Russia, China to buy 10% in Onexim Group’s mining company

Russia, China to buy 10% in Onexim Group’s mining company

Russia’s RDIF sovereign wealth fund said on Thursday it had completed a joint deal with the Russia-China Investment fund and a Middle Eastern sovereign wealth fund to acquire a 9.53 stake in Russian mining company Intergeo. Intergeo, a part...

Read more
Tin’s bright electric future poses supply problem

Tin’s bright electric future poses supply problem

The electric vehicle (EV) revolution has galvanised battery metals such as lithium, cobalt and nickel – and now the tiny tin market is becoming aware that it, too, might be a beneficiary. The International Tin Association (ITA) has just released...

Read more
Sherritt International reaches $3B pound nickel production milestone

Sherritt International reaches $3B pound nickel production milestone

Sherritt International’s (TSX: S) stock was up Friday, after announcing the company had reached three billion pounds of finished nickel production since operations began at its refinery in Fort Saskatchewan, Alberta. The Fort Saskatchewan...

Read more
BHP announces executive changes

BHP announces executive changes

BHP Group Ltd, the world’s biggest miner, announced a raft of management changes on Thursday, in line with its “transformation agenda” led by Chief Executive Andrew Mackenzie. The executive-level changes at BHP include the...

Read more
Megafactories buildout could up nickel demand in batteries 19 fold—Benchmark

Megafactories buildout could up nickel demand in batteries 19 fold—Benchmark

It was encouraging for miners when Simon Moores, managing director, Benchmark Mineral Intelligence, testified before the U.S. Senate Committee on Energy and Natural Resources on Tuesday. Moores was summoned by the Senate Committee to testify on...

Read more
Doubts cast on plans for deluge of new nickel supply

Doubts cast on plans for deluge of new nickel supply

LONDON – Expectations of a supply avalanche hitting the nickel market next year due to new capacity in Indonesia have sent prices to seven-month lows, but analysts doubt the plans spearheaded by Chinese firms can be carried out so quickly...

Read more
Nornickel aims to boost output to tap electric car boom

Nornickel aims to boost output to tap electric car boom

Russian nickel and palladium producer Norilsk Nickel (Nornickel) plans to ramp up output over the next five years to tap an expected boom in demand from electric vehicle makers, its CEO and top shareholder Vladimir Potanin told Reuters. The...

Read more
Australian Mines shares soar after partnering with Indian firm to produce key battery metal

Australian Mines shares soar after partnering with Indian firm to produce key battery metal

Shares in Australian Mines (ASX:AUZ) closed 25 percent higher on Friday in Sydney after the company announced it had partnered with an Indian firm to evaluate the use of scandium in next-generation battery storage technology. The Perth-based...

Read more
NMC batteries dominating EV – sales to reach 63% of global market

NMC batteries dominating EV – sales to reach 63% of global market

NMC is the most popular of the chemistries currently used in batteries by EV manufacturers, and market share is expected to expand dramatically in new EV sales, a new outlook for electric vehicle battery metals report published by Fitch Solutions...

Read more
Resource Weekly 320 – Chile’s Codelco plans to raise $1 billion in 2019

Resource Weekly 320 – Chile’s Codelco plans to raise $1 billion in 2019

  Click here to find more details This is NAI’s new Resource Weekly. We will be covering the latest news in Mining, and Oil and Gas sectors every week. To continue to receive NAI’s Resource Weekly, please click Here to subscribe.

Read more
China News Weekly 81 – China to build $700m nickel plant in Indonesia for EV batteries

China News Weekly 81 – China to build $700m nickel plant in Indonesia for EV batteries

Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe

Read more
Do NOT follow this link or you will be banned from the site!