Relevant News

CaNickel selling Bucko Lake nickel project to Cobalt One for $59 million

CaNickel Mining (TSXV: CML) has granted Cobalt One Energy an option to purchase CaNickel’s Bucko Lake nickel project for C$80 million ($59m). The mine is located about 110 km southwest of Thompson, Manitoba, near the town of Wabowden.

Tuesday, December 5, 2023

Nornickel raises forecasts for global nickel surplus in 2023

Russian mining and metals giant Nornickel has raised its global nickel surplus estimate for the current year due to lower than expected consumption in the battery sector, the company said in a market report.

Tuesday, December 5, 2023

Electrification to drive nation's net-zero goals

Electrification will play a key role in China's decarbonization, especially in sectors such as steel, building and transportation, experts said.

Tuesday, December 5, 2023

Chinese enterprises secure global supply chain with digital tech

In the world's first national supply chain expo, a Chinese steel mill moved the model of its smart workshop into the exhibition hall themed digital tech.

Tuesday, December 5, 2023

Kazakhstan Unveils $245 Million Ferroalloy Plant in Pavlodar Region

Plans to construct a state-of-the-art plant to produce ferroalloys in Ekibastuz, Pavlodar Region, with a production capacity of 80,000 tons of ferrosilicon annually, were announced during a Dec.

Monday, December 4, 2023

Premium Nickel announces C$20m financing package

Explorer Premium Nickel has announced a C$20-milion equity and debt financing package, which will provide the company with sufficient funds to meet its business objectives and liquidity requirements for another year.

Monday, December 4, 2023

Indonesia Speeds Up Landmark Closing of Java Coal Plant

Indonesia has moved a step closer to the early retirement of the privately owned Cirebon-1 coal-fired power station, a milestone deal that could shutter the plant nearly seven years early and create a blueprint for others to follow.

Monday, December 4, 2023

ArcelorMittal longs business closure to impact on jobs, industrial capacity

Creamer Media editor Terence Creamer discusses ArcelorMittal South Africa's announcement that it may cut about 3 500 jobs as it plans to wind down its long-products business

Monday, December 4, 2023
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