populous city is expected to help BHP grow its pipeline of “future-facing” metals projects.
The leak of 21,000 tonnes of diesel into rivers and subsoil from a rusty-looking storage tank at mining firm Nornickel's power plant in Siberia angered President Vladimir Putin.
Nornickel could loose 4-5% of its 2021 output if the two mines are suspended for one month.
Industrial waste clean-up is among the priorities set up in a deal signed between the miner and federal government and regional authorities.
The metal has endured its worst week in almost ten years, with the London Metal Exchange (LME) price collapsing by 16% in the space of two days.
Tesla will be a “technical and industrial partner" in the Goro nickel mine, which is being acquired by a consortium led by Trafigura.
Indonesia has drafted a plan that would see four state firms supplying nickel ore, processing nickel sulphate and cobalt sulphate, and then producing cathodes and batteries.
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