Indonesia says its nickel supply will keep global prices lowNickel prices plunged by around 45% last year, and dipped briefly below $16,000 a ton earlier this month.Bloomberg News | February 29, 2024 | 7:10 am
India launches second part of critical minerals auction worth $362 billionA total of 18 critical mineral blocks, including tungsten, vanadium,…Reuters | February 29, 2024 | 6:44 am
Australia considers tax credit for minerals processing, says industry groupThe government is considering a 10% production tax credit that…Reuters | February 28, 2024 | 9:58 am
Lithium Chile farms out four properties to Eramet Eramet is expected to carry out a three-phased exploration program on these properties over the next 3-4 years. Staff Writer | March 5, 2024 | 12:23 pm
Indonesia aims to finish mining output quotas approval by end-March The approval process for the quotas has been delayed this year, raising concerns from nickel smelters who are facing depleting ore stock. Reuters | March 5, 2024 | 11:52 am
SRG Mining scraps $12.5m deal with China’s C-ONE as Canada tightens scrutiny C-ONE last year signed a C$16.9 million deal for a 19.4% stake in SRG. Reuters | March 5, 2024 | 10:08 am
Zelandez launches slimmest ever borehole formation tester for lithium developers New BFT can analyze fluid underground in real-time and capture multiple clean lithium brine samples from a well for further testing, Zelandez said. Staff Writer | March 5, 2024 | 9:46 am
LME does not plan to launch green nickel contract Iron ore magnate Andrew Forrest said recently the LME should classify its nickel contracts into "clean" and "dirty" to give customers more choice. Reuters | March 5, 2024 | 7:32 am
Ganfeng Lithium plans to buy 15% stake in Pastos Grandes project The deal would give Ganfeng more access to resources in Argentina. Reuters | March 5, 2024 | 7:27 am
Sibanye falls to $2 billion loss, weighs capital raise if metal prices worsen CEO Neal Froneman said Sibanye may consider a capital raise if the lower metal prices persist for longer. Reuters | March 5, 2024 | 7:21 am
Indonesia and China killed the nickel market Cheap Indonesian nickel, controlled by China and dumped on the market, has collapsed nickel prices and forced global mine closures. Rick Mills - Ahead of the Herd | March 4, 2024 | 2:03 pm
Frontier Lithium, Mitsubishi form JV for Canadian lithium operations The partnership will help finance Frontier's PAK Lithium Project mine in Ontario and a planned lithium chemicals conversion facility. Reuters | March 4, 2024 | 10:32 am