Weekly Nickel News

Top Stories : February 13 to 19
Lifezone Holdings Limited, a developer of cleaner battery metals, has announced completion of the US$50 million additional investment tranche payment from its partner in Kabanga Nickel Limited, BHP Billiton DDS Limited.

On February 15, Qingdao Zhongcheng said in an answer to a question about the company’s production in Indonesia that the nickel mine under the company’s Indonesian subsidiary Bumi Morowali Utama already started operation. But in view of the current Indonesian export restriction on laterite nickel ore, the mined nickel ore will be sold and smelted in Indonesia.

Independent geological consultants have defined a copper-nickel-cobalt sulphide exploration target at Cosmo Metals Mt Venn prospect, within the Yamarna project in WA of between 10.2 to 32.3 million tonnes of copper-nickel-cobalt mineralisation with grades ranging from 0.55% to 0.63% copper equivalent.

Bravo Mining (TSXV:BRVO) has reported new assay results from the Luanga palladium + platinum + rhodium + gold + nickel project, from eight diamond drill holes in the Central and North Sectors. The discovery highlights the nickel sulphide potential of the project which is located in the Carajas Mineral Province, state of Para, Brazil.

Avira Resources Ltd (ASX:AVW) is in possession of the results of fixed-loop EM (FLEM) and downhole EM (DHEM) surveys recently completed at the Puolalaki Nickel-Copper Project in northern Sweden. Interpretation of the survey data shows that multiple strong more than 10,000 Siemens (S) conductors are present within the project area.

Metal Energy Corp. (TSXV: MERG) (OTCQB: MEEEF) (the “Company” or “Metal Energy”) is pleased to announce assay results from four drill holes on the same section (Table 1, Figure 1) of the Phase Two drill program on the high-grade nickel and copper-cobalt Manibridge project (the “Project” or “Manibridge”) in the Thompson Nickel Belt, Manitoba.

Sipa Resources (SRI) has confirmed the potential for nickel mineralisation at its wholly-owned Skeleton Rocks project in Western Australia. The confirmation comes from a review by Sipa of historical surface sampling and drilling that identified nickel, as well as other elements, within the project area.

Toro Energy has landed its thickest massive nickel sulphide intersection so far at its Dimma project in the Yandal greenstone belt in WA. The company says its latest diamond drilling campaign unveiled a 4.5m of continuous massive nickel sulphide from 194.3m downhole.

PT Vale Indonesia Tbk (PT Vale) has started construction on a $2.48bn integrated low-carbon nickel mining and processing project in Central Sulawesi, reported Reuters citing an Indonesian senior minister.

Venture Minerals Limited (ASX:VMS, OTC:VTMLF) will next week start drill testing a large new nickel target in northwest Tasmania defined by a three-kilometre-long EM conductor supported at the surface by nickel in soil anomalism and interpreted to be within the Wilson River Ultramafics.

Tier One Silver Inc. (TSXV:TSLV)(OTCQB:TSLVF) (“Tier One” or the “Company”) is pleased to report composite chip sampling highlights (covering 1 square metre per sample) of 1.59% copper (Cu), 0.24% nickel (Ni), 0.22 g/t palladium (Pd), 0.13 g/t platinum (Pt), 204 g/t cobalt (Co), 0.21 g/t gold (Au); 1.43% Cu, 1.86% Ni, 0.16 g/t Pd, 0.18 g/t Pt, 1,110 g/t Co and 0.84% Cu

EV NICKEL INC. (TSX-V:EVNI) (“EVNi” or the “Company”) is pleased to announce that the Phase 4 drill program on the eastern extension of the High-Grade W4 Zone has successfully completed the first 2 holes on Section 497550mE, with both holes intersecting sulphide mineralization consistent with the Phase 2 drill program completed in 2022 (For the W4 Zone location in the Shaw Dome Project, please see Figure 1).

Ear-term nickel producer Estrella is one step closer to delivering its much needed battery metal to the market. Glencore’s Murrin Murrin Operation has received a bulk sample of high-grade nickel from the company’s Spargoville 5A project, 20 kilometres south-west of Kambalda. Estrella says its assays have met all the specifications from Glencore and the processing of the sample has begun.

Canada Nickel Company Inc. (“Canada Nickel” or the “Company”) (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that it has filed and been receipted for a preliminary short form prospectus in connection with its bought deal offering of (i) 7,462,500 common shares in the capital of the Company (the “Common Shares”) at a price of $1.77 per Common Share

NICKEL Asia Corp. was one of the most active stocks last week after investors took positions as global demand for nickel elevated the metal’s prices in the world market. A total of P618.83 million worth of 84.53 million shares were traded from Feb. 6-10, data from the Philippine Stock Exchange showed. This made Nickel Asia the 18th most active stock last week.

