Canada Nickel plans to raise $1 billion for processing plant
The processing plant in Ontario is expected to begin production in 2027 and process 80,000 tonnes of nickel annually.
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Anglo American posts 24% rise in annual copper output
The company left its 2024 copper output guidance at 730,000-790,000 tons.
Portuguese prosecutors seek to annul environment permit for Savannah lithium mine
The Savannah mine was part of a wider probe last year by Portuguese prosecutors into alleged illegalities in lithium and "green" hydrogen deals.
Capstone raises $265 million to advance Chilean copper projects
Proceeds will go towards the Mantoverde optimized project and Santo Domingo detailed engineering.
Palladium price drops below platinum for first time in five years
Palladium fell by 39% in 2023 after rising prices from 2018 to 2022 caused the auto sector, accounting for 80% of demand, to start replacing it with cheaper platinum in autocatalysts.
Pressure groups sue LME for allowing trade of ‘polluting’ Indonesian metal
Activists allege that the LME allowed sales on its platform of copper produced at the Grasberg mine, which they claim is polluting local rivers.
Indonesia’s metals giant Mind ID seeks bids for $2 billion loan
The state-owned mineral-resources holding company plans to use the proceeds partly to repay existing debt.
Congo artisanal cobalt monopoly can launch in months, CEO says
Entreprise Generale du Cobalt will soon launch pilot sites around the town of Kolwezi.
US to commit more funds to African rail link for metal exports
The United States will provide more funds for the construction of the Lobito Corridor.
