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LME volumes hit 10-year high in second quarter, led by nickel

Futures and options average daily volumes on the London Metal Exchange (LME) hit a 10-year peak in the second quarter, jumping 27% year on year, the exchange said on Thursday.

Friday, July 5, 2024

LME plans to suspend nickel brand of Nornickel’s Finnish plant from Oct 3

The London Metal Exchange (LME) will suspend the listing of a nickel brand produced by a plant in Finland owned by Russian metals giant Nornickel, it said on Wednesday, without providing a reason for the suspension.

Thursday, July 4, 2024

A ferroalloy plant is planned to be built in Kazakhstan with Turkish investment

In the Abay region of Kazakhstan, a Turkish company plans to build a ferroalloy plant and mining-processing complex worth $79.2 million. The project will start in mid-2027.

Wednesday, July 3, 2024

Study confirms Jaguar’s nickel sulphide production potential

Centaurus Metals has announced the results of a feasibility study for the Jaguar nickel sulphide project in northern Brazil, highlighting the strong economics from an initial concentrate-only project delivering a long-life production profile at first quartile ...

Wednesday, July 3, 2024

Australia’s Chalice Mining inks deal with Mitsubishi to develop PGE project

Australian diversified miner Chalice Mining signed an agreement on Wednesday with Japan’s Mitsubishi Corp to develop its Gonneville PGE-nickel-copper-cobalt project, located in Western Australia.

Wednesday, July 3, 2024

Vale expects to regain Onca Puma nickel mine and Sossego copper mine licences

Vale has reached a deal with the state of Para to have the operating licenses of its Onca Puma nickel mine and Sossego copper mine reinstated, the Brazilian miner said in a securities filing on Thursday.

Friday, June 28, 2024

Karelian sees nickel, copper, PGE potential in Northern Ireland

Diamond exploration company Karelian Diamonds has unveiled promising indications of nickel, copper and platinum group elements (PGEs) in its licence areas in Northern Ireland.

Wednesday, June 26, 2024

Eramet, BASF cancel plan to invest $2.6 billion in refining complex in Indonesia

French miner Eramet said on Monday it had decided, along with Germany’s BASF, to cancel a $2.6 billion joint investment project in a nickel-cobalt refining complex in Weda Bay, Indonesia.

Tuesday, June 25, 2024
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