Cobalt, a key metal in making electric vehicles (EV) batteries, will likely be under pressure in 2023 faced with competition from nickel-based lithium-ion batteries, estimates of surplus supply and projections of slack demand from the electronic sector.

SQM’s investment in Azure Minerals is looking well-timed after the miner intersected a lithium-rich pegmatite while drilling near a nickel target at its Andover project in Western Australia.

BHP met an agreement to invest a total of $100m in Kabanga Nickel, according to the Tanzanian company on Wednesday. It announced a second tranche of $50m had been paid to it earning the Australian-headquartered firm a 17% stake in Kabanga Nickel.

Business Partnership
PolyMet Mining and Teck Resources have finalized a joint venture to complete the copper-nickel mine that PolyMet has been developing in northeastern Minnesota, PolyMet Mining and Teck Resources finalized a joint venture Wednesday to complete the copper-nickel mine that PolyMet has been developing in northeastern Minnesota

Vendor/ Supplier Related
Russia is likely to limit exports of key metals such as nickel and palladium if the United States imposes steep taxes on imports of aluminium from Russia, analysts say.

Research & Development
Lithium-ion batteries have wide applications owing to their high energy density and relatively low weight. With the rising popularity of electric vehicles and the need for renewable energy storage solutions, the demand for lithium-ion batteries is expected to increase.

News Stories
LISTED mining firm Nickel Asia Corp. said on Tuesday that it has scored a performance rating of 33.6 for its environmental, social, and governance (ESG) initiatives, which is an improvement over its previous 43.7 rating.

SPC Nickel Corp (TSX-V:SPC, OTC:SPCNF) is a ‘Buy’ for analysts at Couloir Capital following its agreement with Vale Canada Limited to consolidate ownership of the West Graham and Crean Hill 3 deposits.

The consultation opened on Thursday January 12 and concluded on February 13. Fastmarkets publishes two price assessments for the nickel MHP market: a payable indication linked to the London Metal Exchange; and an expressed price that reflects the value of MHP as an outright price.

Battery-metals prices are set to retreat from highs this year as surging supplies trigger gluts, a leading Chinese industry group warned following a similar note of caution from Goldman Sachs Group Inc.

Citi analyst cuts price targets for copper, zinc and nickel

Brazilian mining group Vale S.A. announced Thursday that its proforma adjusted EBITDA from continued operations was $20.9 billion in 2022, 38% lower than 2021 mainly due to 23.6% lower iron ore fines realized prices.

Management Change
Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (the “Company”, “Canada Silver Cobalt” or “CCW”) is pleased to provide an update on the previously-announced spin-out of the Graal property in Quebec into a separate public company called Coniagas Battery Metals Inc.

Ragnar Metals Hits New High-Priority Targets at Tullsta Nickel Project in Sweden

St George Mining Ltd (ASX:SGQ) has entered into a binding area of influence (AOI) agreement with Cacique Resource Pty Ltd to potentially acquire an interest in lithium and nickel rights within a 30-kilometre area of the Mt Holland lithium and nickel province.

This week, Ford announced plans for a new factory in Michigan that will produce lithium iron phosphate batteries for its electric vehicles. The plant, expected to cost $3.5 billion and begin production in 2026, would be the first to make these batteries in the US.

Venus Metals Corporation’s partner in the East Greenbushes project, IGO Limited, has launched an exploration blitz on its site that sits adjacent to the world-renowned Greenbushes lithium mine. IGO is planning a geochemical survey specifically targeting lithium at the site and expects to take a total of 1350 soil samples at the operation in the South West region of WA.

Caspin Resources Ltd (ASX:CPN) CEO Greg Miles discusses with Proactive first results from this drilling season at Serradella Prospect within the Yarawindah Brook Project in Western Australia. Results revealed high-grade zones of platinum group elements (PGE), nickel and copper within broad zones of mineralisation.

Privately owned Australian firm Wyloo Metals has elected to pursue its second earn-in option on the West Raglan nickel/copper project to 70%, having accelerated spending to earn an initial 51% in the Quebec project, operator Orford Mining reported on Tuesday.

Chinese sport utility vehicle manufacturer Great Wall Motor (GWM) is determined to expand its electric vehicle (EV) business in Asean, with Thailand and Indonesia selected as its top destinations.

It’s hard to believe that a country three-quarters the size of California could make up a trillion-dollar mining opportunity. But that just goes to show the Philippines is full of surprises. This archipelagic haven in South East Asia is widely regarded as a holidaymaker’s dream warm, tropical weather, scenic beaches and a big hospitality culture makes it easy to see the appeal.

International mining players are increasingly interested in Brazilian mining assets, seeking to supply critical minerals for the energy transition. The interest in mining assets related to the energy transition has gained strength in Brazil and this is part of a global trend.

Mishra Dhatu Nigam Limited (Midhani), Hyderabad, India, which specialises in metals and metal alloy manufacturing, has announced its intention to produce nickel and titanium-based alloy powders for the Additive Manufacturing of components in the aerospace sector.

