June 21, 2023

What really happened the night the nickel market broke

Documents made public in a court hearing this week recount in detail the LME’s fateful decisions in early March 2022.

June 21, 2023

Global nickel market in 20,500 tonne surplus in April

Market had a deficit of 2,600 tons in the same month last year.

June 20, 2023

Bill Gates-backed KoBold Metals is the Silicon Valley’s newest unicorn

The company raised $200 million to dig for copper and lithium using AI.

June 20, 2023

Saudi’s PIF emerges as lead bidder for $2.5 billion Vale base metals stake

Saudi Arabia's Public Investment Fund may strike the deal for a roughly 10% stake of Vale's nickel and copper operations.

June 20, 2023

LME cancelled nickel trades to ‘save’ Tsingshan, London court told

Two financial firms are demanding a combined $472 million in damages.

June 20, 2023

Norway to open its waters to deep-sea mining

The country's government has outlined details of a plan to open its sea floor to commercial mineral exploration and extraction.

June 18, 2023

Material intensity in EV batteries going down —report

IDTechEx says there is a trend to reduce the number of materials that provide core functionality to the battery pack.

June 17, 2023

The world’s most feared investor heads for showdown over nickel

Next week, Paul Singer is taking on the London Metal Exchange.

June 16, 2023

EV battery prices rise for the first time in 2023

Battery prices are particularly being impacted by lithium carbonate prices in China, which increased by 55% in May.

June 16, 2023

Billionaire Reuben brothers sue Trafigura over nickel fraud

Trafigura found out that some cargoes it had bought didn't contain the nickel they were supposed to.