Andrew Forrest’s private nickel vehicle flooded by IPO pitches
Wyloo Metals says it’s being inundated with pitches to take the company public.
Mining People: Battery X Metals, NorZinc, Premium Nickel Resources, Nortwest Copper, Tudor Gold
Key moves in the mining sector.
Australia’s Nickel Industries to seek shareholder nod for $620m share placement
The nickel producer entered a share-sale deal in June to issue about 20% of its shares to PT Danusa Tambang Nusantara.
China nickel producers look to London exchange in dash for profit
Chinese companies likely to apply to the LME include Tsingshan Group, China's largest nickel producer.
Nornickel makes Asia pivot as metals price drop hits H1 profits
Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year.
Magna’s Crean Hill nickel project PEA outlines after-tax NPV of $175m over 15 years
The base case scenario for the PEA envisions a combination of open pit and underground mining, with mineable resources being sold to a third-party existing mill in Sudbury.
Indonesia’s EV mission will be trickier than just mining nickel
President Joko Widodo flew to China last week with his EV dreams high on the agenda.
Mining People: Canada Fluorspar, FPX Nickel, Max Resource, Onyx Gold, Silver Mountain
Key moves in the mining sector.
First Quantum starts output at Africa’s biggest nickel mine
The Enterprise mine is expected to ramp up annual production to 32,000 tons of nickel over the next two years.
How clean is the nickel and lithium in a battery?
The production of lithium and nickel can produce vastly different emissions profiles.