Citigroup Inc stopped financing nickel deals for commodity trader Trafigura with companies linked to Indian businessman Prateek Gupta on Oct. 27, Bloomberg News reported, citing a court filing.

Widgie Nickel looks to fast-track Faraday deposit after success of lithium exploration

In recent presentations, experts Simon Moores and Mark Ferguson weighed in on how electric vehicle purchases are driving demand for battery metals like lithium and cobalt. Demand for battery raw materials is outpacing supply by three to five times and is growing at a quicker rate as the world continues to push forward to reach net-zero goals.

We are pleased to introduce Sprott Energy Transition Materials Monthly by Paul Wong, CFA, Market Strategist and Jacob White, ETF Product Manager. At Sprott, we believe the global clean energy transition will grow more urgent as energy markets continue reordering and energy security becomes synonymous with national security.

An anti-mining barricade has been set up in Brooke’s Point, Palawan as residents assert that the Ipilan Nickel Corporation is operating without a Mayor’s permit, according to Alyansa Tigil Mina (ATM) on Saturday.

BHP Group (BHP) is an Australian metals and mining company with a shiny nickel future. Its shares recently pushed up through overhead resistance, and The Force Index, my favorite momentum indicator, is bullish, highlights analyst Sean Brodrick, editor of Wealth Megatrends.

Noise produced by mining the seabed for nickel, cobalt and other metals for the green energy transition could interfere with whales’ ability to navigate the ocean depths and communicate with one another, according to a study released on Tuesday.

Infinity Mining has bagged a five-year extension for its Tambourah South tenement in the Pilbara where previous rock chip sampling has lit up a pegmatite swarm grading up to 2.65 per cent lithium oxide. The tenement forms part of Infinity’s larger Tambourah project which sits in the evolving Pilbara pegmatite province

The overwhelming sentiment of the approximately 80 people who turned out Thursday night to hear a presentation from a Canadian company that wants to explore the potential for mining in Warren and neighboring Union was adamant opposition to the effort.

Chinese companies are scouting the world for mining assets as the country’s booming new energy vehicle industry boosts demand for lithium, cobalt and nickel — key metals used in batteries for electric and hybrid vehicles.

Horizon Minerals Ltd (ASX:HRZ) is set to add rare earths and scandium to the golden bounty at its suite of projects near Kalgoorlie-Boulder in the heart of the Western Australian Goldfields following a regional aircore drilling program.

BMG Resources has bagged a patch of prime Eastern Goldfields real estate near Coolgardie in Western Australia that houses a swarm of lithium-rich pegmatites along with a plethora of high-priority gold prospects.

Electra Battery Materials Corporation has reported the successful completion of the first plant-scale recycling of black mass in North America. The recycling was performed using Electra’s proprietary hydrometallurgical process and recovered critical metals, including nickel, cobalt, and manganese, which are essential for the electric vehicle battery supply chain.

An Aberdeenshire firm’s quest to find valuable base metals in the area has moved up a notch with the start of drilling at Arthrath, near Ellon. Arthrath is home to the largest known nickel deposit in the UK and a safeguarded site for mineral development.

Given the circa-million tonne size of the Jaguar nickel sulphide resource Centaurus continues to outline and grow in Brazil’s mining state of Carajas (and various other positives), it would seem an

Nickel miner Panoramic Resources has delivered the final nickel/copper/cobalt concentrate shipment to offtake partner Jinchuan Group, closing the door on a 20-year cooperation. A total of 8 185 t of concentrate was loaded on to ship for final delivery to Jinchuan as part of a 2018 concentrate sales agreement, which expires this month.

Soil remediation study sees researchers develop method for converting low-density polyethylene into liquid hydrocarbons. Plants grown in nickel-contaminated soils have been made into a catalyst that breaks down difficult to recycle plastics.

General Motors is trying to speed ahead in the race for metals underpinning the industry’s shift to electric cars. The US automaker is competing for a stake in Vale’s base metals unit, people familiar with the matter said this month. A deal may give GM access to the Brazilian mining giant’s copper and nickel resources that are key to making EV batteries.

Corporate advisory and capital firm Molo Capital is supporting companies to advance many significant projects in the natural resources and commodities sectors. Headquartered in Adelaide, South Australia, Molo Capital are a specialist capital solutions, asset-dealing, and advisory firm with a primary focus on the natural resources and commodities sectors.

It was great to see Manitoba representatives promote our mining at the Prospectors & Developers Association of Canada and Central Canada Mineral Exlopration conferences. It’s also very encouraging to see $230 million is being spent by Vale on nickel drilling and exploration around Thompson over the next few years.

Indonesia’s central bank, Bank Indonesia, predicts that the country’s economy is expected to grow at between 4.5-5.3 percent in 2023 one of the highest among G20 members and will be supported by several important sectors, including commodities, infrastructure development, tourism, and manufacturing of high-value products, such as electric vehicle batteries.

