On December 2nd, the APNI released INPI Index

Vale Base Metals, a unit of Vale SA (NYSE: VALE), announced on Tuesday that it has completed the construction and commissioning of its C$4.13 billion ($2.94 billion) Voisey’s Bay nickel-copper underground mine in northern Labrador.

Mine developers in Latin America are seeking new lithium and nickel prospects as current low market prices bring acquisition opportunities for those with a foothold in the region.

State-ownwed diversified miner PT Aneka Tambang (Antam) has allocated US$723 million (Rp11.46 trillion) in Capital Expenditure (Capex) that will be used for gold, bauxite, and nickel exploration over the next five years.

Australia introduces tax incentive to propel critical minerals industry

Indonesia is squeezing supplies of nickel ore to protect smaller local miners as the market for the battery metal endures a prolonged slump, according to Eramet SA.

The latest report published by the World Metal Statistics Bureau (WBMS) shows that in September 2024, the global refined nickel production was 287,896 tons, the consumption was 285,062 tons, and the supply surplus was 2,834 tons.

PT Aneka Tambang Tbk. (ANTM) forecasts nickel ore production to reach 11-11.5 million metric tons by the end of 2024. This year, the state-owned mining company received a production license for up to 12 million tons of nickel ore.