While prices remain stagnant and demand uncertain, the company is churning out more stones than at any other time in the past decade.
Nickel Mining News
Brazilian pension fund Previ won't sell Vale shares before year end- CEO
Previ intends to reduce its stake in the miner over the medium-term.
BASF and Nornickel join forces in European EV battery push
The move is part of BASF plans to invest up to 400 million euros ($462 million) as a first step in building production plants for cathode materials in Europe.
RNC kicks off gold exploration drilling program at Australian project
Objective is to expand upon the Father's Day Vein high grade gold discovery at the A Zone area of the Beta Hunt mine, near Kambalda, Western Australia.
Glencore boss Ivan Glasenberg to retire in 3-5 years — report
He is said to have already begun training three to four people to succeed him in the job.
Boom in EV batteries helps suppliers older than Ford’s Model T
Brazil's Vale expects the EV revolution to boost battery market nickel demand to as much as 700,000 tons in 2025, from just 36,000 tons this year.
NMC batteries dominating EV – sales to reach 63% of global market
NMC cathodes currently account for nearly 28% of global EV sales, forecast to grow to 63% by 2027.
Zinc, lead, other metals debut trading on Shanghai physical platform
Total volume reached 252 million yuan ($36.3 million).
Glencore chair Tony Hayward latest to drop out of Saudi conference
Another executive pulls out of conference due to widespread concern about the fate of journalist Jamal Khashoggi.
World's top miner embracing the boom in electric car batteries
BHP Billiton Ltd. is boosting sales of the top-quality nickel that’s needed for electric vehicle batteries, another sign that the world’s biggest miner is targeting more opportunities in the booming sector.
Vale rules out major acquisitions
CEO Fabio Schvartsman said the company would only invest further in nickel if global prices for the metal rise from $13,000 per tonne currently to around $20,000 per tonne.
Europe to spend billions on lithium-ion battery plants
The goal is to reduce reliance on batteries from Asia, particularly China and South Korea.
RNC Minerals recovers giant gold slab from its mine in Australia
The company believes the stones are among the biggest of their kind ever unearthed in the country.
Britain's CNM plans to relaunch Zambia nickel mine next year
The decision to restart output at the mine comes despite plans by the government to hike mining taxes to bring down mounting public debt.
Axiom soars on near supply deal for Isabel nickel mine in Solomon Islands
Mining at the project in the Pacific nation will start in December, with ore shipments expected to begin in the first quarter of next year.
Uganda to join transparency program as it seeks mining investors
The East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.”
Forty-five per cent of cars sold in Norway last month were electric: report
No gas or balloons needed.
China battery firms set up $700m nickel joint venture in Indonesia
Several global metals producers have also set their sights on Indonesia's nickel reserves, looking to tap an expected surge in demand for the battery metal.
Freeport, Rio formally yield control of giant Grasberg mine to Indonesia
Agreements give a majority stake in the giant Grasberg copper and gold mine to a local state-owned firm, becoming the country’s biggest divestment by a foreign resources company.
Brazil's Vale shareholders near deal to pay Eletron $692m
Two major shareholders of Brazilian mining company Vale SA are likely to reach an agreement on Wednesday to pay 2.82 billion reais ($692 million) to Eletron to settle a dispute over Vale shares.
BHP's Kalgoorlie nickel smelter shut down after fire
BHP Billiton said on Monday its Kalgoorlie nickel smelter has been closed after a fire that broke out over the weekend and the plant will remain shut while it assesses the damage.
China’s Ganfeng Lithium lands three-year contract to supply Tesla
Deal will see China’s No.1 producer of lithium supplying 20 percent of its production to the electric cars maker.
