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Vale not planning more equity sales in Base Metals, may consider IPO in 3-4 years

Vale is a major global producer of iron ore, copper and nickel.

Saturday, October 7, 2023

Glencore to stop funding troubled New Caledonia nickel plant

Glencore Plc said on Wednesday it will stop funding the loss-making Koniambo Nickel SAS (KNS) business it co-owns in New Caledonia at the end of February, adding to pressure on the troubled nickel sector in the French Pacific territory.

Thursday, September 28, 2023

Philippines’ lower house passes bill overhauling mining tax system

The Philippines’ lower house on Tuesday approved a bill that overhauls the tax system for mining, which the government said will be simplified to make the industry more attractive to investors.

Wednesday, September 27, 2023

LG Chem with Huayou to make battery materials in Indonesia, Morocco

Recently, South Korea’s LG Chem Ltd has entered a partnership with China’s Huayou Group’s subsidiary Youshan to build a joint electric vehicle (EV) battery material plant in Morocco to diversify its portfolio.

Tuesday, September 26, 2023

Philippines hopes to boost cooperation with US in mining and batteries

The Philippines is eager to expand economic cooperation with the United States, particularly in critical minerals and production of battery components, Philippines Foreign Minister Enrique Manalo said on Friday.

Monday, September 25, 2023

Asian Battery Minerals enrolls hi-tech mineral resource locator to explore nickel deposit in Mongolia

Asian Battery Minerals (ABM), which was a participant in the 2023 BHP Xplor accelerator program and is targeting potential nickel deposits in Mongolia, joined forces with Getech, a locator of subsurface resources, and just completed an initial round of explora...

Monday, September 25, 2023

Indonesia extends validity of mining production plans to three years

Indonesia will allow mining production plans to stay valid for three years with immediate effect, according to rules made public on Thursday, as it looks to beef up efficiency in quota approvals.

Friday, September 22, 2023

Top Philippine nickel miners may spend $2bn in new plants

The Philippines’ two biggest nickel producers are planning to invest about $1-billion each to build processing plants, the companies’ top executives said, boosting the government’s push to develop the Southeast Asian nation’s downstream mineral industry.

Thursday, September 21, 2023
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