The nickel price has jumped to its highest mark since August 2011 as supply struggles to keep up with the demand for the sought-after base metal.
Nickel Mines has brushed aside reports that the Indonesian Government will impose an export tax on nickel products, stating that comments on the issue have been taken out of context.
Element 25 has shipped its second load of manganese concentrate from the Butcherbird project in Western Australia, setting the stage for it to move to larger shipments to capitalise on shipping tariffs.
The bronze age came about when copper was the first metal to be worked by mankind. They discovered that it could be hardened with a little tin to form the alloy bronze, hence the beginning of a new age for man.
Galaxy Resources and Orocobre have completed their merger and will rebrand as Allkem, setting the stage for the creation of one of the world’s largest lithium companies.
Galan Lithium has secured a $50 million placement to progress its lithium projects in Australia and Argentina.
Lake Resources has received a formal expression of interest from UK Export Finance to fund 70 per cent of the Kachi lithium project in Argentina.
Rio Tinto has approved a $US108 million ($146 million) investment to explore the prospect of underground mining at the Kennecott copper operations in the United States.
Battery metal prices have powered ahead in 2021, energised by the Biden Administration’s electric vehicle (EV) spending plans and global drive towards ‘net zero’ emissions. Read more