African Rainbow Minerals not convinced nickel price sustainable
Nkomati mine remains under care and maintenance.
Nkomati mine remains under care and maintenance.
Three key targets so far at the project are Fortin Sill, the Ducros Sill Complex and the Ducros Gabbro.
Lygend is the latest producer of battery raw materials to ride on the electric vehicle boom to raise funds in Hong Kong.
He also confirmed in an interview that Indonesia would impose a carbon tax before the end of the year.
During the first six months, the global market was in a surplus of 30,800 tonnes compared with a deficit of 125,500 tonnes in 2021.
The project's preliminary economic assessment based on prior resource estimates outlined a 25-year operation that would produce 842,000 tonnes of nickel.
The second phase has now begun, consisting of bathymetry for receiving waterbodies and lakes surrounding the project.
Decision follows an April 1 resolution that blocked other Russian metals including copper, lead and aluminum from British warehouses.
West Musgrave was on track for a final investment decision in the current half of 2022.
Tsingshan Holding Group is in advanced talks to sell some of its stainless-steel assets in Indonesia.
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