Russia’s Nornickel will pay $18 million to pass its 50% stake in Nkomati nickel mine in South Africa to its partner African Rainbow Minerals (ARM), ARM said on Friday, ending years of Nornickel’s attempts to exit Africa.
Global commodity trader Trafigura on Friday said it has signed a $140 million investment agreement with Korea Zinc to build an all-in-one nickel refinery in Ulsan, South Korea, and finance its initial working capital.
Panoramic Resources (ASX: PAN) has launched a strategic review of its flagship Savannah nickel project, in the Kimberley region of Western Australia, amid weak battery metal prices.
Indonesia plans to introduce nickel tracing and push local producers to reach global mining standards to help the country move closer to securing a critical minerals deal with the US.
Indonesia plans to introduce nickel tracing and push local producers to reach global mining standards to help the country move closer to securing a critical minerals deal with the US.
Panther Metals is positioning itself for the first steps towards mining at the Coglia project, announcing on Wednesday that it would advance the project to a scoping study.