July 1, 2021

Shortages flagged for critical EV materials lithium and cobalt

As the world moves to meet stringent targets for cutting carbon emissions, demand for lithium, cobalt and nickel vital for electric vehicle batteries will soar.

June 30, 2021

CHART: Study predicts over 400% increase in copper, lithium, nickel battery demand

BloombergNEF turns super bullish about metals demand for batteries – ups forecast 35% to 2.7 terawatt hours per year by 2030 as electric cars take off.

June 30, 2021

Glencore paid $5.8bn to governments in 2020

Payments to governments in 2020 were lower due to pandemic disruption.

June 30, 2021

China faces risks due to high chrome, manganese, nickel import reliance — report

According to Roskill, China’s net import reliance on chromium, nickel and manganese ore are calculated at 100%, 83% and 68%, respectively.

June 29, 2021

Strike at Vale’s Sudbury operation strains battery nickel supply

Since the Vale strike began, the premium on briquette has risen 24%.

June 29, 2021

CHARTS: China’s overseas copper mining scramble

Chinese state and private investors have spent more than $16 billion over the last decade buying copper mines and projects including nearly 50 in Africa.

June 29, 2021

Vale commits $122 million to extend Manitoba nickel mines life

The investment, Vale's largest single one made at its Thompson operations, will extend current mining activities by 10 years.

June 29, 2021

Sumitomo Metal sees global nickel demand for battery use to rise 18% in 2021

Company said demand of nickel used in rechargeable batteries will increase to 228,000 tonnes in 2021 from 193,000 tonnes in 2020.

June 28, 2021

UEX extends Michael Lake nickel-cobalt zone with widest intersection to date

The company has received the final drill assays from last winter’s program at West Bear nickel-copper project in Saskatchewan.

June 28, 2021

Nornickel sees $500m hit from new export duties – RIA

Russia has introduced temporary new export taxes for steel products, nickel, aluminum and copper.