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...

Aluminum giant Rusal has added fresh claims to its legal dispute against Russian billionaire Vladimir Potanin, CEO and largest shareholder of metals producer Nornickel, court documents seen by Reuters showed. The new claims allege that the creation of digital exchange platform Atomyze and launch of an employee incentive scheme by Nornickel benefitted Potanin at the...

Russia’s Nornickel, the world’s largest producer of palladium and a major producer of refined nickel, has raised its 2024 production guidance for all metals. The company said on Monday that its full-year nickel production forecast was now at 196,000-204,000 metric tons, up from 184,000-194,000 tons previously. The new target was still below the 209,000 tons...

The move reflects the growing realization in Washington that efforts to combat climate change will be moot unless the US boosts its production of lithium, cobalt, and other critical minerals and curbs reliance on China and other overseas rivals. Washington last December issued proposed rules for manufacturers to access the so-called 45X tax credit, created...

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.