Vendor/ Supplier Related
When Russia invaded Ukraine last year, the world got a glimpse of what awaits supply chains in the future. Sudden supply constraints meant that the prices of many commodities, including metals and rare earths, spiked. Nickel prices, for example, rose by 90% in the first weeks after the invasion.

The holding company of power-related investments of the Aboitiz Group has expanded its partnership with Emerging Power Inc. (EPI), the renewable arm of Nickel Asia Corp., through a power supply deal that will provide solar energy to AboitizPower’s retail electricity entities.

Investor Relations
As of February 3, arrivals of nickel ore at Chinese ports totalled 197,800 wmt, down 28% WoW, which was at a historically low level. The arrivals at each port were low because of the supply tightness of nickel ore.

When news broke that Trafigura Group faces more than half a billion dollars in losses from what it described as a systematic fraud, the biggest surprise for many market insiders wasn’t the commodity trader’s missing nickel cargoes. It was that one of the industry’s largest players was still doing business with a man that others had long since backed away from.

Natural ResourcesAlchemist Issue 4016 February 2023 Nickel A Fourier Analysis of price cyclesThe commodity price cycle is a constant theme for discussion and a key consideration for all mining industry stakeholders as a critical driver of investment decisions.

As of February 17, the nickel ore inventories at Chinese ports dipped 230,000 wmt from a week earlier to 7.6 million wmt. The total Ni content dropped 2,000 mt to about 60,000 mt. The port inventory of nickel ore across seven major Chinese ports stood at 4.22 million wmt, 180,000 wmt lower than the previous week, with the inventory at Jingtang Port falling the most.

Hallmark Mining Corp. and Austral-Asia Link Mining Corp. have accepted Nickel Asia Corp.’s bid to provide services in relation to two developments in Davao Oriental. “On Feb. 17, 2023, Hallmark Mining Corporation and Austral-Asia Link Mining Corporation accepted Nickel Asia’s Letter of Intent (LoI), for the company or its wholly-owned subsidiary

The Ontario government has invested $5.8 million to help junior mining companies explore for critical minerals used in manufacturing batteries for electric vehicles, smartphones, pharmaceuticals and advanced manufacturing technologies.

In January, nickel prices showed a V-shaped trend as a whole. On the macro front, the nickel prices retreated in early January when Fed’s chairman hinted at 5.1% final value of interest rate to control inflation, which suggested that interest rates would be further raised by at least 75 basis points in the coming months.

The Hajj Fund Management Agency (BPKH) planned to invest hajj funds in the property sector in Saudi Arabia. The investment option has been running this year and the agency has even established a working group.

The skills shortage is hitting the mining industry hard. Mining engineering degrees have fallen by up to 63%. At the same time, there is a massive lack of investment. Indonesian stainless steel mill raises prices further. LME nickel stocks at lowest level since 2008.

According to SMM research, in 2023, China’s refined nickel production capacity will total 275,100 mt, of which the new electrodeposited nickel capacity will be 51,300 mt, accounting for 18.65% of the toal. In 2024, the new electrodeposited nickel production capacity will be further expanded.

Many significant technologies of the twenty-first century rely on lithium-containing compounds and alloys, from Li-ion batteries used to power mobile electronic gadgets and automobiles to lightweight structural alloys.

A study published on Tuesday (February 14) said that the noise produced by mining seabed for nickel, cobalt and other metals for green energy transition could disrupt the ability of whales to navigate ocean depths and communicate with each other.

CO2 hydrogenation with green hydrogen is one of the best processes to combat climate change and can provide a single solution to three challenging problems, 1) excessive CO2 levels, 2) the temporal mismatch between solar electricity production and demand, and 3) hydrogen gas storage.

For more than a century, much of the world has run on the combustion of fossil fuels. Now, to avert the threat of climate change, the energy system is changing. Notably, solar and wind systems are replacing fossil fuel combustion for generating electricity and heat, and batteries are replacing the internal combustion engine for powering vehicles.

I’ve been reflecting on two very different events I took part in last week: Ely’s City Council meeting Feb. 7 and the inaugural End of the Road Film Festival at Ely’s Historic State Theater Feb. 9-12. While a few laments were heard on Feb. 7 that Ely is dying, the weekend told a far different story as all four days of the ERFF saw hundreds of people – both residents and visitors

NAGPUR: In a significant move, the directorate of geology and mining (DGM), Maharashtra, has invited bids for granting leases for 19 mines in the state on nearly 10,200 hectare. At least 50% mines will be on forested land, mostly in Gadchiroli and Chandrapur districts, where man-animal conflict is at its peak.

