Brazilian Nickel advances project financing with LOI for $550m
The funding represents 40% of the Piauí nickel project’s overall financing package.
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GoviEx initiates arbitration against Niger in uranium permit dispute
With the recent recovery in uranium prices, the Madaouéla project was poised for development, with first production targeted for 2025.
Germany to backstop Savannah’s spodumene lithium project in Portugal
The loan guarantee underscores the sense of urgency in Germany and other members of the EU to develop a domestic lithium supply chain.
Citi chops back copper forecasts as Trump’s trade tariffs loom
The metal is expected to average $8,750 a ton in 2025, down from a prior forecast of $10,250.
Freeport’s copper concentrate exports will only temporarily ease global shortages
A fire at PT Freeport Indonesia's Manyar smelter halted operations in October.
Perpetua Resources, Sunshine Silver to explore antimony processing in Idaho
Last week, China banned the export of antimony and other minerals such as germanium and gallium to the US.
Sibanye-Stillwater sells Beisa uranium project to Neo Energy
The deal gives Sibanye-Stillwater a 40% stake in Neo Energy, making it the largest shareholder and maintaining its uranium market exposure.
Lundin sells European mines to Boliden for up to $1.45 billion
Neves-Corvo in Portugal and Zinkgruvan in Sweden will nearly double Boliden’s zinc output and boost copper production by 43%.
New Caledonia nickel miner flags ‘fragile’ outlook after restart
Prony Resources warned that its Goro mine is economically vulnerable after a recent suspension due to unrest.
