January 25, 2021

Sumitomo to book additional 30bn yen impairment on Madagascar nickel project

The Japanese trading house, which owns a 54.17% stake in the project, posted an impairment loss of 55 billion yen for the April-June quarter.

January 22, 2021

CHART: US spending less on electric cars than three years ago

New report shows US spending on electrified transport peaked in 2018 with Tesla Model 3 launch. Europe’s spending in 2020 was 4 times larger, surpassing China.

January 21, 2021

MINING.COM MINUTE: Biggest stories of the week

Fire at Vale iron ore terminal could cut shipments by 32m tonnes; China’s imports of Australian copper ore plunged to zero; Kabanga, Tanzania to develop world’s largest nickel deposit

January 20, 2021

President Biden to boost US mining, green energy metals

Analysts say any slowdown effects in the mining sector will be offset by Biden’s plans to support domestic production of metals used in EVs, solar panels and green technologies.

January 19, 2021

Cobalt price rally lifts EV Metal Index to fresh record high

Cobalt use in newly-sold electric cars sets record and prices jump to 21-month high, lifting overall index to fresh monthly record.

January 19, 2021

Miners now saviours in green transition

The whole system has to be rebuilt, and that is the onset of the revenge of the miners, says Robert Friedland.

January 19, 2021

Kabanga, Tanzania to develop world’s largest nickel deposit

The UK-based miner and Tanzania will jointly develop a project formerly owned by Barrick and Glencore.

January 18, 2021

Norilsk Nickel taps into precious metal ETCs

The move marks the first time a mining company introduces tracker products.

January 18, 2021

Bluejay, Rio Tinto’s JV in Finland is official

The London-based explorer announced that all conditions have now been satisfied for the commencement of the Enonkoski project joint-venture.

January 15, 2021

Nornickel joins blockchain network for responsible minerals sourcing

RSBN is an industry collaboration across the minerals supply chain using blockchain technology to support responsible sourcing and production practices from mine to market.