Looking at its resources, Indonesia will become the main player in lithium batteries.
Nickel Mining News
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.
The company specifically targeted cobalt for the first time at this historic silver producing mine.
What will define Chinese demand for iron ore is continued urbanization, infrastructure investments, auto production.
As electric vehicles slowly become a bigger part of the global fleet, questions about mileage and fuel efficiency are going to become more apposite.
Due to lower production amid bad weather and a slow ramp-up after a regular maintenance, Sumitomo now expects a loss of 13.6 billion yen.
Nornickels consolidated copper output has risen by 20% to 290,878 tonnes in the first nine months of 2018.
Horizonte plans to raise $443 million to begin construction on the mine in the middle of 2019, production slated for late 2021.
"Our goal is to complete the plant by the end of 2020, with commercial production commencing at the start of 2021," Joni Lukkaroinen, CEO of Terrafame