The government is in the process of identifying mineral blocks like nickel in the sea and would gradually put them on sale, mines secretary Vivek Bharadwaj said on Friday. The mines ministry is amending the Offshore Areas Mineral (Development and Regulation) Act, 2002 and has sought the stakeholders’ views on the same.

The Commission on Human Rights said it is already investigating the operations of a mining company on Sibuyan Island in Romblon to find accountability for possible human rights violations there. The CHR said in a statement on Wednesday that its investigation and MIMAROPA offices are looking into the situation on Sibuyan Island, which has been compared to the Galapagos in terms of biodiversity.

Vast mineral deposits in the Indian Ocean can make India self-sufficient in nickel and cobalt, a top official of the International Seabed Authority (ISA) said on Tuesday. Nickel and cobalt are critical ingredients in the lithium-ion batteries used in most electric vehicles, which are zero-emission automobiles.

Development of the nickel smelter industry was able to create new job opportunities to absorb workforce every year, according to Manpower Minister Ida Fauziyah. “This is because nickel is an economic commodity that is needed in the world of industry, automotive, energy, and others,” the minister noted in a statement received here Thursday.

The main messages from the Canadian company Exiro Mineral Corp to the Union Select Board and those in attendance on Wednesday, Feb. 15 were the preliminary nature of the meeting, their desire to work with the community and that they were an exploration company, not a mining company.

A government policy on the nickel industry will be a major factor that nickel processors and mining companies will consider in deciding whether to invest in the local industry or not.

Vedanta has been declared the preferred bidder for the Kelwardabri mineral blocks by the Chhattisgarh government through its e-auction mechanism. “The grant of Composite License by the Government of Chhattisgarh in respect of aforesaid block shall be subject to making of necessary payments, completion of other terms and conditions of the Tender Document

Fund Raising/Grants
The French government has agreed to grant a 40 million euro ($42.9 million) loan to SLN, the New Caledonian nickel producer controlled by mining group Eramet (ERMT.PA) facing financial collapse, the economy ministry said on Monday.

Rawbank SARL forecast that its lending to the Democratic Republic of the Congo’s (DR Congo) mining industry would rise more than 20 percent to more than US$1 billion this year, buoyed by rising demand and strong prices for the country’s strategic minerals.

Ther’s a looming global crunch for high-tech metals to feed the electric vehicle industry and not enough mines currently in production to meet that increasing demand. To incentivize more exploration in Ontario, the provincial government announced in Sault Ste. Marie that it has invested $5.8 million

Environment/ Climate
The United States is falling way behind in the global minerals race, and the big loser could be the green-energy sector, which is heavily reliant on minerals to power energy sources like wind and solar. The U.S. Geological Survey annual Mineral Commodity Summaries report warns that America is entirely reliant on foreign sources for more than half the critical minerals

The article has been authored by Rajesh Chadha, senior fellow and and Ganesh Sivamani, research associate, Centre for Social and Economic Progress, New Delhi. During the 27th meeting of the Conference of the Parties held in Sharm el-Sheikh in November 2022, India reiterated its pledge to achieve net-zero emissions by 2070.

Midhani or Mishra Dhatu Nigam Limited, the defence public sector metallurgy unit, will be showcasing its latest five new nickel and titanium metal alloy products of high strength, light weight, anti-corrosive and malleable for use in strategic sectors of defence and aero-space as well as various other civilian uses during the ongoing Aero-India 2023 show in Bengaluru.

Legal Action
Glencore Plc has no exposure to the Indian businessman accused by rival Trafigura Group of perpetrating a nickel fraud of more than half a billion dollars. Gupta and his companies are not a counterparty of our company, Glencore Chief Executive Officer Gary Nagle told journalists on Wednesday. So we do not have any exposure to that group.

Even before Trafigura Group said phony nickel shipments could cost it up to $577 million, some people and businesses had decided to steer clear of both Prateek Gupta’the businessman Trafigura says is responsible for the alleged misconduct and a Swiss firm Mr. Gupta had acquired.

Another year, another nickel scandal as the devil’s metal lives up to its reputation. When German miners first came across the stuff in fifteenth century Saxony, they dubbed it “Kupfernickel”, or “Devil’s Copper” because it looked like copper but wasn’t.

Earnings/ Financial Results
Brazil’s Vale said on Thursday its fourth-quarter net profit fell 30.4%, under pressure from reduced production and lower iron ore prices, while still beating analysts’ forecasts.

Mining earnings jump 100pc since 2017

Russia’s largest producer of non-ferrous metals, Nornickel, posted its financial results on Friday. Net profit fell by 16 percent to $5,9 billion. The company, with mines and factories in Norilsk in Siberia and on the Kola Peninsula, says it faced problems as economic restrictions were imposed on Russia by European and North American countries.

Exports/ Imports
Russia continues a re-direction of its hydrocarbons and minerals exports from Western states to the Asian region, as sanctions pressure from West tightens. As part of these plans, particular hopes are put on coal exports to the region, where the demand for it remains high, especially due to big discounts, provided by Russian suppliers.

