Indonesia adds nickel parks worth nearly $40 billion to strategic plan
The parks will produce mixed hydroxide precipitate and nickel and cobalt sulphate, used in the making of EV batteries.
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CME copper premium to LME attracting metal shipments to US
Hedge funds have increased their positions in the futures market amid relatively strong demand in the US.
European deep mine operators looking into underground energy storage
Underground energy storage gives end-of-life mine shafts, which otherwise face costly infilling and decommissioning costs, a second life.
Anglo American to sell De Beers, Amplats to fend off BHP’s bid
Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.
Peru copper output flat in March, but up 3.5% in Q1 2024
March production edged down 0.1% compared to the same month in 2023, new ministry's data showed.
Peru zinc miner Volcan to avoid debt haircut, new owner says
On top of making payments in June and August, Volcan is at an advanced stage in talks to sell its non-core assets.
Congo allows Zijin mine to resume operations, ministry letter says
Mining operations at COMMUS could resume as long as the company ensured radiation levels remained in line with standards.
Chile truckers protest rising crime in threat to mine transport
There were no immediate reports of disruptions at Chile’s giant copper and lithium operations.
CRMA: Rare earth elements a potential blindspot for EU policymakers and industry – report
The outlook for rare earths is concerning, with the region unlikely to meet 2030 extraction or processing targets across the entirety of the value chain, Adamas Intelligence warns.