Glencore, carmakers lead $1bn acquisition of Appian nickel-copper mines in Brazil

Private equity firm Appian Capital Advisory is selling its wholly owned Atlantic Nickel and Mineração Vale Verde operations in Brazil to ACG Acquisition Company Limited (LON: ACG) for $1 billion cash, with capital coming from battery metals hungry actors, incl...

Tuesday, June 13, 2023

BHP’s Xplor looking for more copper, nickel exploration projects

BHP Xplor, an accelerator program introduced by the miner in August 2022 to help grow its portfolio of what it calls forward facing commodities, will launch a second round in September, which will focus on copper and nickel-related projects exclusively, the he...

Monday, June 12, 2023

Black Swan gets nickel resource upgrade

Poseidon Nickel’s Black Swan project in Western Australia has reported a 14 per cent increase in its average nickel grade.Compared to the 2022 Black Swan disseminated mineral resource, the project has reported a 48 per cent increase in the contained nickel in...

Thursday, June 8, 2023

BHP-backed Tanzania nickel miner in talks for offtake contracts

BHP Group-backed Lifezone Metals, which is developing a nickel mine in Tanzania, is negotiating supply deals with several electric vehicle manufacturers and battery makers as the race for energy transition metals intensifies, its CEO said.

Friday, May 26, 2023

LME profits fall to 8-year low as nickel crisis hits exchange

Profits at the London Metal Exchange fell to the lowest in eight years in 2022, as the massive short squeeze that brought the nickel market to a juddering halt in March took its toll on the exchange.

Monday, May 22, 2023

Adavale Resources secures new prospecting licence within Kabanga Jirani Nickel Project, Tanzania

Adavale Resources secures new prospecting licence within Kabanga Jirani Nickel Project, Tanzania

Monday, May 22, 2023

UK to ban Russian diamonds, copper, aluminium and nickel in Fresh Round of Sanctions

(Reuters) - Britain's Prime Minister Rishi Sunak plans to announce a ban on Russian diamonds and imports of metals from Russia including copper, aluminium and nickel in support for Ukraine, his government said in a statement.

Monday, May 22, 2023

FNI: plan to export 6.5 million wet metric tons of nickel ore

"We expect a year of increased production, focused operational execution, and additional exploration drilling at our mine sites. Specifically, we plan to export 6.5 million wet metric tons (WMT), including 5 million WMT from Cagdianao and 1.5 million WMT from ...

Monday, May 22, 2023
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