Russia’s Nornickel, the world’s largest producer of palladium and a major producer of refined nickel, on Friday said it plans to sell everything it produces in 2025, despite challenging conditions in the metals markets
Nickel miner Prony Resources New Caledonia SAS warned that its Goro mine in the French territory is economically vulnerable after a recent suspension due to unrest, even as the company restarts operations.
Indonesia will check miners’ compliance with environmental rules and other regulations and “reexamine” production quotas for those found to be in breach, a senior mining official said on Friday, amid efforts to ensure the sustainability of its reserves.
The outgoing administration of US President Joe Biden is making a last-ditch push for mining companies and others to invest in Greenland, a move aimed at cementing its critical minerals diplomacy and boosting Western supply of materials for the energy transition.
Indonesia is squeezing supplies of nickel ore to protect smaller local miners as the market for the battery metal endures a prolonged slump, according to Eramet SA.
BHP Group’s Australia chief said the nation can’t rely on its traditional mining export markets and is unprepared for a new era of lower-cost competitors.
Indonesia’s imports of nickel ore surged to 9.3 million metric tons in the first ten months of 2024, more than 50 times the corresponding figure of 161,917 tons for the year earlier period, the statistics bureau said on Friday.
Chile’s environmental regulator has filed a charge against state-run miner Codelco over alleged emissions violations at its Potrerillos copper smelter in the Atacama region.
Zhejiang Huayou Cobalt Co., one of the world’s largest nickel producers, is sounding out banks for roughly $2.7 billion in financing for its Ford Motor Co.-backed project in Indonesia, according to people familiar with the matter.
Japanese trading house Sumitomo Corp said on Thursday it was slowly resuming production at the Ambatovy nickel and cobalt project in Madagascar after last month’s pipeline issue and is reviewing future output volumes. Sumitomo has been struggling to stabilize production and improve profitability at the Ambatovy project, which launched in 2005. “Our priority for the...
