November 21, 2022

China’s Lygend Resources aims nearly $600m in Hong Kong IPO

Lygend plans to use 56% of the proceeds for the development and construction of nickel production projects on Indonesia's Obi Island.

November 21, 2022

Iron ore price falls on surging covid cases in China

Expectations of rising supplies after India's decision to scrap export taxes on low-grade iron ore also weighed on sentiment.

November 20, 2022

US, Philippines to negotiate nuclear power tech-sharing pact

The US and the Philippines will open talks on a deal for the Asian nation to build nuclear power plants with American technology.

November 20, 2022

Toyota-Panasonic’s battery venture looking for new coastal site

Prime Planet Energy & Solutions is searching for a new domestic manufacturing site with seaport and clean energy access.

November 20, 2022

Egypt to start building $11 billion wind farm from 2024

The construction of one of the world’s largest wind farms in Egypt is set to start in 2024 and could provide electricity to Europe and Saudi Arabia.

November 18, 2022

Indonesia faces difficult task to create OPEC-like group for nickel

The proposal to "coordinate and integrate nickel policy" was made this week by Indonesia's investment minister in talks with Canada.

November 18, 2022

Eramet’s New Caledonia nickel business seeks help with new cash crunch

SLN has for years tried to improve profitability which has been hit by social unrest and energy supply issues in the French Pacific territory.

November 17, 2022

Plans for OPEC of nickel finds doubters in Australia, Canada

Indonesia is the biggest producer of nickel by a wide margin and is home to around 20% of the world’s deposits of the metal.

November 17, 2022

Rio to pursue Turquoise bid after ending talks with minority shareholders

Rio said it will proceed with the acquisition of the 49% stake in Turquoise and will work with the special committee for a new shareholder meeting.

November 17, 2022

Charts: How much will coal’s transition cost?

US announced a $20 billion package this week to help Indonesia shift to renewable energy.