Indonesia to set up $2bn EV fund with China’s CATL, CMB InternationalIndonesia is keen to develop its own EV and battery industries at home, after banning exports of nickel ore to ensure supply for investors since 2020.Reuters | November 14, 2022 | 9:21 am
Nickel briefly surges by limit as report of blast spooks marketThe metal price jumped by its 15% daily limit after…Bloomberg News | November 14, 2022 | 8:07 am
Indonesia’s Adaro signs MoU with Hyundai for aluminum supplyHyundai would secure the right to purchase aluminium produced by…Reuters | November 13, 2022 | 9:51 am
Demand for EV raw materials to spike – report United Nations says global market for cathode to reach $58 billion by 2024. MINING.com Editor | June 24, 2020 | 12:14 pm
Barrick to begin layoffs in PNG as lease dispute deepens About 2,650 PNG nationals would be retrenched by the end of July, the company said. Reuters | June 24, 2020 | 9:29 am
Ten countries control 50% of global gold reserves Although the United States continues to hold the largest gold reserves, China and Russia have emerged as the top buyers. Justinas Baltrusaitis - BuyShares | June 24, 2020 | 9:13 am
Experts call for plan to protect deep-sea life from mining Mining the sea floor opens a vast source of key metals needed for clean energy, but should start after a full evaluation of likely environmental impacts, report shows. Cecilia Jamasmie | June 24, 2020 | 3:55 am
Maaden phosphate unit signs $4.1 billion finance deal The refinancing allows the business to reduce interest expense and pushes back the start of repayments until 2022. Bloomberg News | June 22, 2020 | 9:46 am
Freeport Indonesia to shift to all-underground mining by 2022 Copper production to rise to 160,000 daily tonnes of ore for 2021 and 200,000 tonnes for 2022. Reuters | June 22, 2020 | 8:28 am
Fossilized fish linked to rare earths deposits Researchers discovered the origin of a large deposit of rare earths near the Japanese island of Minamitorishima. Valentina Ruiz Leotaud | June 21, 2020 | 6:55 am
Investors, corporates don’t view ESG risks alike – report The 2020 Metals and Mining Survey obtained responses from more than 100 corporate issuers and investors active in the sector. MINING.com Editor | June 19, 2020 | 12:48 pm
State miner to acquire 20% stake in Vale Indonesia Vale will receive $290 million for the sale, in which Sumitomo is also participating. MINING.COM Staff Writer | June 19, 2020 | 9:09 am