Mexico’s tax authority SAT called on a third group of large taxpayers, including some in the mining sector, to voluntarily supplement their 2020 and 2021 contributions if the rates used in their returns for those years were lower than those published for each activity this week.

Peter Nicholson, President and Founder of WCPD Inc, details the evolution of tax in Canada and explains how it is helping the critical minerals industry to thrive. Innovation can take on many forms, whether it be in science, health, or technology. And while they are all very different, what connects them is the sense of wonder, excitement, and curiosity it creates in us.

South Korea and Mongolia agreed Wednesday to enhance cooperation on supply chains of tin, nickel and other rare metals, Seoul’s industry ministry said. Second Vice Industry Minister Park Il-jun and his Mongolian counterpart, Ganbaatar Jambal, signed a memorandum of understanding in Seoul, which calls for the establishment of a bilateral committee

Business Expansion
Democratic Republic of the Congo (DRC) President Felix Tshisekedi announced that the Central African country will begin exploration operations for nickel and chrome in the Kasai Province. Speaking in Cape Town on 7 February, President Tshisekedi said the country is seeking international and local partners

Business Partnership
Stillwater Critical Minerals (TSX.V: PGE) has partnered up with Cornell University to conduct test work on less energy-intensive and carbon-negative approaches to metal recovery at its flagship nickel-PGE (platinum group elements)-copper-cobalt-gold project in Montana.

According to a report released by China Securities, on February 14, the European Parliament passed a bill to ban the sales of selling fuel vehicles since 2035, while setting a goal to reduce carbon oxide emissions from new vehicles by 55% in 2030 compared to 2021.

Vale expects fresh news about the sale of a stake in its base metals unit to come in the first half of this year, an executive told analysts in a conference call on Friday. Vale said it was in talks with potential partners for the unit, after revealing last month it had received offers for a minority stake in the business comprising nickel and copper production.

Press Release
Investor Relations
Canada Nickel Files for $18.2 Million Bought Deal Offering; Inks Deal to Acquire Mining

Giga Metals (OTCQX: HNCKF), based in Vancouver, focused on nickel and cobalt, today announced that Mark Jarvis, CEO & Chairman, will present live at VirtualInvestorConferences.com on February 16th, 2023.

Nevada Vanadium Mining Corp. (“Nevada Vanadium” or the “Company”) announces that, further to its news releases dated January 26, 2023, it has closed (the “Closing”) the previously announced private placement offering (the “Offering”).

Renforth Resources Inc. would like to offer shareholders an update and our current interpretation of the >29kms of battery mineralization at our wholly owned Surimeau District Project located near the town of Malartic Quebec and adjacent to the Canadian Malartic Mine.

Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the “Company” or “Fathom”) announces that pursuant to its stock option plan and the policies of the Canadian Stock Exchange, it has granted incentive stock options to certain directors, officers and consultants of the Company for the right to purchase up to an aggregate of 5,000,000 common shares of the Company, exercisable at a price of $0.085 per share

Flying Nickel Mining Corp. (TSXV: FLYN) (OTCQB: FLYNF) (“Flying Nickel” or the “Company”) announces that, further to its news releases dated January 26, 2023, it has closed (the “Closing”) the previously announced private placement offering (the “Offering”).

Tartisan Nickel Corp. (CSE: TN) (OTCQX: TTSRF) (FSE: 8TA)(“Tartisan”, or the “Company”) is pleased to report that an Annual General and Special Meeting of Shareholders was held on Friday, February 17, 2023 at 10am est.

Global Energy Metals Corporation (TSXV:GEMC) (OTC:GBLEF) (FSE:5GE1) (Global Energy Metals, the Company and/or GEMC), a company involved in the investment exposure to the battery metals supply chain, is pleased to announce that the Company, in collaboration with Amvest Capital, will host a webinar on Thursday, February 16th at 4:05pm ET / 1:05pm PT.

Blackstone Minerals (ASX: BSX) is pleased to announce that the Company will be presenting at Red Cloud’s Pre-PDAC 2023 Mining Showcase. We invite our shareholders and all interested parties to join us. The annual conference will take place in-person at the Sheraton Centre Toronto Hotel from March 2-3, 2023.

Management Change
Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the ” Company ” or ” Canada Silver Cobalt “) announces the resignation of Annemette Jorgensen from the Board of Directors. Ms. Jorgensen has resigned for personal reasons and t he Company wishes Ms. Jorgensen the best in her future endeavors

StrategX Elements Corp. (CSE: STGX) (“StrategX” or the “Company”), is excited to announce core assay results for drill holes #1 and #2 previously drilled by BHP in Target Area 4 at its Nagvaak property on the Melville Peninsula, Nunavut. The results indicate the presence of continuous intervals of polymetallic mineralization, confirming significant width

Sherritt International Corporation (Sherritt) (TSX:S), a world leader in the mining and hydrometallurgical refining of nickel and cobalt from lateritic ores, is pleased to announce that Anna Ladd-Kruger, a seasoned mining industry financial executive with more than 20 years of experience in mining exploration and operations, has been appointed to Sherritt’s Board of Directors

Mosaic Minerals Corporation (CSE: MOC) (Mosaic or The Company). After several acquisitions, Mosaic summarizes its portfolio of properties focused on lithium exploration located mainly in James Bay (Quebec).

