May 15, 2024

Vale Indonesia granted mining permit extension to 2035

Special licence is part of a wider deal that will see state-owned holding MIND ID become PT Vale’s largest shareholder, with 34% ownership.

May 14, 2024

Korea Zinc sees US opportunities as it targets big copper growth

The company is looking to increase its copper production to 150,000 tons a year by 2028 from around 30,000 tons in 2023.

May 14, 2024

Indonesia adds nickel parks worth nearly $40 billion to strategic plan

The parks will produce mixed hydroxide precipitate and nickel and cobalt sulphate, used in the making of EV batteries.

May 13, 2024

Canada Nickel records nickel recoveries of 59% at Mann Northwest

The Mann Northwest property is located east of Canada Nickel’s wholly owned Crawford nickel project, now under construction.

May 13, 2024

France backs nickel refinery project to bolster battery supply chain

The project, called Electro Mobility Materials Europe (EMME), aims to cover 20-30% of France's nickel and cobalt needs for electric vehicles by 2030.

May 11, 2024

Australia’s budget will boost critical minerals, treasurer says

Australia’s critical minerals industry is a major part of the government’s push to capitalize on the worldwide green energy revolution.

May 10, 2024

Sibanye seeks to loosen borrowing restrictions as earnings plunge

Sibanye CEO Neal Froneman said in the update that declining earnings could impact the company's debt covenants.

May 10, 2024

Philippines eyes boost to nickel processing capacity

The Southeast Asian nation is looking to follow neighbouring Indonesia, which lured major investment in processing plants for its huge deposits.

May 10, 2024

Miners seek exemption from Canadian tax hike to save equity deals

Finance Minister Chrystia Freeland’s new budget includes a measure to raise the capital gains tax inclusion rate to two-thirds from one-half.

May 10, 2024

Rio Tinto has not ruled out bid for Anglo American — report

While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American.