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Ford, partners pick Canada for $900m battery materials plant
A consortium of Ford Motor Co and South Korean companies on Thursday said they would build a C$1.2 billion ($887 million)plant to produce electric vehicle (EVs) battery materials in Becancour, Quebec, a town seeking to become an EV-supply-chain hub, Canada’s ... |
Panoramic hunting for critical metals project
Nickel company Panoramic Resources will be looking to expand its portfolio within the next 12 to 18 months, MD and CEO Victor Rajasooriar said. |
Horizonte Minerals Reports Construction of Araguaia Nickel Project Now 65% Complete
Horizonte Minerals Plc (AIM: HZM | TSX: HZM) has reported good progress on the construction of its wholly-owned Araguaia Nickel Project. The company is targeting its first metal in Q1 2024. |
Australia’s Nickel Industries to seek shareholder nod for $620m share placement
Australia’s Nickel Industries said on Monday it would seek shareholder approval for a A$943 million ($620 million) share placement to pursue growth opportunities including potential expansion at its Excelsior Nickel Cobalt (ENC) project in Indonesia. |
Vale Indonesia plans to divest 14% stake – minister
Nickel miner Vale Indonesia is planning to divest 14% of its stake this year to fulfill divestment rules, Indonesia’s mining minister Arifin Tasrif told reporters on Friday. |
Nornickel makes Asia pivot as metals price drop hits H1 profits
Russian miner Nornickel said on Wednesday that Asia had become the company’s largest market in terms of revenue for the first time, as it posted a 79% year-on-year drop in first-half net profit after key metals prices declined. |
Vale to sell 13% stake in base metals unit for $3.4 billion
Vale (NYSE: VALE) has reached two separate agreements to sell a total 13% stake in its transition metals business for $3.4 billion, aiming to boost its copper and nickel output. The deals would value the company’s base metals unit, Vale Base Metals (VBM), at ... |
First Quantum starts output at Africa’s biggest nickel mine
First Quantum Minerals Ltd. started production at what is set to turn into Africa’s biggest nickel mine, furthering Zambia’s aim of becoming a key supplier of battery metals for the electric vehicle revolution. |
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