Nornickel and Trafigura test metal trading using tokens
Nornickel aims for the tokens to account for as much as 20% of its metals sales, possibly within the next couple of years.
Nornickel aims for the tokens to account for as much as 20% of its metals sales, possibly within the next couple of years.
The company will divest its New Caledonia operation, eyes Indonesia for expansion.
The Vancouver-based miner added 6,040 hectares through staking and the buyout of eight properties.
Most industry observers are expecting batteries to occupy a higher percentage of the nickel market.
The European Commission said the restrictions unfairly limited EU producers' access to nickel ore.
Potanin currently owns 34.6% of Nornickel, the world's largest palladium producer with a market value of $43.6 billion.
The company plans to cut dividends in 2023-2025 and expects to resume payouts once it starts to generate more cash after 2025.
Indonesia wants to become a global hub for producing and exporting electric vehicles (EVs) to Asia and beyond.
The British Columbia-based company aims to begin engineering design and economic analysis of a 3-5 tonne per day commercial demonstration plant for 2020.
Indonesia's mining ministry is revising a rule that governs the domestic price of nickel ore to ensure smelters follow government benchmark prices.
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