CHARTS: EV battery metals bill sets new low as lithium, nickel, cobalt price slump continues
The raw materials bill for the average EV is now down to $510 compared to a peak of more than $1,900 at the beginning of last year.
The raw materials bill for the average EV is now down to $510 compared to a peak of more than $1,900 at the beginning of last year.
Indonesia is now considering deep cuts to nickel mining quotas as it seeks to boost slumping prices of the metal.
Indonesia is considering deep cuts to nickel mining quotas as it seeks to boost slumping prices of the battery metal.
The nickel sulphate contract will be priced in dollars and physically deliverable in Singapore.
Highlights: TORONTO, Dec. 16, 2024 /CNW/ – Taykwa Tagamou Nation (“TTN“) and Canada Nickel Company Inc. (“Canada Nickel” or the “Company“) (TSXV: CNC) (OTCQX: CNIKF) […]
However, CEO Vladimir Potanin said the company will not distribute dividends before then.
The project, on the Indigenous group’s traditional lands, holds one of the world’s largest reserves.
The miner reported a 22% fall in first-half profit in August.
The research will focus on the company's Tamarack project, which comprises an underground nickel-copper mine in central Minnesota and a battery mineral processing facility in North Dakota.
Teck can acquire up to a 70% interest in the project by spending C$15.7 million on the project and making staged cash payments totalling C$1.6 million.
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