Indonesia is managing the amount of nickel ore its miners produce in order to balance supply and demand, a government minister said.
IGO has awarded Barminco, an underground mining company owned by Perenti, a contract extension to continue mining at the Nova underground nickel mine in Western Australia.
Teck Resources Ltd.’s chief executive officer warned the Canadian government that it isn’t doing enough to foster development in the critical minerals sector.
The global nickel market is poised for a larger surplus next year, driven by continued production expansion in Indonesia, Japan’s largest nickel smelter Sumitomo Metal Mining said on Wednesday.
Brazilian miner Vale temporarily interrupted operations at its Onca Puma nickel plant in Para state after heavy winds damaged a local electricity transmission network, it said late on Sunday in a securities filing.
Nickel extended gains as supply cuts came into focus, while other metals held steady ahead of the reopening of Chinese markets after a weeklong holiday.
Lifezone Metals has signed a memorandum of understanding (MOU) with the Japan Organization for Metals and Energy Security (JOGMEC) that aims to support the Japanese agency’s efforts to secure cleaner metals from Lifezone’s Kabanga nickel project.
Canadian explorer Power Nickel said on Thursday it had hit the main mineralized structure within the Lion Zone of its flagship NISK polymetallic project in Quebec, Canada, following a retargeting exercise.
Saudi Arabia’s mining minister doesn’t see any barriers preventing dealmaking by the Kingdom into Canada’s mining sector, despite government rules restricting investments from state-owned foreign entities.
Russia’s Nornickel opened an R&D centre in St. Petersburg on Monday to study the use of nickel-containing cathode active materials in electric batteries, marking the first stage of the Russian firm’s entry into battery production.