Alaska Energy boosts contained nickel at Nikolai project to 8 billion lb.
The new resource includes 813 million tonnes of indicated material grading 0.29% nickel equivalent.
The new resource includes 813 million tonnes of indicated material grading 0.29% nickel equivalent.
Glencore will keep the nickel plant under care and maintenance for six months, during which its employees would continue to be paid.
Nornickel expects a further decline in its nickel and palladium output this year, due to geopolitical risks and postponed furnace repairs.
Key moves in the mining sector.
Macquarie says January's full set of PMIs looks like a potential turning point for the global industrial cycle.
The processing plant in Ontario is expected to begin production in 2027 and process 80,000 tonnes of nickel annually.
Terry Lynch said he noticed persistent and suspicious trading patterns in his company's stock, leading him to investigate.
Tsingshan Group's nickel output rose 27% in 2023 to a record 1.12 million metric tons nickel unit.
The government plans to offer fresh subsidies and loans for a New Caledonia nickel plant co-owned by Glencore.
China's net imports of refined nickel fell to a near-decade low in 2023.
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