Indonesia launches new phase of industrial park in bid to lure investors away from China Batang industrial park already hosts nearly 20 companies in 10% of its total area of 4,300 hectares. Reuters | July 26, 2024 | 8:40 am
New Caledonia nickel firm KNS starts layoff procedure KNS stopped its operations in March after Glencore decided to sell its interest following years of losses at the operation. Reuters | July 26, 2024 | 7:57 am
Gemfields auction revenue down amid market softening Revenue from auctions was down 17% to $121 million for the first six months of 2024, from $145 million a year earlier. Staff Writer | July 26, 2024 | 7:46 am
Indonesia trying to cut China stakes in new nickel projects The strategy could help the industry qualify for US government subsidies. Bloomberg News | July 26, 2024 | 7:18 am
Metals One to begin drilling at Råna Ni-Cu-Co project in Norway Drilling is focused on two targets comprising shallow, highly conductive electromagnetic anomalies. Staff Writer | July 25, 2024 | 4:39 pm
Vale says Q2 net profit triples, iron ore sales up The net profit was 65% higher than in the first quarter, when it totaled $1.68 billion. Reuters | July 25, 2024 | 3:53 pm
Rio Tinto, BYD and LG Energy show interest in Chile’s Altoandinos lithium site A total of 12 companies have submitted proposals to develop a lithium project in Chile's Altoandinos salt flats. Reuters | July 25, 2024 | 2:44 pm
Brazil government mulls ‘tougher measures and sanctions’ on Vale, minister says Brazil's government has regularly criticized the miner for two dam collapses in Minas Gerais state, and for not investing enough in the country. Reuters | July 25, 2024 | 11:28 am
Eramet lifts profit outlook on manganese rally, says nickel market tough Eramet's manganese mine in Gabon is one of its biggest activities. Reuters | July 25, 2024 | 10:36 am