Nickel Mining News

Cobalt 27 to acquire ASX-listed Highlands Pacific

The acquisition, valued at $96 million, will increase Cobalt 27’s exposure to nickel through the Ramu nickel-cobalt mine in Papua New Guinea.

Blackwater founder launches fund to invest in electric car battery metals

The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper.

Year’s best major metal gains steam as supply eclipses trade woe

The price of palladium has more then doubled in the past three years.

Human activity creates 208 new mineral species

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

Russia's Nornickel terminates agreement with Botswana's BCL on asset sale

The termination of the agreement will also enable Nornickel to pursue its own strategy for the African assets.

Japan's Sumitomo Metal sees global nickel deficit nearly halving in 2019

Global demand for nickel is seen increasing by 3.4 percent in 2019 from this year to 2.339 million tonnes.

China's GEM signs five-year battery material supply deal with ECOPRO

This deal is Gem Co Ltd's latest effort to win a bigger share of the booming power cell market.

Miners are budgeting for a recovery in copper

Don’t listen to what miners say. Look at what they do.

ePower Metals buys Magenta cobalt project in Mexico

Magenta hosts numerous high-grade cobalt/gold/silver/nickel vein and skarn style deposits.

Clean TeQ's Sunrise nickel-cobalt-scandium project gets green light

Sunrise is one of the highest grade and largest nickel and cobalt deposits outside of Africa and one of the largest and highest grade scandium deposits in the world.

Indonesia's Silkroad Nickel inks $290m offtake agreement

The deal is to supply 15 million tonnes of nickel ore over a period of five to eight years, beginning March 2020.

Cuba sees nickel output topping 50,000 tonnes

Nickel is one of Cuba’s most important exports, but revenue from it has suffered in recent years due to a decline in production and prices.

Greece seeks to avert nickel producer Larco shutdown

Larco, which is 55% owned by the Greek state, owes about 280 million euros in unpaid electricity bills to state-controlled power utility Public Power Corp.

Vale buys innovator New Steel for $500m

Vale has focused on sales of better quality iron ore, mostly from its S11D project in Pará state, as demand for the cleaner and less polluting product rises in China, its main market.

TechMet appoints Admiral Mike Mullen Chairman of advisory board

TechMet has been operational for over a year and has assets, deployed in mining, processing and recycling projects around the world, including Canada, Brazil, Rwanda and Burundi.

Anglo ending 2018 on high note, predicts higher output, lower costs

The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.

Junior capitalization up 6% in year ended June 30

2018 was a relatively quiet year for the junior mining sector, we hope to see more of an upswing in 2019 - Dean Braunsteiner, national mining leader, PwC Canada

Vale doubles down on nickel ahead of EV revolution

Vale needs to sort out once and for all its problem child, Goro, and keep its fingers crossed that Tsingshan's announcement is, for now at least, "just talk".

Vale, Glencore team up to explore near Sudbury

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

Vale to go it alone on $500m investment in New Caledonia nickel mine

New Caledonia could be a very important part of our strategy to supply nickel, especially given the EV revolution.

Glasenberg eyes successor as Glencore readies new generation

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.

BHP gets green light to develop nickel mine in Western Australia

Using more nickel cuts costs by reducing the amount of expensive cobalt, a mainstay of current battery technology.

Trade truce lights fire under mining stocks

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.

Glasenberg says he'll stay for 3 to 5 years: Glencore Update

"When I go I hope it’ll be a 45-year-old who’ll take over," Glasenberg said

Moody’s sees weak lithium prices in 2020 due to projects frenzy

Spot prices would be pushed down despite rapid demand growth from batteries for electric vehicles (EV) makers, the experts say.