WBMS: Global refined nickel oversupply in September was 2,834 tons

The latest report published by the World Metal Statistics Bureau (WBMS) shows that in September 2024, the global refined nickel production was 287,896 tons, the consumption was 285,062 tons, and the supply surplus was 2,834 tons.

Friday, November 22, 2024

Japan battery industry now eyes Tanzania’s nickel, cobalt, copper

Japanese battery industry is targeting cleaner nickel, cobalt and copper from Tanzania’s Kabanga Nickel project, managed by Tembo Nickel.

Tuesday, November 19, 2024

China, Indonesia seal $10 billion in deals focused on green energy and tech

China and Indonesia signed deals worth $10 billion at the Indonesia-China Business Forum in Beijing on Sunday, spanning sectors including food, new energy, technology, and biotechnology, Chinese state media reported.

Monday, November 11, 2024

Huayou seeks $2.7 billion for Ford-backed Indonesia nickel plant

Zhejiang Huayou Cobalt Co., one of the world’s largest nickel producers, is sounding out banks for roughly $2.7 billion in financing for its Ford Motor Co.-backed project in Indonesia, according to people familiar with the matter.

Friday, November 8, 2024

Canada Nickel intersects massive sulphide at Bannockburn south of Timmins

Canada Nickel Company Inc. has intersected a significant interval of massive sulphide on its Bannockburn Property located 65 kilometres south of Timmins.

Thursday, November 7, 2024

LME Nickel Inventories Reach Over Three-Year High

LME Nickel Inventories Reach Over Three-Year High

Thursday, November 7, 2024

North Maluku sees massive investment surge in mineral processing

The Ministry of Energy and Mineral Resources (ESDM) has reported that investment in mineral downstreaming in North Maluku was recorded at IDR 55 trillion (USD 3.5 billion) in the period of January to September 2024.

Wednesday, November 6, 2024

US Strategic Metals gains approval for $100.8m loan program

US Strategic Metals (USSM) announced on Tuesday that its $100.8 million loan application has been granted expedited approval by the United States Citizenship and Immigration Services (USCIS) in recognition for the potential job creation by the company’s criti...

Wednesday, November 6, 2024
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