Brazilian power grid operator ONS told Reuters it denied miner Vale’s request to increase power consumption at its northern Onca Puma nickel complex, after missing […]
Author: root
Indonesia sovereign wealth funds, Eramet to create nickel investment platform
Indonesia’s sovereign wealth funds, Danantara and the Indonesia Investment Authority, and French miner Eramet said on Wednesday they have agreed to create a platform to […]
Indonesia sovereign wealth funds and France’s Eramet to create platform to invest in nickel-based industry
Indonesia’s sovereign wealth funds, Danantara and the Indonesia Investment Authority, and French miner Eramet said on Wednesday they have agreed to create a platform to […]
CHART: Asian EV battery makers buy 94% of global battery metals
EV battery manufacturers based in China, South Korea and Japan have almost complete control of the global market and it’s not changing any time soon. […]
Australia’s minerals stockpile to tackle ‘distorted’ rare earths market
Rare earth and lithium producers are cautiously backing the Australian government’s proposed critical minerals strategic reserve, amid fresh details and ongoing concerns over its design. […]
Critical minerals still dominated by few despite diversification efforts: IEA
A new report by the International Energy Agency paints a sobering picture of the global push to secure critical minerals as nations are forced to […]
Nornickel says board recommends no dividends for 2024
Russia’s Nornickel, one of the world’s largest producers of nickel and the largest producer of palladium, said on Thursday that its board recommended not to […]
IEA sees little progress in critical minerals supply diversification, urges policy action
A new report by the International Energy Agency paints a sobering picture of the global push to secure critical minerals as nations are forced to […]
Indonesian state miner Antam seeks $500 million syndicated loan
Indonesian miner Aneka Tambang Tbk, better known as Antam, is seeking a $500 million loan, according to people familiar with the matter, in what would […]
Energy storage boom drives battery shift, leaving nickel, cobalt behind
When Fidra Energy acquired a 55-acre (22-hectare) patch of northern England countryside in 2023, its plan to transform it into a 1.45 gigawatt energy storage […]
CHARTS: EV battery metals bill ticks up as cobalt, nickel prices strengthen
The global passenger EV market, including plug-in and conventional hybrids, should easily reach 25 million units this year. In combined battery capacity deployed – a […]
Shanghai exchange looks to open domestic nickel contract to foreigners this year
The Shanghai Futures Exchange (ShFE) is considering opening its domestic nickel futures contract to foreign investors this year, instead of launching a separate contract on […]
