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Nornickel cuts nickel production by 10% y/y in Q1
Russian metals giant Nornickel, the world’s largest palladium producer and a major producer of high-grade nickel, cut nickel production by 10% year on year in the first quarter to 42,000 metric tons, the company said on Monday. |
BHP nears decision on WA nickel
BHP is nearing a decision regarding its nickel operations in Western Australia. The company, which has been conducting a review of these assets since February, is expected to unveil its long-term strategy by August, CEO Mike Henry said on Thursday. |
Indonesia approves 152.6mn t of nickel mining quotas
Indonesia's government has approved a total of 152.62mn t nickel mining production quotas, also known as RKAB, so far this year, market participants told Argus. |
Vale's Production and Sales Report for 1Q24
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Vale's 1Q24 report was released. |
Aston Minerals ups nickel resource estimate by 44% at Boomerang in Ontario
Australian explorer Aston Minerals (ASX: ASO) has updated the JORC compliant indicated tonnage estimate at the Boomerang nickel-cobalt sulphide system by 44%. |
Horizonte Minerals fails to secure financing, considering mine sale
Shares of Glencore-backed Horizonte Minerals (AIM, TSX: HZM) plunged on Monday after the company announced it has failed to secure additional financing needed to complete the construction of its Araguaia nickel project in Brazil. |
Eramet reaches agreement to continue SLN’s New Caledonia operations
French mining group Eramet said on Wednesday it had reached an agreement with the French government to continue its subsidiary SLN’s mining operations in New Caledonia’s Northern Province. |
Vale Indonesia targets 2024 output of about 70,800 metric tons nickel in matte
Nickel miner PT Vale Indonesia is aiming for output this year of about 70,800 metric tons of nickel in matte, an official said on Monday, a similar volume to the 70,728 metric tons produced in 2023. |
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