A joint approach could allow for resources to be unlocked that would likely not otherwise be productive - Ricus Grimbeek, COO, Vale’s North Atlantic Operations and Asian Refineries
Nickel Mining News
New Caledonia could be a very important part of our strategy to supply nickel, especially given the EV revolution.
Glasenberg, a workaholic, straight-talking South African who has become the public face of the commodity trading industry, has led Glencore for nearly two decades.
Using more nickel cuts costs by reducing the amount of expensive cobalt, a mainstay of current battery technology.
Relief that an escalation in the trade war between the US and China has been avoided – at least for now – sparked a huge rally in mining stocks on Monday.
"When I go I hope it’ll be a 45-year-old who’ll take over," Glasenberg said
Spot prices would be pushed down despite rapid demand growth from batteries for electric vehicles (EV) makers, the experts say.
Looking at its resources, Indonesia will become the main player in lithium batteries.
The Vancouver junior mobilized a second drill rig and commenced drilling at two targets of its Bujagali mine.
Operations at Driefontein, Kloof and Beatrix mines were halted late on Wednesday.
Expectations of a supply avalanche hitting the nickel market next year due to new capacity in Indonesia have sent prices to seven-month lows, but analysts doubt the plans spearheaded by Chinese firms can be carried out so quickly.
Nornickel’s current capex plan includes $6.5-7.5 billion for its base investment programme and $2.5 billion for its environmental programme.
The global energy-storage market will surge to a cumulative 942 gigawatts by 2040.
The bill proposes a gradual reduction in taxes on businesses to 30% by 2022 as well as a new sales tax refund of 19% for capital goods such as machinery.
The company's Onça Puma nickel mines blamed for contaminating the Catete river, which prosecutors said had a "severe" impact on the Xikrin and Kayapo tribes.
German automaker is also considering involvement in battery production.
The nine mines, six of which are nickel operations, have been shut since 2017 as part of an environmental crackdown on the sector.
Budgets jumped about 19%, outpacing last year’s gain.
Tamarack North nickel-copper-cobalt project in Minnesota is expected to produce 23.3 million lb. nickel and 11.1 million lb. copper per year over a 7 year mine life.
The agreement provides a considerable combined offering to the mineral exploration and mining market.
The numbers are up thanks to the success of the company’s Moa JV with the Cuban Government.
Sumitomo Metal cut its full-year forecast, blaming lower-than-expected metal prices amid the U.S.-Sino trade spat, and reduced nickel output.
EY’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 12 percent in the third quarter of the year when compared to the previous three-month period.
The state-owned metals and mineral trading firm also signed a 2,400 tonne nickel briquette purchase agreement with Japan's Sumitomo Corp.
Michael Rowley, president and CEO of Group Ten Metals Inc. interview with Maurice Jackson.