ALX Resources Corp. (ALX or the Company) (TSXV: AL; FSE: 6LLN; OTC: ALXEF) is pleased to announce that it has acquired by staking the Crystal Lithium Project (Crystal, or the Project) in northern Saskatchewan. Crystal is 100%-owned by ALX with no applicable royalties and consists of 54 mineral claims in five claim blocks encompassing 44,587 hectares

CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (“CanAlaska or the “Company”) is pleased to announce completion of the temporary work camp and mobilization of drill crews and equipment to the Key Extension project in the southeastern Athabasca Basin.

Horizonte Minerals Plc (AIM:HZM)(TSX:HZM) (“Horizonte” or the “Company”)is pleased to present a pictorial update showing progress at the Company’s Araguaia Nickel Project (“the Project”). This is the inaugural photobook of Horizonte’s new quarterly pictorial series providing updates from across our projects.

Nimy Resources Raises AU$3.2 Million for Mons Nickel Project Exploration; Shares Slip 10%

Churchill Resources Inc. (Churchill or the Company) (TSXV: CRI) is pleased to announce final 2022 results from its work on the Florence Lake and Taylor Brook properties both in Newfoundland and Labrador (NL), Canada.

S2 Resources Ltd (‘S2’ or the ‘Company’) advises that it has completed nine holes of the ten hole diamond drilling program testing six electromagnetic (EM) conductors and four geological targets at its Polar Bear nickel project where the Company has 100% of the nickel rights.

Midland Exploration Inc. (Midland) (TSX-V: MD) is pleased to provide an update on its drilling program totalling more than 10,000 metres on its gold and nickel-copper projects in the Abitibi region. This drilling program, dubbed the Abitibi Discovery Drilling Program (ADDP), has mobilized one drill rig continuously since December 2022

Hedonova, a Paris-based hedge fund, has exited its 76% stake in an Indonesian nickel miner Mineralindo Morowali to a consortium of Chinese mining companies called Indo-pacific Net-zero Battery-materials Consortium (INBC) for $31 million in an all-cash transaction. The stake was acquired for $10 million in February 2020.

Business Partnership
World Economic Forum (WEF) Tech Pioneer and Global Innovator Open Mineral has partnered with Sherritt International – a world leader in the mining and refining of nickel and cobalt – to jointly develop a business case for the hydrometallurgical treatment of complex precious metal concentrates.

Vatic Ventures Corp. (TSXV: VCV) (OTCQB: VCVVF) (FSE: V8V) (the “Company” or “Vatic”) is pleased to announce that it has entered into an agreement with Commitment Capital Inc. (“CCI”) whereby it has an option to acquire a 100% interest in a Rare Earth Elements (REE) and polymetallic claims package known as the Sister’s Mountain prospect

The Power Play by The Market Herald has announced the release of new interviews with Chatham Rock Phosphate, EV Nickel, Fury Gold Mines and Nextech AR Solutions discussing their latest news. The Power Play by The Market Herald provides investors with a quick snapshot of what they need to know about the company’s latest press release through exclusive insights

Blogs and Forums
Investor Relations
I may have saved the best for last. One reason the shares of Switzerland-based Glencore (OTCPK:GLNCY) trades for such a low multiple is that it *is* the world leader in cobalt production. If that seems counter-intuitive, here is why:


Nickel oxide, which acts as an intermediate Lewis acid, was loaded onto activated carbon (AC) to enhance the adsorption selectivity of AC in the desulfurization of model diesel. The total sulfur adsorption capacity increased from 2.46 to 4.42 mg-S·g adsorbent 1 and the total sulfur removal increased from 46.8 to 84.5% using the AC and Ni(10%)O/AC adsorbents, respectively.

Supported Ni (60 wt% Ni) catalysts were prepared and phosphided into corresponding Ni2P catalysts. They were used for the hydrogenation of furfural as well as for the probe reactions (the hydrogenation of furan and propanal). The results demonstrated that the acidic support promoted the adsorption

Heterogeneous catalysts made up of molecule-based catalysts on conductive substrates enable the large current density, high selectivity, and easy operation for carbon dioxide reduction reaction towards the practical use. Herein, we report a hydrogen-bonded supramolecular structure (1) assembled from asymmetric A3B-type nickel phthalocyanine NiPc(OH)6(DCNFO)

Novel polymers of polystyrene sulfonate (PSS) with nickel(II) and its ethylenediamine (En) complexes, [NiEnx]2+ (x=1-3), were synthesized by an exchange reaction of aqueous solutions of sodium polystyrene sulfonate (Na(PSS)) and nickel(II) chloride or its corresponding complexes.

