Vale posts $3.8 billion loss on nickel impairment

Vale posts $3.8 billion loss on nickel impairment

Vale on Thursday reported that its fourth-quarter net loss widened year-on-year, citing an impairment of nickel assets in Canada, yet analysts welcomed a core profit above expectations, projecting a positive share reaction.
Vale Indonesia halts mining activities on delayed approval for 2026 output plan

Vale Indonesia halts mining activities on delayed approval for 2026 output plan

Nickel miner PT Vale Indonesia Tbk said on Friday it was suspending mining activities in Southeast Asia’s largest economy due to delays in the approval of its annual production plan.
MMG’s deal to buy Anglo American’s Brazil nickel assets faces EU regulatory delay

MMG’s deal to buy Anglo American’s Brazil nickel assets faces EU regulatory delay

Hong Kong-listed mining and metals company MMG said on Monday that the European Commission had extended the review of its deal to purchase Anglo-American's nickel business in Brazil.
Stellantis terminates Alliance Nickel offtake deal

Stellantis terminates Alliance Nickel offtake deal

Australian metals miner Alliance Nickel said on Friday that automaker Stellantis had terminated its binding offtake agreement for nickel and cobalt from the NiWest project in Western Australia, citing missed contractual milestones linked to challenging market conditions.
China’s MMG hit by EU probe of $500m Anglo deal

China’s MMG hit by EU probe of $500m Anglo deal

Chinese-owned mining firm MMG’s $500-million purchase of Anglo American's Brazilian nickel business has been hit by an in-depth European Union probe after regulators warned that the deal threatens the bloc’s stainless-steel industry.
Mining right granted for Zeb nickel project; URU raises £1.1m

Mining right granted for Zeb nickel project; URU raises £1.1m

South Africa’s Department of Mineral and Petroleum Resources (DMPR) has granted and executed a mining right in favour of Lesego Platinum Uitloop – the project company for London-listed URU Metals’ Zeb nickel project, located on the northern limb of the Bushveld Complex.
Pacific Nickel to sell Solomon Islands assets, exit Kolosori nickel project

Pacific Nickel to sell Solomon Islands assets, exit Kolosori nickel project

Base metals company Pacific Nickel Mines has agreed to sell its Solomon Islands subsidiaries, including the Kolosori nickel project, to Green Rock for a nominal price of A$1, exiting the operation amid weak nickel market conditions.
South32 sees limited risk of Indonesia replicating nickel success in alumina

South32 sees limited risk of Indonesia replicating nickel success in alumina

Australian diversified miner South32 is closely watching alumina developments in Indonesia to see whether they will drag down prices in the global market the same way its nickel industry has, CEO Graham Kerr said on Thursday.
Philippine miner sees surge in nickel shipments to Indonesia

Philippine miner sees surge in nickel shipments to Indonesia

Nickel ore shipments to Indonesia from the Philippines are expected to surge this year to meet demand from Chinese-owned refineries affected by Jakarta’s curbs on domestic production, according to the head of a Philippine miner.
URU Metals confirms high-grade resource continuity at Zeb nickel project

URU Metals confirms high-grade resource continuity at Zeb nickel project

URU Metals has confirmed the presence of thicker, higher-grade nickel/copper/platinum group metals horizons beneath the historic openpit resource of the Zeb nickel project, in South Africa’s Limpopo province.