The Philippines’ nickel production is expected to rebound next year, driven by increased demand for the metal, better weather conditions, and a more favorable policy environment with the anticipated enactment of a rationalized mining fiscal regime. Dante Bravo, a member of the board of trustees of the Chamber of Mines of the Philippines and president...
READ MOREPhilex Mining, led by chairman Manuel Pangilinan, announced that it is exploring a potential nickel mining site in Pangasinan, as part of its efforts to capitalize on the increasing demand for nickel, driven by the global transition to clean energy. Philex president and CEO Eulalio Austin revealed that the company has a pending application for...
READ MORENickel ore producer Global Ferronickel Holdings (FNI) is in discussions with two foreign companies, one from Asia and the other from Europe, to set up a nickel processing facility in the Philippines, according to FNI President Dante R. Bravo. The talks were disclosed on the sidelines of a mining forum on Thursday. FNI operates nickel...
READ MOREVale announced on Wednesday, October 16, in a statement to the Brazilian Securities and Exchange Commission (CVM), that the power supply to the Onça Puma plant was re-established on Tuesday night, October 15, as anticipated. According to the mining company, ramp-up of operations has now begun, with normalization of activities expected over the next few...
READ MOREEramet, the mining group, announced that it will not meet its 2024 manganese and nickel production targets. This news caused a sharp decline in the company’s stock price, which fell by 14% on Wednesday, October 16, reaching €56.7 and making it the biggest decliner in the SBF 120 index. Eramet revised its manganese production forecast...
READ MOREThe only surprising aspect of Australian resources giant BHP’s July-September (Q1) production results was better-than-expected nickel production, according to Citi analysts. BHP’s currently shuttered nickel operations produced 19,600 tonnes, 35% more than Citi had expected. Other than that, the company stated that its performance was “broadly in line with expectations” and that “there are no...
READ MOREFPX Nickel has successfully completed pilot-scale hydrometallurgical refinery testwork, producing battery-grade nickel sulphate from its Baptiste Nickel Project. This development represents a significant step forward in demonstrating the technical feasibility of refining awaruite concentrate at the Baptiste site. The testwork campaign was partially funded by a grant from Natural Resources Canada under the Government of...
READ MOREShanghai nickel prices jumped nearly 6% on Tuesday, reaching a three-month high as trading resumed following a week-long holiday. The most-traded November nickel contract on the Shanghai Futures Exchange (SHFE) rose 3.4% to 135,470 yuan ($19,304 per metric ton) after peaking at 138,800 yuan, the highest since July 9. Meanwhile, three-month nickel on the London...
READ MORENickel, which accounted for 25% of Madagascar’s export value in 2022, faces a significant disruption following an incident at the Ambatovy nickel mine. Japan’s Sumitomo Corporation, which operates the mine, reported damage to the pipeline transporting ore to the processing plant, leading to a suspension of production. The halt at Madagascar’s largest nickel mine comes...
READ MOREOperations at Vale’s Onça Puma nickel plant in Ourilândia do Norte, Pará, have been temporarily suspended following damage to the local power transmission network caused by a severe windstorm on Saturday, October 5. According to Vale, the network is expected to be fully restored by October 15. Vale estimates that this interruption will reduce nickel...
READ MOREIndonesia’s nickel production is expected to grow by 15% in 2024, a slower rate than previously forecast, according to a report by Macquarie Group. The British company’s managing director for commodity markets, Jim Lennon, noted that the production estimate for the year has been revised down to 2.20 million tons, from an earlier projection of...
READ MORENickel and cobalt production at Madagascar’s Ambatovy mine has been interrupted after a pipeline transporting ore from the mine in the east of the country to its refinery was damaged, according to a statement from Sumitomo Corp, a major shareholder. The incident, which occurred on September 25, is under investigation, though no injuries have been...
READ MORENornickel has signed a landmark agreement with RusHydro to purchase 10,000 carbon units, representing the largest transaction in Russia’s emerging carbon market to date, the miner said in a statement. The carbon units were generated as a result of converting Vladivostok Thermal Power Plant No. 2 from coal to natural gas. This transition significantly reduced...
READ MOREBotanickel, a French bio-sourced nickel producer, has been cultivating fields of Alyssum murale, a hyperaccumulator plant, in the Balkans for several years. The plant is used to extract nickel from the soil by absorbing heavy metals through its roots and storing them in its aerial parts without harm, according to Guillaume Echevarria, a specialist in...
READ MOREThe London Metal Exchange has started accepting nickel deliveries from the Norilsk Nickel Harjavalta plant in Finland—of Russian mining giant Nornickel—ending the temporary halt that started in July 2024. This was not due to sanctions but also a delay in performing an audit to confirm the reliability of metal supplies coming into LME warehouses. Nornickel...
READ MOREIndia’s pursuit of carbon neutrality heavily relies on securing key metals like copper and nickel, essential for the renewable energy sector and the electric vehicle (EV) industry. These materials are crucial to reducing reliance on external sources, and recycling is expected to play a major role in establishing a sustainable and reliable supply chain. Copper,...
READ MORENickel Industries, an Australian mining company, has completed the acquisition of a 51% stake in the Siduarsi Project in Indonesia from PT Iriana Mutiara. The Siduarsi Project is a 6th generation Contract of Work (CoW) and is one of only four active nickel CoWs in Indonesia. The deal was valued at AUD 5 million (USD...
READ MOREOn September 18, Alaska Energy Metals announced a partnership with the Colorado School of Mines and Virginia Polytechnic Institute to investigate how much carbon dioxide a mine at its Nikolai project in Alaska could capture and store, while also supplying nickel, copper, cobalt, and platinum group metals (PGMs) for the energy transition. The study focuses...
READ MOREA South African company, Sibanye-Stillwater, is reportedly the most likely bidder to acquire shares in New Caledonia’s ailing Prony Resources, according to local news sources. Prony Resources, like other nickel plants in the region, has been struggling due to Indonesia’s rise as a major player in the global nickel market and ongoing unrest in New...
READ MOREFPX Nickel has announced significant progress in its value engineering studies, positioning the company to develop North America’s largest battery metals refinery. The refinery, designed to produce 32,000 tonnes of nickel in nickel sulphate annually, could support the production of around 450,000 electric vehicles each year. These studies have optimized the purification flowsheet, substantially improving...
READ MOREDMCI Mining is expecting a recovery in its nickel mining business, driven by a recent uptick in global nickel prices, according to the company’s president, Tulsi Das C. Reyes. The first three quarters of 2024 were marked by significant challenges, with prices dropping by 40% to 50%, but the last 30 to 45 days have...
READ MOREJapan Develops Innovative Alloy for Aviation Researchers at Japan’s National Institute of Materials Science have created an alloy of titanium and nickel that combines the strength of steel with the elasticity of rubber. In experiments, the alloy was elongated by 50% and then further stretched by 12% after being heated to 300°C. This process resulted...
READ MORENth Cycle, a U.S.-based metal-refining startup, has opened its first commercial nickel-cobalt refinery in Ohio, with plans to partner with recyclers and eventually miners to produce metals with less waste. The facility, which received a $7.2 million tax credit under the Inflation Reduction Act, produces mixed hydroxide precipitate (MHP), a key precursor material used by...
READ MOREIndian conglomerate Vedanta announced plans to increase its production of nickel and nickel sulphate, capitalizing on the rising demand for electric vehicle (EV) battery materials in Northeast Asia. In an emailed statement, the company said that its subsidiary, Vedanta Nico, aims to expand capacity for these key materials, though it did not provide specific production...
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