Nickel Industries said it has completed the acquisition of 10% equity interests in two producing assets from Shanghai Decent: the Huayue Nickel Cobalt and Oracle Nickel projects in Indonesia. The transaction increases the miner’s stake in Oracle Nickel to 80%. Read the full story here.
Read MoreAn employee at the Moa Joint Venture open-pit mine in Moa, Cuba, has died due to a vehicle-related accident.
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State-owned Saudi Arabian Mining Co. (Ma’aden) has agreed to form a joint venture with the kingdom’s sovereign wealth fund to invest in mining assets globally, reported Reuters. Ma’aden will own 51% in the venture while the Public Investment Fund will own 49%, the company said in a regulatory filing. The miner said the new venture’s strategy “will initially be to…
Read MoreThe U.S. State Department said recently that the country has entered an agreement with Canada and other countries to secure supplies of critical minerals like lithium, cobalt and nickel. Read full article.
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The Copper Mark assurance framework is no longer only about copper: the responsible production initiative is collaborating with the International Molybdenum Association (IMOA), the International Zinc Association (IZA) and the Nickel Institute (NI) to promote cross-commodity best practices to make the program also available to molybdenum, nickel and zinc producers.
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As part of a plan to fast-track the movement of its project, UK-based producer Horizonte Minerals said its Araguaia Niquel Metais (ANM) arm is acquiring both new and used ferronickel processing equipment for its Araguaia project in Brazil. The deal with seller Companhia Brasileira de Alumínio (CBA), part of investment group Votorantim SA, was made for US$600,000 cash up front,…
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Australian miner Nickel Mines Limited said that first nickel pig iron from the Angel nickel project in Indonesia, will be ready long before its target date of October 2022 – it is now focusing squarely on the first quarter of the new year.
Read MoreThe first quarter of next year will be a busy one for miner Eramet, which has confirmed it will restart construction at its Argentina lithium plant – work that has been halted for more than 18 months. As part of its fast-track into an energy metals transition and to strike on growth and demand momentum, the French company said the…
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BHP confirmed it has achieved first nickel sulphate crystals from its Kwinana plant south of Perth, Western Australia. Read full article at The ASIA Miner.
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