Nornickel cuts nickel production by 10% y/y in Q1
The company confirmed its 2024 production forecast, expecting nickel production to fall to 184,00-194,000 tons.
Latest Stories
Copper price hones in on $10,000/t as supply angst continues
Copper climbed as much as 1.1% early Monday to reach $9,988 a ton.
Huayou cuts lithium production, costs on battery metals rout
The Chinese firm said its inventory levels for lithium products expanded by more than 3,900% last year.
Sandvik’s Q1 core profit falls more than expected
Operating profit before amortization and items affecting comparability was 5.28 billion crowns, versus 6.12 billion a year earlier.
Copper demand to boom as new technology drives power consumption, Trafigura says
It is estimated that one third of the 10 million tons of new demand would come from the electric vehicle sector.
Nornickel moves closer to biggest buyer with plan for copper plant in China
The Russian firm will close its Arctic copper plant and build one in China with an unnamed partner.
BHP aims to receive first ammonia-fuelled bulk carrier in 2026
BHP also plans to use bio-blended fuels for bunkering regularly to meet Europe's shipping emissions requirements.
Ever heard of goldene?
Sheets of gold only a single atom layer thick create a new material called goldene.
Adriatic Metals takes over as operator of Bosnian silver mine
The Rupice deposit is part of Adriatic's recently opened Vares silver mine, the first operation to open in Europe in over a decade.
