Global nickel market in 11,900t surplus in May – INSG
That compares with a surplus of 18,800 metric tons in April 2023.
That compares with a surplus of 18,800 metric tons in April 2023.
The nickel-cobalt mixed hydroxide precipitate product was produced using Electra’s proprietary hydrometallurgical process.
Hit was in part of the Tamarack intrusive complex never before explored.
Lawyers for Prateek Gupta said that Trafigura employees had proposed an arrangement to agree contracts for the sale of nickel but in fact to trade other material.
Indonesia had stopped exports of the material since the beginning of 2020.
The company's flagship project is the exploration-stage Kabanga in Tanzania.
The mine is on track for first production in early 2024.
The consortium comprises Sumitomo Metal Mining, Mitsubishi Corp and Mitsui & Co Ltd.
Wyloo has breached the 90% holding in Mincor for compulsory acquisition and the takeover is expected to be sealed in the coming weeks.
The Baptiste deposit in British Columbia is part of FPX’s 100%-owned Decar nickel project.