The practical viability of high-nickel layered oxide cathodes is compromised by the interphasial and structural degradations. Herein, we demonstrate that by applying an in-situ interweaved binder, the cycling stability of high-nickel cathodes can be significantly improved. 

Intellectual Property
Alexandria, Feb. 18 — Nippon Steel has been granted a patent for nickel-containing steel for low temperature. This invention was developed by Namegawa Tetsuya, Hoshino Manabu, Omiya Shinichi and Kagaya Takayuki.

Munich, Feb. 17 — European Patent Office has published VDM Metals Int’s patent application for use of a nickel-chromium-iron alloy. The invention was developed by Wolf Martin, Alves Helena and Behrens Rainer.

Munich, Feb. 17 — Applied Materials has filed a patent application for apparatuses and methods of protecting nickel and nickel containing components with thin films. This invention was developed by Lei Pingyan, Wu Dien-Yeh, He Xiao Ming, Sun Jennifer Y, Zhou Lei, Kuratomi Takashi, Gelatos Avgerinos V, Chang Mei and Marcus Steven D.

Beijing, Feb. 16 — Suzhou Drealida Electronic has submitted a patent application for precipitation treatment device for nickel-containing electroplating wastewater. Xue Yaochi, Zhou Dahong, Li Peng, Sun Yinghui, Qian Sunhao, Yi Fuzhou, Zhou Qing, Zhou Xingyang and Xu Yingjun developed the invention.

Beijing, Feb. 16 — Ruiding Electromechanical Tech Kunshan Limited has submitted a patent application for special copper-nickel-chromium electroplating hanger for coffee machine tray. This invention was developed by Zhang Dawei.

Beijing, Feb. 16 — Jiangsu Innovative Petrochemical Ltd has submitted a patent application for environment-friendly catalytic cracking nickel passivator mixing device. Ge Xiaojun and Huang Lei developed the invention.

Beijing, Feb. 16 — Limited Company of Shandong Sonic Petroleum Industry Tech Research Institute has applied for Chinese patent for nickel-cobalt alloy composite plating anti-corrosion ground pipeline. Wang Lei, Pu Baolin, Pu Penglei, Sun Dapeng, Man Xianghong, Du Xiaojiao and Kang Shouhui developed it.

Beijing, Feb. 16 — State Intellectual Property Office of China has received Jiangsu Xingcheng New Mat’s patent application for high-temperature-oxidation-resistant treatment device for nickel-copper-nickel strip. Wang Minglong developed the invention.

Beijing, Feb. 16 — Jinchuan Group Share Ltd has applied for Chinese patent for nickel plate counterweight device. Li Jianwen, Jin Yan, Jin Seungri, Yin Xuanmin, Gao Minggang, Bai Xiang, Bai Wenxing, Ma Zhida, Li Hai and Liu Huayan developed it.

Beijing, Feb. 16 — State Intellectual Property Office of China has released Jinchuan Group Share Ltd’s patent application for automatic nickel bag carrying system. This invention was developed by Bai Xiang, Jin Yan, Sun Zhizhong, Yin Xuanmin, Gao Minggang, Dong Gang, Jin Guolong, Zhang Dewei, Douillet and Cheng Yingfeng.

Geneva, Feb. 15 — Guangdong Brunp Recycling Technology Co Ltd, Hunan Brunp Recycling Tech Co Ltd and Hunan Brunp Ev Recycling have filed a patent application for method for preparing nickel sulfate using low-nickel ferronickel. This invention was developed by Yu Haijun, Zhong Yingsheng, Xie Yinghao, Li Aixia, Zhang Xuemei and Li Changdong.

Geneva, Feb. 15 — Qingdao Inst Bioenergy & Bioprocess Tech CAS has submitted a patent application for phosphorus-doped nickel aluminum oxide, and preparation method therefor and use thereof. Wang Guanghui, Li Dechang, Pan Zhengyi and Zhang Shan developed the invention.

Geneva, Feb. 15 — World Intellectual Property Organization has received Chen Chongxue’s patent application for pyrolysis sulfurization beneficiation method for laterite-nickel ore, metal sulfide, and use. Chen Chongxue and Wang Jin developed the invention.

Alexandria, Feb. 14 — Dipsol Chemicals has applied for United States patent for zinc-nickel-silica composite plating bath and method for plating using said plating bath. Mikami Masayoshi and Inoue Manabu developed it.

Alexandria, Feb. 13 — Furukawa Electric has been awarded a patent for transmission path. This invention was developed by Yamaguchi Fumie and Torimitsu Satoru.