Trafigura-backed nickel mine seeks new partner for bailout
The trading giant declined to contribute more funds as part of a French government rescue package for the New Caledonian mining industry.
The trading giant declined to contribute more funds as part of a French government rescue package for the New Caledonian mining industry.
Production from Greenbushes in Western Australia is likely to be reduced as sales drop and inventories rise.
The world's largest lithium producer's move comes as an oversupply of the metal used in EV batteries has caused prices to collapse.
The bank conducted an investigation leading to the terminations after a male banker in Toronto made a bullying and harassment complaint.
The Association of Mining and Exploration Companies says Australia should introduce a 10% production tax credit or downstream producers.
The strategy aims to tackle obstacles impeding project development and workforce stability.
This represents a 40% improvement over the figure in 2021 and 46.3% higher than the C$12.3 billion reported for 2018.
Muhaimin Iskandar, the running mate of presidential candidate Anies Baswedan, said the government’s so-called “downstreaming” policy had caused major environmental damage.
Nickel was the worst performer among the London Metal Exchange's base metals last year.
Belgrade revoked licences for Rio's $2.4 billion Jadar lithium project in Western Serbia in January 2022.