Indonesia is reviewing its annual nickel ore mining quota, seeking to prevent further price falls, Energy and Mineral Resources Minister Bahlil Lahadalia told reporters on Friday.
Indonesia is considering deep cuts to nickel mining quotas as it seeks to boost slumping prices of the battery metal, according to people familiar with the matter.
Mining contractor PT Putra Perkasa Abadi (PPA) recorded an overburden material production (removal of soil covering coal) of 303.36 million bank cubic meters (BCM) from January to November 2024, exceeding the target set for November of 296.15 million BCM.
First Nation Taykwa Tagamou Nation (TTN) will invest $20-million of its capital in TSX-V-listed Canada Nickel Company for an 8.4% interest in the nickel company.
Vale Ventures, the corporate venture capital initiative of Brazilian miner Vale, said on Thursday it has invested in a Boston-based startup focused on developing solutions to decarbonise heat generation.
Canada Nickel (OTCQB: CNIKF) has filed its Impact Statement for the Crawford Nickel Sulphide Project with the Impact Assessment Agency of Canada on November 22, 2024.
Talon Metals (TSX: TLO, OTC: TLOFF) has won a contract from the US Department of Defense to aid the research and development of new techniques for extracting minerals from nickel sulphide ores and tailings.
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