February 14, 2023

Electric vehicle sales top $1 trillion in wake-up call for carmakers

Global auto sales are worth around $2.5 trillion a year.

February 14, 2023

Deep-sea mining may disrupt whale communication, study finds

Noises produced by mining the seabed could interfere with whales' ability to communicate with one another.

February 14, 2023

Bluejay Mining pulls demerger plan, aims to raise $6 million

It said the spinoff of its battery and critical metals exploration unit, Disko Exploration, is no longer considered the right strategy.

February 11, 2023

Trafigura’s nickel nemesis was already notorious in metal circles

Indian businessman Prateek Gupta and his companies, against whom Trafigura secured a $625 million freezing order this week, have a checkered history in the trading world.

February 10, 2023

Trafigura tells its banks they aren’t exposed to nickel fraud

Trafigura is briefing lenders that none of its banks have direct exposure to the nickel deals linked to systematic fraud.

February 10, 2023

Nornickel 2022 core profit down as sales drop

Nornickel is the world's largest producer of palladium and refined nickel.

February 10, 2023

Vale Indonesia breaks ground on $2.5 billion ferronickel smelter

The Bahodopi project will produce ferronickel with 73,000-80,000 tonnes of nickel content per year, Vale said.

February 9, 2023

Russian metal makes up 42% of LME warehouses’ stocks – report

Last year, the LME decided not to ban Russian metal from being traded and stored in its system.

February 9, 2023

Redwood Materials wins $2bn DOE loan for EV materials plant

The funds will be used to build out a $3.5 billion recycling and re-manufacturing complex in Nevada.

February 9, 2023

Trafigura faces $577 million loss on alleged nickel fraud

The company found that some cargoes it had bought didn't contain the nickel they were supposed to, and spent two months uncovering the scheme.