Indonesia adds nickel parks worth nearly $40 billion to strategic plan

Indonesia’s outgoing government has added 16 programs to its list of strategic projects that will receive state support, including five industrial parks for nickel processing, officials said on Tuesday.

Philippines eyes boost to nickel processing capacity

The Philippines said on Friday it aimed to add three more processing plants in the effort to develop a downstream industry for its abundant nickel resources, after nations such as China and the United States expressed interest in the mining sector.

Indonesia says nickel reserves enough for expansion, despite moratorium call

Indonesia’s nickel reserves are sufficient for expanded processing operations, an investment ministry official said on Wednesday, amid calls from a miners’ group to curb construction of new smelters to ease a global glut.

US, Philippines eye agreement to cut China nickel dominance

The US and the Philippines are in discussions over ways to prevent China from dominating nickel processing in the Southeast Asian nation, a key supplier of the metal that’s crucial for electric vehicle batteries.

Lower iron, nickel and copper prices weigh on Vale’s quarterly earnings

Brazilian miner Vale on Wednesday said lower prices for iron ore, nickel and copper in the first quarter dragged down earnings compared to the year before, as it posted net profit slightly below analyst estimates.

Potanin’s Interros calls Rusal claims about Nornickel asset sales ‘unfounded’

Interros, Nornickel’s largest shareholder, on Monday called allegations by fellow shareholder Rusal about undervalued asset sales unfounded, the latest step in a long-running dispute between two of Russia’s biggest metals firms.

Vale divestment in Indonesian nickel unit expected to finish in July

Indonesia’s mining minister on Wednesday said divestment of Vale Canada Ltd and Sumitomo Metal Mining Co. Ltd’s shares in their nickel miner unit Vale Indonesia is expected to conclude in July.

Indonesia’s Antam to start building new nickel smelter, HPAL plant in 2025

Indonesian state-controlled miner Aneka Tambang (Antam) aims to launch the construction of two nickel processing facilities next year under its partnership with China’s Ningbo Contemporary Brunp Lygend Ltd (CBL).

Ivanhoe Electric earns into 60% of nickel-copper project in Côte d’Ivoire

Ivanhoe Electric (NYSE American: IE) (TSX: IE) terest in the Samapleu-Grata nickel-copper project in Côte d’Ivoire after satisfying the expenditure requirements outlined in an agreement from three years ago.

Wyloo says industry will turn from LME without green nickel

Nickel miner Wyloo, owned by Australian mining magnate Andrew Forrest, said that if the London Metal Exchange (LME) doesn’t launch a green nickel contract, the industry will have to look for another trading venue.

LME partner Metalshub plans for ‘green’ nickel price

The London Metal Exchange (LME) does not plan to launch a separate “green” nickel contract because the market is not large enough, but said its partner was developing an index price that will reflect demand for low carbon nickel.

LME does not plan to launch green nickel contract

The London Metal Exchange (LME) does not plan to launch a “green” futures contract in nickel because the market for such a contract is not yet large enough, it said on Tuesday.

Nickel may see deficit on Indonesia hurdles, Macquarie warns

The global nickel market could swing to a surprise deficit this year if growth in Indonesian output is constrained by slow mining permit approvals, according to Macquarie Group Ltd.

Nickel-based electrode material opens doors to cobalt-free batteries

An international team of researchers has developed a nickel-based electrode material that opens new avenues to cobalt-free batteries for electric vehicles.

Nickel faces existential moment with half of mines unprofitable

Many of the world’s biggest nickel mines are facing an increasingly bleak future as they wake up to an existential threat: a near limitless supply of low-cost metal from Indonesia.

Fortescue’s Forrest urges LME to separate ‘clean’ nickel contracts

The London Metal Exchange (LME) should classify its nickel contracts into “clean” and “dirty” ones to give customers more choice, Australian iron ore magnate Andrew Forrest said on Monday.

Eramet in talks with France to offload debt from SLN nickel unit

Eramet is in “very advanced talks” with the French government to remove from its balance sheet several hundred million euros of debt related to its loss-making nickel subsidiary SLN in New Caledonia, the mining group said.

BHP says nickel faces “difficult multi-year run”

BHP Group on Tuesday logged first-half underlying profit that slightly beat analyst expectations, buoyed by strong iron ore prices, and said inflationary impacts were receding.

Australia lists nickel as ‘critical mineral’ to unlock billions in support

Australia classified nickel as a “critical mineral” on Friday, opening the way for the crisis-hit industry to access billions of dollars in cheap government loans, as its prime minister prepared wider policy support for the green energy industry.

Rusal to add Abramovich to lawsuit against Potanin over nickel miner pact

Aluminum giant Rusal obtained permission by a London court on Friday to add Russian billionaire Roman Abramovich and his firm Crispian Investments Ltd as defendants in the case against Vladimir Potanin, CEO of Nornickel.

Indonesia names two Chinese nationals as suspects in nickel fire

Indonesia named two Chinese nationals as suspects in an investigation into a deadly blast at a nickel smelter owned by top producer Tsingshan Holding Group.

Alaska Energy boosts contained nickel at Nikolai project to 8 billion lb.

Alaska Energy Metals said on Monday that its 100% owned Eureka deposit, part of its flagship Nikolai polymetallic project in Alaska, now contains one of the biggest known nickel resources in the US following an update to the NI 43-101 mineral resource estimate (MRE).

Glencore to sell stake in troubled New Caledonia nickel operation

Glencore said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS business it co-owns in New Caledonia, as a sharp drop in the metal’s prices continues to hit the industry.

Canada Nickel plans to raise $1 billion for processing plant

Canada Nickel Co on Thursday said it is looking to raise $1 billion to build a nickel processing plant, as it seeks to position itself as an alternative supplier of the metal used in car and electric battery vehicles.

Nickel price extends slump on Indonesian glut as metals hit by Fed

Nickel extended a year-long slump as rising Indonesian supplies help create a glut, while other base metals declined on reduced bets that the Federal Reserve will cut interest rates next month.

Esfahan Mobarakeh Steel co.
khuzestan steel
chadormalu Co.
ghadir neiriz co
sangan steel
ahan o fulad golgohar