US focus on Greenland grab misguided: analysts
United States officials are misguided if they think gaining control of Greenland will give them access to a wealth of resources capable of shrinking overnight the country’s critical minerals reliance…
Nickel
Appian, World Bank unit start $1B critical minerals fund
U.K. private-equity firm Appian Capital Advisory is teaming up with the World Bank-owned International Finance Corporation (IFC) to start a $1-billion critical minerals, metals and mining fund that will be…
Vale drops plan to build Quebec nickel sulphate facility
Brazilian miner Vale (NYSE: VALE) has scrapped plans to build a C$325 million ($231 million) nickel sulphate facility in Quebec after its sole client put an expansion project on ice….
Canada Nickel targets Midlothian resource by end 2025
Canada Nickel (TSXV: CNC; US-OTCQX: CNIKF) said it will release an initial resource for its Midlothian property in northern Ontario next quarter after new drilling results showed near-surface mineralization. Hole…
Lifezone secures $60M bridge loan for nickel project
Lifezone Metals (NYSE: LZM) said Monday it has secured a $60 million bridge loan from Taurus Mining Finance Fund to fund early works and infrastructure development at its flagship Kabanga…
Lifezone cuts Kabanga project value to $1.6B
Lifezone Metals‘ (NYSE: LZM) feasibility study for the flagship Kabanga nickel project cuts the asset’s net present value and mine life while boosting production costs compared with a more speculative…
Noront picks Wyloo’s latest offer, gives BHP five days to match
Noront Resources (TSXV: NOT) said today it has chosen to go with the latest bid put forward by Australian billionaire Andrew Forrest’s Wyloo Metals, but has given BHP (NYSE: BHP;…
Tesla inks multi-year nickel supply deal with Prony
Tesla (NASDAQ: TSLA) has inked a multi-year nickel supply deal with New Caledonia’s Prony Resources, which guarantees the U.S. carmaker about 42,000 tonnes of the metal needed to produce the…
Canada Nickel mulls using Glencore’s processing facility in Ontario
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has inked a deal with Glencore (LSE: GLEN) to explore the potential use of the miner and commodities trader’s Kidd concentrator and metallurgical…
Tesla pitches ‘giant contract’ to nickel miners
Tesla boss Elon Musk is asking miners to produce more nickel, a key ingredient in the batteries that power his company’s electric cars, and has offered a “giant contract for…
Atlantic Nickel hits milestones at Santa Rita in Brazil
The Santa Rita mine in Brazil — one of the largest open-pit nickel sulphide mines in the world — remains fully operational with limited disruptions to the supply chain, owner…
Editorial: Indonesia to ban nickel ore exports in 2020
Indonesia has confirmed it will ban exports of nickel ore from January 2020 — two years earlier than expected. The Southeast Asian nation is the world’s largest nickel ore producer,…