April 15, 2024

Metals whipsawed as sanctions on new Russian supplies rattle LME

Aluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987.

April 15, 2024

Horizonte Minerals fails to secure financing, considering mine sale

The company considers selling its Brazilian nickel mine amidst low prices and supply surplus from Indonesia.

April 15, 2024

New metals sanctions push Russia further into China’s embrace

The sanctions now leave the Shanghai Futures Exchange as the only major commodities bourse in the world to accept Russian shipments.

April 15, 2024

Vale operations in Brazil now 100% renewable energy-powered

The world's top iron ore and nickel miner said that 100% of the electricity used in its local operations last year came from green sources.

April 13, 2024

LME bans Russian-origin metal after UK, US impose new sanctions

The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13.

April 12, 2024

US, UK take action targeting Russian aluminum, copper and nickel

A UK official said London expected any market disruption to stabilize quickly.

April 12, 2024

US plans chips, nickel deals in Philippines as defense ties grow

The US is supporting a grant to Eramen Minerals to develop an ore-to-nickel and cobalt processing plant.

April 11, 2024

Denarius sees quick restart for former Lundin nickel-copper mine in Spain

The Aguablanca mine will produce a total of 43.2 million lb. nickel and 34.6 million lb. copper plus gold, platinum, and palladium.

April 11, 2024

Flying Nickel updates Minago resource, including first PGM estimate

The MRE showed a 42% increase in the in-pit portion of the M&I nickel resource.

April 11, 2024

Canada Nickel starts working on Crawford, eyes 2027 production

The company has started front end engineering design at the northern Ontario project, expected to be in production by late 2027.