Trafigura faces $577 million loss on alleged nickel fraud
The company found that some cargoes it had bought didn't contain the nickel they were supposed to, and spent two months uncovering the scheme.
The company found that some cargoes it had bought didn't contain the nickel they were supposed to, and spent two months uncovering the scheme.
Anglo will provide technology expertise to the Crawford project in Ontario.
In just three years, Indonesia has signed more than a dozen deals worth more than $15 billion for battery and EV production.
The proposed tax on mineral ore exports is part of the overall plan to establish a new fiscal regime for the industry to boost government revenue.
Indonesia and the Philippines are the world’s biggest suppliers of nickel.
The new inferred resource estimate raised tonnage by 62% compared with figures from 2021.
Nickel volumes on the LME crashed 28% last year from 2021.
Nickel and palladium production is expected to fall due to planned refurbishment at Nadezhda metallurgical plant.
SPC believes that the West Graham and Crean Hill 3 deposits constitute the eastern and western portions of a large, near-surface nickel-copper sulphide deposit.
Potanin was placed on a US sanctions list as part of wider measures targeting people close to Vladimir Putin.