May 24, 2023 BHP-backed Tanzania nickel miner in talks for offtake contracts Lifezone Metals is negotiating supply deals with several electric vehicle manufacturers and battery makers.
May 24, 2023 Nornickel now earns nearly half of its revenue in Asia In the first three months of 2023, Asia accounted for 45% of the company’s revenue.
May 24, 2023 Commodity bull Goldman says ‘we were wrong’ but sticks to view The investment bank says its forecasts for major rises in raw materials this year hadn’t panned out so far, but calls for a major rally.
May 19, 2023 Vale said to decide on base metals sale worth billions next week: Brazilian paper The board of directors is to analyze binding offers for a 10% stake that could be valued at $2.5 billion.
May 19, 2023 LME profits fall to 8-year low as nickel crisis hits exchange The LME’s annual profit fell 27% to $56.1 million, the lowest since before a hike in trading fees in 2015.
May 19, 2023 Trafigura says accused fraudster’s wife not a bystander Trafigura in February accused Prateek Gupta and the companies connected to him of perpetrating a “systematic fraud” .
May 19, 2023 Nickel prices seen falling as global surplus looms Global nickel prices are poised to decline over the next few years as top producer Indonesia ramps up supplies and production costs fall.
May 18, 2023 Vale gets offers for stake in base metals unit Vale would sell 10% of the unit worth around $2.5 billion, local newspaper reports.
May 17, 2023 Sherritt International reports second fatality at Cuba mine in a month An employee died at its Moa joint venture mine in Cuba.
May 16, 2023 EU raw material targets need money and faster permits, sector chief says Under the EU Critical Raw Materials Act, 10% of annual needs must be mined in Europe by 2030.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
