Navoi Mining to invest $23 million on Muruntau mine expansion

The world’s top producer boosted production 6% year-on-year in the first half of the year.

Global geopolitical and energy transformations are driving an increased demand for tangible holdings, notably commodities, which are critical for the energy transition.

The miner reported on Monday a 1% drop in nickel output for the first half of the year.

Teck has acquired a 6.89% ownership in the junior explorer.

India tops the global ranking with demand nearly 50 times that of its mined supply.

The DOE deferred a decision on a waiver for 2026 and 2027, Centrus said.

Nornickel executives held talks with potential Chinese partners this month and signed about 10 memorandums of understanding, Bloomberg sources say.

The world’s largest producer of uranium is increasing its mining tax on the nuclear fuel by at least 50% next year.

Nornickel will re-launch one of the two furnaces at its flagship Nadezhda Smelter in early August.