Nickel Industries inks binding agreement for IMIP Solar Project

Nickel Industries Limited and PT Sumber Energi Nusantara (SESNA) have entered into a binding Operational Lease and Service Agreement (OLSA) for the development, installation, operation and maintenance of a 200MWp + 20MWh battery solar project within the Indone...

Tuesday, October 10, 2023

New Abaxx exchange to expand EV metals offering beyond nickel

According to sources, a new Singapore-based commodities exchange, preparing to roll-out a futures contract for nickel used in electric vehicles (EVs), also aims to add contracts for other metals used in EV batteries.

Tuesday, October 10, 2023

INSG forecasts a third consecutive year of nickel surplus

Global nickel production will outpace demand to the tune of 239,000 metric tons next year, according to the International Nickel Study Group (INSG).

Sunday, October 8, 2023

Vale not planning more equity sales in Base Metals, may consider IPO in 3-4 years

Vale is a major global producer of iron ore, copper and nickel.

Saturday, October 7, 2023

Glencore to stop funding troubled New Caledonia nickel plant

Glencore Plc said on Wednesday it will stop funding the loss-making Koniambo Nickel SAS (KNS) business it co-owns in New Caledonia at the end of February, adding to pressure on the troubled nickel sector in the French Pacific territory.

Thursday, September 28, 2023

Philippines’ lower house passes bill overhauling mining tax system

The Philippines’ lower house on Tuesday approved a bill that overhauls the tax system for mining, which the government said will be simplified to make the industry more attractive to investors.

Wednesday, September 27, 2023

LG Chem with Huayou to make battery materials in Indonesia, Morocco

Recently, South Korea’s LG Chem Ltd has entered a partnership with China’s Huayou Group’s subsidiary Youshan to build a joint electric vehicle (EV) battery material plant in Morocco to diversify its portfolio.

Tuesday, September 26, 2023

Philippines hopes to boost cooperation with US in mining and batteries

The Philippines is eager to expand economic cooperation with the United States, particularly in critical minerals and production of battery components, Philippines Foreign Minister Enrique Manalo said on Friday.

Monday, September 25, 2023
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