Nickel

Mining News Pro - Brazil’s Vale has begun working on resuming operations at its $3 billion Onça Puma nickel mining complex, as the country’s Supreme Court suspended injunctions against the miner earlier this month.

Mining News Pro - A nickel mining hub in the southern Philippines, which produces mostly high-grade material, has suspended extraction operations indefinitely as the regional government conducts an industry audit, a top government official told Reuters on Monday.

Mining News Pro - Indonesia, which is weighing an early ban on exports of bauxite and copper concentrates, is betting on Chinese companies to add to the billions of dollars of investment in building smelters and processing plants.

Mining News Pro - Poseidon Nickel Ltd, buoyed by a recent surge in nickel prices, said on Friday it would restart operations at its Black Swan project in Western Australia.

Mining News Pro - Indonesia will enforce a complete ban on the export of raw nickel ore from Jan. 1, two years earlier than planned, as the nation seeks to lock in supplies for dozens of smelters that are under construction and buttress a drive to build out local processing capacity, an official said.

Mining News Pro - Expectations of booming demand for electric vehicles have bolstered the longer term bull case for nickel, and a supply crunch, following threats of a shutdown of a major Asian supplier only added fuel to the fire on Friday.

Mining News Pro - Indonesia is weighing whether to advance the timeline for a planned ban on exports of mineral ores, the country’s trade minister said a day after nickel prices surged on speculation the Southeast Asian nation will halt shipments.

Mining News Pro - Indonesia’s nickel miners association (APNI) urged the government on Thursday not to bring forward a ban on raw mineral exports from 2022.

Mining News Pro - BHP Group is expanding its nickel business and plans to ramp up sales for the fast-growing electric vehicle (EV) sector, Asset President Eddie Haegel said on Monday.

Mining News Pro - Battery producers and electric automakers, including Tesla Inc., are concerned over longer-term supplies of nickel, a key material in their supply chain that’s forecast to fall into deficit, according to an Australian miner that’s held recent talks with the sector.

Mining News Pro - At some point in the next decade, a large, tractor-like device will start crawling the deepest seafloor, gathering potato-sized nuggets packed with metals crucial to electric vehicles, renewable-energy storage and smartphones.

Mining News Pro - RNC Minerals (TSX: RNX) filed on Thursday the updated NI 43-101 technical report for its Dumont nickel-cobalt joint venture project in Canada’s Quebec province, taking another step closer to advancing the project to construction.

Mining News Pro - Independence Group (IGO) has beat its 2019 financial year production guidance at the Nova nickel-copper operation in Western Australia after delivering a record March quarter.

Mining News Pro - Cobalt 27 Capital Corp. has reached an agreement with Swiss-based Pala Investments whereby Pala will acquire 100% of Cobalt 27’s common shares. Cobalt 27 shareholders will receive $5.75 per share – $3.57 in cash and $2.28 in shares of a new company to be called Nickel 28 Capital Corp.

Mining News Pro - The latest feasibility study on RNC Minerals’ jointly-owned Dumont nickel-cobalt asset in Quebec, Canada, has identified the potential for both electrification and automation of the open-pit haulage fleet at the project.

Mining News Pro - Auroch Minerals is bolstering its presence in Western Australia through a proposed acquisition of Minotaur Exploration’s Saints and Leinster nickel projects near Kalgoorlie.

Mining News Pro - Nickel spiked to its highest level in over two weeks on Friday as bearish investors covered positions, while other industrial metals gained on a weaker dollar and hopes for a U.S.-China trade deal.

Mining News Pro - BHP has indicated it will keep the Nickel West business in Western Australia as the company looks to capitalise on the emerging global battery market.

Mining News Pro - First Quantum Minerals is investigating the possibility of re-starting its idled Ravensthorpe nickel/cobalt operation in Australia, according to UK-based market research firm Roskill.

Mining News Pro - The price of copper dropped to a 15-week low on Monday after China fired back in the mounting trade war with the US. In afternoon trade, copper for delivery in July touched $2.709 a pound ($5,972 a tonne), down 2.4% from Friday’s settlement.

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