Nickel Mining News

After cobalt-free pledge, Panasonic to triple consumption for auto batteries – sources

Panasonic Corp expects to more than triple its cobalt consumption in five years' time.

Trump trade war blows up big week for mining majors

A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names.

Japan's Sumitomo Metal says global nickel deficit to widen this year

Global demand for nickel is increasing by 7.3 percent in 2018 from last year to 2.298 million tonnes, while supply rises 6.8 percent to 2.210 m tonnes,

RANKED: Commodities that are added to mining company names

No surprise who the winner is.

Vale moves ahead with long-awaited expansion of Voisey's Bay mine

Transiting Voisey's Bay nickel mine from open-pit operations to underground will cost about $2 billion, and is expected to extend its productive life to 2035.

Vale confirms coming ‘announcement’ about Canada’s Voisey's Bay mine

Government and company officials told CBC News that a "significant" mining announcement would take place on Monday.

Northvolt begins building Europe’s largest lithium-ion battery plant

The battery cell maker is working on the first section of the factory, in Skellefteå in the north of Sweden, which will be completed in 2020 and produce eight gigawatt cell capacity per year.

It was a great first quarter for battery material financings

Lithium, copper and nickel.

About 75,000 jobs to go in Germany’s auto industry because of EVs — study

The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.

Cobalt thrifting in EV batteries won’t dent price any time soon

Even best-case, mass early roll-out of new cobalt-light batteries won’t solve cobalt supply issues says new report.

Metals merry-go-round: hiring picks up as prices recover

More hires are expected as brokers eye opportunities from China’s mainland exchanges opening to investors abroad.

China's Shandong Xinhai told to cut nickel pig iron output for summit -official

Shandong Xinhai has annual nickel pig iron production capacity of around 1.2 million tonnes.

Nickel price is soaring

Up 75% in a year battery producers stock up on high grade exchange-held metal in anticipation of electric vehicle boom.

RNC Minerals secures US$13m financing

RNC announced today that it has entered into a US$13 million bridge financing facility with Auramet.

Electric vehicles on the road to triple by 2020 — IEA

The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57% in 2017 from the previous year.

Early stage projects are located in mining-friendly jurisdictions

Worldwide there are over 30,000 exploration projects.

China metals companies trade on Shanghai exchange's new platform

It will expand to include more commodities, including zinc, lead, nickel, tin and silver, in the next step.

Report: Mining needs $100–$150 billion to meet EV demand

McKinsey asks if the availability and rising prices of cobalt, lithium, copper and nickel will constrain greater electric vehicle penetration.

Mergers and acquisitions in Canada stage exceptional comeback in Q1

However, the Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 8% in the three months to March 2018.

Sibanye-Stillwater accuses union of following ‘agenda’ to harm reputation

The Association of Mineworkers and Construction Union (AMCU) said the company failed to take precautions two avoid injuries at its mines earlier this week.

Rio Tinto about to offload stake in Grasberg mine for $3.5 billion

Company confirmed is in talks to sell its stake in the world’s second largest copper mine to Indonesia’s Inalum.

Cobalt 27 agrees to streaming finance deal with Australian miner

The transaction is the world's first cobalt-nickel streaming deal on a producing mine, Cobalt 27 said in a statement.

Nickel prices expected to settle after Russia sanctions fade

Nickel prices to ease off after reaching a three-year high in April.

It’s not about scoring the big win, it’s about not backing losers

MINING.com discusses the state of private equity investment in mining with Michael Scherb founder of Appian Capital.

Glencore, Barrick expect prospecting licence for Tanzania nickel project

Tanzania is seeking a bigger slice of the pie from its vast mineral resources by overhauling the fiscal and regulatory regime of its mining sector.