US law firm Bernstein Liebhard said the suit would deal with "misleading statements" made by the precious metals producer, which has had 21 fatalities on its operations so far in 2018.
Nickel Mining News
Philippine miners call for end of ban on big new projects
Miners are urging the government to lift a six-year ban on large-scale projects in the Philippines after the state removed restrictions on smaller ventures.
Lithium demand from battery makers to almost double by 2027
Strong demand growth will be largely focused on high-grade lithium, according to research firm Roskill.
Automakers spending $255B on EVs a 'pile-up of epic proportions'
Battery materials can charge mining's next supercycle but new study says automakers will "throw away tens of billions" making electric vehicles no-one wants.
Volkswagen invests USD$100m in solid-state battery research firm
Sold-state batteries have been made with ceramics and glass.
Trump vows to open Minnesota's Superior National Forest to mines
Trumps administration will soon be “taking the first steps” to rescind a move made by the Obama administration to put the national forest off limits to industry activity.
Trade worries aside, copper price has further to fall
"Metals markets are well supplied and weaker demand from China will prove too strong a headwind for prices," says new report.
More than 20 Philippine mines pass govt review, 4 fail — official
The panel reviewed the 27 mines in the world's No. 2 nickel ore supplier that former Environment and Natural Resources Secretary Regina Lopez ordered closed or suspended last year.
BHP steps up efforts to sell Nickel West business in Australia — report
The world's top miner is said to have hired Goldman Sachs to assist with the sale of the Western Australia-based nickel operation.
US-China trade spat wipes $57B from top mining stocks in fortnight
Copper, iron ore prices drop, mining majors punished as US threatens more tariffs on "predatory" Chinese imports and Beijing calls it "blackmail".
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,
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.
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.
