February 17, 2022

LME warehousers slash capacity as metal stocks drain away

Exchange stocks have been draining away as pandemic demand recovery collides with disrupted supply chains across the base metals spectrum.

February 17, 2022

Nickel price highest in 3 weeks as US talks of Russian invasion of Ukraine

US ambassador to the United Nations Linda Thomas-Greenfield said that Moscow appears to be “moving toward an imminent invasion” of Ukraine.

February 17, 2022

IGO gets Western Areas’ shareholder Wyloo nod for $790m bid

Australian billionaire Andrew Forrest-backed Wyloo Consolidated will vote its 9.8% stake in Western Areas in favor of IGO's bid.

February 16, 2022

Cobalt powerhouse doubles down on nickel

Umicore says the burgeoning electric-vehicle industry is switching to high-nickel batteries far faster than expected.

February 15, 2022

Eramet’s New Caledonia unit gets extra nickel ore export allowance

New Caledonia has authorized its SLN subsidiary to export an additional 2 million tonnes of nickel ore per year.

February 15, 2022

Sumitomo to spend big to boost output of nickel, battery materials

The Japanese miner it will triple its capital expenditure over the next three years to boost its output capacity of nickel and cathode materials used in batteries.

February 14, 2022

Trader known as ‘big shot’ battles mystery nickel stockpiler

Tsingshan chairman Xiang Guangda isn’t afraid to place big derivatives bets on where prices are headed next.

February 14, 2022

DOE backs Rio Tinto led investigation into carbon storage at Minnesota nickel project

Tamarack is an advanced exploration project and a joint venture with Talon Metals.

February 14, 2022

Gold price nears 3-month peak as Ukraine tension lifts haven demand

The latest developments in the Ukraine also lifted other metals like palladium, nickel and aluminum.

February 11, 2022

Boliden sets extra dividend as metal price rise buoys profits

Company contended with increased maintenance and production disruptions at Harjavalta plant in Finland in 2021.