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Vale expects nickel market surplus by 2028, executive says

Brazilian miner Vale expects nickel markets to swing to a global deficit by 2028 from their current oversupply, an executive said on Tuesday.

Wednesday, March 20, 2024

Indonesia issues nickel production quotas for 152.62mt

Indonesia has issued mining production quotas of 152.62 million metric tons of nickel ore and 44,481.63 tons of tin so far this year, and is working to accelerate the approval process, a senior mining ministry official told parliament on Tuesday.

Wednesday, March 20, 2024

Nickel Asia profit nosedives on drop in 2023 nickel prices

Listed Nickel Asia Corp. (NAC) said its net income last year plunged by more than half due to lower nickel ore prices.

Thursday, March 14, 2024

Amid nickel glut, Indonesia’s next president vows to keep ‘downstreaming’ policy

Indonesia’s incoming president, Prabowo Subianto, has pledged to continue predecessor Joko Widodo’s nickel “downstreaming” policy but faces the task of reducing oversupply while pushing to strengthen the processing industry, his advisers say.

Thursday, March 14, 2024

Chinese company to build EV battery factory in Morowali in 2025

In the giant industrial area owned by PT Indonesia Morowali Industrial Park (IMIP), there are 54 companies involved in nickel management. Raw material in the form of ore, which comes from mining companies throughout Indonesia, is processed here into various me...

Tuesday, March 12, 2024

BHP launches major worldwide restructuring, AFR reports

BHP Group Ltd., the world’s biggest miner, has embarked on a major restructure of its global business, affecting units from mine-planning to decarbonization and heritage protection, according to a report in the Australian Financial Review.

Thursday, February 29, 2024

Australia considers tax credit for minerals processing, says industry group

The Australian government is considering a tax credit for companies that build processing facilities to boost the value of green energy minerals such as nickel and lithium, the head of a mining industry association said on Wednesday.

Thursday, February 29, 2024

Lifezone Metals plans two-phase development for Kabanga nickel project

Lifezone Metals has announced a two-phase development plan for its Kabanga nickel project located in north-west Tanzania.

Wednesday, February 28, 2024