ALX acquires nickel, copper, cobalt claims in Saskatchewan

ALX acquires nickel, copper, cobalt claims in Saskatchewan

ALX Uranium (TSXV: AL) announced that it acquired claims prospective for nickel, copper and cobalt mineralization totaling approximately 7,169 hectares at its Falcon nickel project located in the northern Athabasca region of Saskatchewan. In a...

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DeepGreen closer to mining battery metals from the sea after $150m injection

DeepGreen closer to mining battery metals from the sea after $150m injection

Canada’s DeepGreen Metals, a start-up planning to extract cobalt and other battery metals from small rocks covering the seafloor, has secured the bulk of the $150 million it needs to carry out its first feasibility studies. The financing...

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BHP more bullish on long-term EV prospects

BHP more bullish on long-term EV prospects

The world’s largest miner, BHP (ASX, NYSE: BHP), has lifted its forecasts for the global adoption and sales of electric vehicles (EVs), but warns the electrification of the transport sector will proceed only as fast as the development of charging...

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First Quantum signals potential restart of Ravensthorpe mine

First Quantum signals potential restart of Ravensthorpe mine

First Quantum Minerals (TSE: FM) is investigating the possibility of re-starting its idled Ravensthorpe nickel/cobalt operation in Australia, according to UK-based market research firm Roskill. The Vancouver-based company acquired the...

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US senate introduces new bill to boost domestic battery minerals supply

US senate introduces new bill to boost domestic battery minerals supply

Republican senators led by Lisa Murkowski has introduced bipartisan legislation to secure mineral resources and supply chains, reducing reliance on foreign sources. The new legislation – the American Minerals Security Act – listed lithium...

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Tesla warns of coming battery minerals shortage

Tesla warns of coming battery minerals shortage

While demand for electric vehicles (EVs) continues to soar, investment in companies mining for the so-called battery metals is lagging far behind, which may trigger an upcoming global shortage of those minerals, a Tesla executive has warned. The...

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Top Philippine nickel miner says 2019 ore sales steady, exports to China to fall

Top Philippine nickel miner says 2019 ore sales steady, exports to China to fall

Nickel Asia Corp, the Philippines’ top nickel ore producer, expects its 2019 shipments to be unchanged from last year, although it plans to increase its domestic sales to maximise profits, its chief financial officer told Reuters. Nickel...

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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...

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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...

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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...

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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...

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