August 4, 2023

Vale Indonesia plans to divest 14% stake – minister

The shares will be sold to MIND ID, Indonesia's state mining holding company.

August 3, 2023

Jokowi’s EV ambition takes a step forward with cathode factory

Aneka Tambang, Indonesia Battery Corporation and a consortium led by LG are building the facility as part of a $9.8 billion “grand package” to build battery production onshore.

August 3, 2023

China nickel producers look to London exchange in dash for profit

Chinese companies likely to apply to the LME include Tsingshan Group, China's largest nickel producer.

August 3, 2023

Metals traders are leaving hedge funds as markets disappoint

Despite the personnel moves, there aren’t yet signs of permanent retrenchment among hedge funds in metals.

August 3, 2023

Canadian deep-sea miner TMC to seek licence in 2024

The Metals Company is ready to apply for a mining licence next year, with production expected as early as the fourth quarter of 2025.

August 2, 2023

Britain agrees deals on clean energy, critical minerals with Zambia

The foreign ministry would agree on a UK-Zambia Green Growth Compact, aimed at generating £2.5 billion pounds of British private sector investment.

August 2, 2023

Nornickel makes Asia pivot as metals price drop hits H1 profits

Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year.

August 1, 2023

China’s metals and mining investment overseas to hit record in 2023 – report

Chinese investments and new contracts in the metals and mining sector topped $10 billion during the first half of 2023, a 131% growth year-on-year.

August 1, 2023

Li-Cycle starts battery recycling operations at German plant

The facility in Magdeburg has the capacity to process 10,000 metric tons of battery parts annually.

July 31, 2023

Magna’s Crean Hill nickel project PEA outlines after-tax NPV of $175m over 15 years

The base case scenario for the PEA envisions a combination of open pit and underground mining, with mineable resources being sold to a third-party existing mill in Sudbury.