Glencore backed and ready to hit production status: Pacific Nickel Mines
Pacific Nickel Mines (ASX: PNM) has submitted a notice for the final US$19 million of a US$22 million loan from mining giant Glencore to help develop its Kolosori Nickel Project in the Solomon Islands. |
LME expects more fast-track listings after approval of new nickel brand
The London Metal Exchange (LME) said on Thursday it had approved nickel produced by Quzhou Huayou Cobalt New Material, a subsidiary of China’s Zhejiang Huayou Cobalt, as a list brand and expects more brand applications in coming months. |
Global nickel market in 11,900t surplus in May – INSG
The global nickel market had a surplus of 11,900 metric tons in May, compared with a surplus of 13,900 tons in the same month last year, data from the International Nickel Study Group (INSG) showed on Tuesday. |
PolyMet Mining in Definitive Deal for Glencore to Buy Full Control
Glencore has struck a deal to buy the outstanding shares of PolyMet Mining, gaining full control of a mine development company that holds a 50% stake in a copper and nickel joint venture with Teck Resources. |
Nordic Nickel flags string of ‘encouraging’ exploration results from Pulju Project, Finland
Nickel sulphide explorer Nordic Nickel (ASX:NNL) has defined further wide zones of nickel sulphide mineralisation at the Hotinvaara prospect within its flagship Pulju Nickel Project in northern Finland. |
Bofa cuts nickel price forecast to $22,063/t in 2023
Bofa cuts nickel price forecast to $22,063/t in 2023 ($23,222/t preciously); 2024 forecast unchanged at $21,250/t. |
Indonesia probes possible illegal nickel ore exports to China
Indonesian officials are investigating whether there have been illegal nickel ore shipments to China, more than three years after Jakarta banned exports of the commodity, its mining minister said on 7 July. |
How China Came to Dominate the World’s Largest Nickel Source for Electric Cars
Chinese firms mastered a process that unlocked Indonesia’s ore for use in making EV batteries.Across the Indonesian archipelago, new industrial plants are going up to process chunks of nickel ore for use in electric-car batteries. Five years ago, there were n... |
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