Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad said on Thursday.

Russian mining and metals giant Nornickel on Thursday lowered its forecast for the global nickel surplus this year, but said it expected a bigger global palladium deficit.

Vale and the Brazilian state of Para have moved closer to an agreement that could allow the mining group to resume operations at its Onca Puma nickel mine.

Horizonte Minerals has appointed Chad Griffin and Geoff Rowley as administrators, following its inability to secure full financing for the Araguaia nickel project, in Brazil.

Indonesia has granted Vale’s (NYSE: VALE) local unit a special mining permit extension.

The Australian government on Tuesday announced a A$22.7-billion package to boost domestic manufacturing and renewable energy as the country seeks to reduce its reliance on foreign suppliers for key technologies.

Australia’s budget will feature a bigger boost for the nation’s critical minerals industry, Treasurer Jim Chalmers said.

Canada’s mining industry is pushing for an carveout to the federal government’s proposed increase to capital gains taxes, warning the hike will make it harder for junior miners to raise money to find new mineral deposits.