The Philippines and Indonesia are the world’s biggest suppliers of nickel.

A 60% slump in cobalt prices over the last two years has exposed the fragility in Washington’s efforts to bolster supplies of critical minerals.

Horizonte Minerals is warning that it needs a whole new financing package to restart its nickel project in northern Brazil.

President Gustavo Petro came into office in 2022 on a pledge to wean the country off its dependency on fossil fuels.

The gold miner agreed to sell its Russian unit to Russian firm Mangazeya Plus.

The move came days after an incident that dislodged 10 million cubic meters of earth across a 200-meter slope.

Prices climbed as much as 1.5% to trade above $8,300 a ton on the London Metal Exchange on Thursday.

Guinea is among the world’s top producers of bauxite, a raw material used to produce aluminum.

Lithium prices have dropped more than 80% in the past year.

John Thornton, an ex-investment banker from Goldman Sachs, joined Barrick in 2012 as a director under founder Peter Munk.

Nigeria-based Africa Finance Corp. last week signed an expression of interest to provide $100 million in financing to the facility.

The government will sell rights to about 20 blocks of land to explore for critical metals.