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Vale's Production and Sales Report for 1Q24

Vale's 1Q24 report was released.

Wednesday, April 17, 2024

Nornickel says new Western sanctions raise risk of metals market disruption

US and British sanctions imposed on Russian nickel, copper and aluminum will further increase price volatility and supply uncertainty, Russian metals-producing giant Norilsk Nickel said on Tuesday.

Wednesday, April 17, 2024

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%.

Wednesday, April 17, 2024

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.

Tuesday, April 16, 2024

US, UK take action targeting Russian aluminum, copper and nickel

Washington and London on Friday prohibited metal-trading exchanges from accepting new aluminum, copper and nickel produced by Russia and barred the import of the metals into the US and Britain.

Monday, April 15, 2024

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.

Thursday, April 11, 2024

Nickel Industries attracts strong interest for its Indonesian supply

More than 25 global auto and battery makers have expressed interest in buying nickel from Australia-listed producer Nickel Industries' new Indonesian plant, CEO Justin Werner said on Tuesday, in the latest boost to Indonesia's nickel dominance.

Wednesday, April 10, 2024

Macquarie: China Production Costs Will Determine The Direction Of LME Nickel Prices

Macquarie said that the cost of producing low-grade nickel pig iron (NPI) in China will be the key to determining nickel prices. Nickel prices on the London Metal Exchange (LME) are down 45% in 2023 and are under further pressure.

Tuesday, April 9, 2024
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