February 10, 2023

Vale Indonesia breaks ground on $2.5 billion ferronickel smelter

The Bahodopi project will produce ferronickel with 73,000-80,000 tonnes of nickel content per year, Vale said.

February 9, 2023

Russian metal makes up 42% of LME warehouses’ stocks – report

Last year, the LME decided not to ban Russian metal from being traded and stored in its system.

February 9, 2023

Redwood Materials wins $2bn DOE loan for EV materials plant

The funds will be used to build out a $3.5 billion recycling and re-manufacturing complex in Nevada.

February 9, 2023

Trafigura faces $577 million loss on alleged nickel fraud

The company found that some cargoes it had bought didn't contain the nickel they were supposed to, and spent two months uncovering the scheme.

February 8, 2023

General Motors competes for stake in Vale’s base metals unit

Automakers have been stepping up efforts to lock in supplies of nickel and copper.

February 8, 2023

Anglo American to take up 9.9% of Canada Nickel for $18 million

Anglo will provide technology expertise to the Crawford project in Ontario.

February 8, 2023

Sumitomo Metal raises FY profit forecast on higher prices

Company increased its forecasts for full-year net profit and dividend thanks to stronger-than-expected prices of nickel, copper and gold.

February 6, 2023

Wood Mackenzie launches new analytics service covering entire EV supply chain

EVBSC is the most comprehensive industry analysis of the supply chain for electric vehicles and battery materials.

February 6, 2023

Australian startup Recharge to buy failed Britishvolt

Recharge Industries will simultaneously work on Britishvolt’s planned “gigafactory” in England and a plant in Australia.

February 6, 2023

Like Musk, nickel-rich Indonesia has high electric vehicle ambitions

In just three years, Indonesia has signed more than a dozen deals worth more than $15 billion for battery and EV production.