Vale Indonesia signs HPAL deal with China’s Huayou
Mining News Pro - Nickel miner PT Vale Indonesia on Tuesday signed an agreement with China’s Zhejiang Huayou Cobalt to build a second high-pressure acid leach (HPAL) plant to produce nickel material used in batteries to power electric vehicles.
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Vale sees 44% increase in global nickel demand by 2030
Mining News Pro - Brazilian mining company Vale said on Wednesday that global demand for nickel should increase 44% by 2030 compared to that expected for this year, due to high demand for use in batteries that power electric vehicles.
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BHP says copper strategy does not depend on M&A after OZ Minerals snub
Mining News Pro - BHP Group’s plans to grow its copper business are not dependent on acquisitions, the global miner’s chief executive told shareholders on Thursday, after the rebuff of its bid to take over a smaller Australian copper and nickel firm.
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FPX outlines 43,500 t/y integrated nickel sulphate operation in scoping study
Mining News Pro - FPX Nickel has announced results of an internal engineering scoping study evaluating the production of nickel sulphate for the electric vehicle battery market from the high-grade awaruite to be produced by the company’s Baptiste nickel project in central British Columbia.
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Vale sees 44% increase in global nickel demand by 2030
Mining News Pro - Brazilian mining company Vale said on Wednesday that global demand for nickel should increase 44% by 2030 compared to that expected for this year, due to high demand for use in batteries that power electric vehicles.
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Vale Indonesia signs $2 billion nickel project deal with Shandong Xinhai
Mining News Pro - Nickel miner PT Vale Indonesia on Tuesday signed an investment deal with China’s Shandong Xinhai Technology Co. Ltd and a unit of China Baowu Steel Group Corp. Ltd to develop a processing plant on Sulawesi island.
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‘Winter’ approaches for base metals equities
Mining News Pro - A metaphorical winter approaches for base metals equities, says Haywood Capital Markets in a new report published on Sunday.
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Visit: 133
Antofagasta’s Twin Metals sues US government over Minnesota copper project
Mining News Pro - Antofagasta Plc’s Twin Metals subsidiary sued the US government on Monday in a bid to revive its proposed Minnesota copper and nickel mine, which Biden administration officials had blocked this year over concerns it could pollute a major recreational waterway.
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Canada Nickel confirms discovery at newly acquired Deloro property in Ontario
Mining News Pro - Canada Nickel Company has received new assay results from its Deloro property that confirmed a second significant discovery from the company’s newly acquired property package in Ontario.
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Visit: 147
Miners face supply chain overhaul to meet US EV credit deadline
Mining News Pro - Miners will struggle to expand operations in the United States in record time to meet a deadline for sourcing key minerals domestically or from select countries as set out by a bill likely to be passed on Friday, companies and industry watchers said.
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US renewables investors see Senate bill sparking a gold rush
Mining News Pro - For the first time, investors seeking to pour cash into US clean energy projects can count on at least a decade of generous federal subsidies, offering them long-sought confidence in the staying power of the world’s third biggest renewables market.
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Indonesia says Tesla strikes $5 billion deal to buy nickel products
Mining News Pro - US carmaker Tesla has signed contracts worth about $5 billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia.
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EV Rising is Changing the Prospets of Mining
Mining News Pro - The most in-demand mining leaders are no longer those who’ve unearthed vast troves of glittering gold, but instead, the companies delivering previously shunned projects to yield volumes of lithium, nickel, manganese, and cobalt.
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Horizonte Minerals signs $135 million equipment contracts for Brazil nickel project
Mining News Pro - Horizonte Minerals said on Thursday that it had signed $135 million in contracts with machinery suppliers for the Araguaia nickel project in Brazil.
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Visit: 185
BHP to boost nickel exploration spending amid EV boom
Mining News Pro - BHP Group will increase its spending on nickel exploration over the next two years to meet growing demand for the raw material used in making electric vehicle batteries, the chief of its nickel operations said on Wednesday.
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Indonesia to issue nickel export tax rules in Q3
Mining News Pro - Indonesia plans to issue a nickel export tax policy in the third quarter of the year, as authorities seek to boost revenue from exports while encouraging more domestic production of higher-value products, a senior official said on Monday.
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Environmental groups ask Tesla to stop nickel plans in Indonesia
Mining News Pro - Environmental groups urged Tesla on Monday to reconsider its plans for nickel investment in Indonesia, the world’s top producer of the material, as ESG scrutiny mounts in an industry crucial to the electric vehicle revolution.
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Vale’s plan to turn around $40 billion copper-nickel unit suffers fresh blow
Mining News Pro - Vale SA’s plan to turn around its copper and nickel-mining unit is taking longer than expected, risking a delay to a possible sale or spinoff of a group the miner says could be worth $40 billion.
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Knotty nickel supply chain highly exposed to fresh shocks
Mining News Pro - The nickel market is hostage to two mercurial players: Russia’s Vladimir Potanin and China’s Xiang Guangda.
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Visit: 224
PolyMet and Teck form JV to develop Minnesota mining projects
Mining News Pro - PolyMet Mining Corp and Teck Resources Ltd said on Wednesday they will form a joint venture to develop their Minnesota copper and nickel mining projects.
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Visit: 82
PolyMet and Teck form JV to develop Minnesota mining projects
Mining News Pro - PolyMet Mining Corp and Teck Resources Ltd said on Wednesday they will form a joint venture to develop their Minnesota copper and nickel mining projects.
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Visit: 81
CanAlaska discovers new uranium zone at West McArthur project in Saskatchewan
Mining News Pro - CanAlaska Uranium (TSXV: CVV) has discovered a significant zone of basement-hosted uranium mineralization during its summer drilling program at the West McArthur project in Saskatchewan. West McArthur is a joint venture project with Cameco, the world’s largest public uranium company. CanAlaska currently owns about 70% of the JV and is the operator.
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Wallbridge spins out nickel assets to focus on gold
Mining News Pro - Wallbridge Mining is selling its nickel assets to Archer Exploration in an all-share deal worth C$53.6 million ($41.2m).
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Russia’s Potanin weighs big metals merger as defence against sanctions
Mining News Pro - Russian businessman Vladimir Potanin has said he is ready to discuss a possible merger between his mining group Nornickel and aluminium producer Rusal, a move that could strengthen their defences against any possible Western sanctions against them.
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UK launches critical minerals data centre
Mining News Pro - The British government announced on Monday the creation of a centre to gather data and analyse information on the supply of critical minerals such as cobalt, lithium and graphite, which are key for electric vehicle (EV) batteries and wind turbines.
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Visit: 347