Column: China’s grip on global nickel supply tightens with Anglo sale
Anglo's nickel asset sale is not good news for Western countries looking to escape China's tightening grip on the global nickel supply chain.
Anglo's nickel asset sale is not good news for Western countries looking to escape China's tightening grip on the global nickel supply chain.
PT Gunbuster Nickel Industry has slashed production and is close to shutting down completely.
Sergei Dubovitskiy has left the company to pursue other projects.
The fund will support exploration at the Nisk nickel-copper project.
Nornickel has been seeking to diversify its production base establishing facilities outside Russia.
Western sanctions and low metals prices squeezed the miner's 2024 earnings.
Nickel Industries' outlook on why it will be a long road back to market for Western nickel producers.
According to the report, Indonesia's 8-million-tonne refining capacity was distributed across 33 companies, but ownership tracing showed shareholder overlap.
The company also plans to invest $2 billion in the Mingomba copper-cobalt mine in Zambia.
The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.