September 6, 2023 Prefeasibility for FPX Nickel’s Baptiste project puts NPV over $2 billion The company intends to develop a high-margin, long-life, large-scale and low-carbon mine. It will produce a 60% nickel concentrate for direct feed into the stainless steel industry.
July 24, 2023 Ranked: The world’s top cobalt producing countries Cobalt, an essential component for certain types of EV batteries, has seen a significant shift in its global production landscape.
January 20, 2023 Bolivia taps Chinese battery giant CATL to help develop lithium riches Bolivia's iconic salt flats are home to the world's largest lithium resources at 21 million tonnes.
January 10, 2023 Vale evaluates offers for $2.5 billion base metals unit Vale Base Metals, to be based in the UK, will have nickel mines in Canada and Indonesia, copper mines in Brazil, and interests in cobalt and platinum group metals.
April 15, 2022 Market volatility to hit Q1 earnings for base metals miners “The war will likely dampen consumption of many base metals as supply chains are interrupted. Russia is a big player and it‘s not like others can quickly fill the gap,”…
March 15, 2022 London Metal Exchange to resume nickel trading on March 16 All deliveries against nickel contracts will be deferred an extra week, while the nickel price will have a 5% daily fluctuation limit.
November 24, 2021 Europe’s top zinc mine halted due to water flows Water began flooding the underground mine as a crew was drilling a pilot raise bore hole for a ventilation shaft.
November 22, 2021 Glencore to close Italian zinc operation on power costs The decision to close the plant, which has capacity of 100,000 tonnes a year, follows a sharp increase in power prices in Italy and the rest of Europe.
October 15, 2021 Mexico eyes ‘strategic minerals,’ copper limits in mining reform Lopez Obrador's proposed legislation will no longer award concessions to mine lithium "and other strategic minerals" needed for the country's energy transition.
October 11, 2021 International Nickel Study Group forecasts rising nickel demand in 2022 Exports of unprocessed nickel ore from Indonesia, the world’s top nickel miner, ceased in January 2020, due to a government-imposed ban.
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