Russia’s Nornickel, the world’s largest producer of palladium and a major producer of refined nickel, reported on Monday a 1% drop in nickel output for the first half of the year, but kept its 2024 production guidance for both metals.

Indonesia’s government is seeking to reduce Chinese participation in new nickel projects to help the industry qualify for US government subsidies, the Financial Times reported, citing a person familiar with the matter.

Europe-focused Metals One (AIM: MET1) announced Thursday that Kingsrose Mining (ASX: KRM), partner and operator of its Råna nickel-copper-cobalt project in Norway, has entered into a contract to begin core drilling at the Rånbogen prospect in August.

Eramet nickel ore activity performances in H1 2024.

Cerro Matoso payable nickel production was largely unchanged at 40.6kt in FY24, achieving 100% of guidance, with higher planned throughput and nickel grades supporting a 6% increase in production during the June 2024 quarter.

First Quantum Minerals (TSX: FM) has begun commercial production at its Enterprise mine, set to become Africa’s biggest nickel operation, helping Zambia get closer to its goal of turning into a key supplier of battery metals.

Flying Nickel Mining has signed a binding letter of intent with Norway House Cree Nation (NHCN) to offload its Minago Nickel project as well as related assets and undertakings in Manitoba, Canada.

Vale Base Metals is set to open a new open pit mine at the historic Stobie mine site in Sudbury, Ontario. This project is expected to cost C$205 million ($149m) over the next four years.