Battery metals snapshot: Eight companies charging up
New sources of battery metals are needed more than ever before as demand rises for low-emissions vehicles. The eight companies featured below hope to meet that demand for critical minerals…
Nickel
BHP considers closing Western Australia Nickel operations amid price decline
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) said on Thursday that it is considering closing its Western Australia Nickel operations amid a sharp fall in prices. The miner said it…
Glencore to sell stake in troubled New Caledonia nickel operation
Glencore (LSE: GLEN) said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS (KNS) business it co-owns in New Caledonia, as a sharp drop…
Alaska Energy boosts contained nickel at Nikolai project to 8 billion lb
Alaska Energy Metals (TSXV: AEMC; US-OTC: AKEMF) said on Monday that its Eureka deposit, part of its flagship Nikolai polymetallic project in Alaska, now contains one of the biggest known…
Billion-dollar Canada Nickel plants would boost Ontario processing for EV supplies
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) says it plans to build two metal processing plants that could cost more than US$1 billion to serve the world’s largest nickel sulphide project it’s…
Near-term view on commodities rosier than reality, reports say
Macquarie Group’s analysis of January’s purchasing managers’ index (PMI) data suggests the global industrial cycle may be at a turning point following recent lows, potentially signalling a bullish phase for…
Cash crunch has junior miners feeling ‘despondent’
According to Mining Intelligence data, mining financings tumbled by around 13% last year, after falling a precipitous 45% the previous year. Numbers from the Prospectors and Developers Association aren’t in…
South32 hits IGO with $107M royalty lawsuit
South32 (ASX: S32) is taking battery metals producer IGO (ASX: IGO) to court over royalty payments worth A$122.1 million ($107 million) it claims to be owed, which are related to the Tropicana gold…
NiCAN shares soar on high-grade nickel results at Wine project in Manitoba
Shares in Manitoba-focused NiCAN (TSXV: NICN) surged 266.6% Wednesday on new assay results showing its longest zone of nickel-equivalent mineralization to date at its Wine property in west-central Manitoba. Diamond…
How LFP batteries brought EV metal markets back to earth
When Elon Musk first announced Tesla’s move to LFP (lithium iron phosphate) batteries in February 2020, many were skeptical. LFP didn’t seem to fit with Tesla’s luxury and sporty carmaker…
Lifezone Metals rises on new nickel discovery at Kabanga
Shares in Lifezone Metals (NYSE: LZM), 17% owned by BHP (NYSE: BHP; LSE: BHP; ASX: BHP) rose in the early hours of Monday’s trading session on news about a high-grade nickel…
Guatemala to review all mining licences, including Bluestone’s just-granted permit
The Guatemalan Ministry of Energy and Mines will review all mining licenses in response to multiple complaints regarding bribes and corruption.