Nickel price slumps as electric dreams are rudely disturbed
The metal has endured its worst week in almost ten years, with the London Metal Exchange (LME) price collapsing by 16% in the space of two days.
Latest Stories
LME’s plan to end open outcry meets growing resistance
The London Metal Exchange’s proposal to end 144 years of open outcry trading is running into opposition from both brokers and industrial users.
China to “strengthen management” of strategic mineral resources, eyes green upgrade of steel
China aims to complete ultra-low emission upgrade for 530 million tonnes of steel capacity.
KGHM looking to sell two US copper assets
Poland's state-run mining company plans to sell its Robinson and Carlota copper mines in the United States and reinvest the proceeds in its domestic operations.
Rock and heavy metal: winners emerge in energy transition
As world economies shift to more electrification and away from fossil fuels to reach net-zero carbon emissions by 2050, expect more copper mining and interest in metals like cobalt and nickel.
Upstream tailings dams pose much higher stability risks, study finds
Some 10% of all the facilities surveyed had reported a stability issue, but that figure jumped to 18.3% for active upstream facilities.
Shandong Yulong Gold to buy Australia’s Barto for $188m in debt
Barto's operations, in the Southern Cross greenstone belt, are currently managed on behalf of Shandong Tianye by West Perth-based explorer Minjar Gold.
Tesla gets involved in New Caledonia mine to secure nickel supply
Tesla will be a “technical and industrial partner" in the Goro nickel mine, which is being acquired by a consortium led by Trafigura.
Metal that worries Tesla most is getting much cheaper
Nickel tumbled after a major Chinese producer’s unexpected plan to add supply eased concerns about a deficit.
