Indian bread and biscuits maker Britannia Industries Ltd on Friday reported a bigger-than-expected 47% jump in quarterly profit as strong demand and past price hikes helped expand margins.

Speaking on Tuesday, May 2, at Fastmarkets’ Asian Battery Raw Materials Conference in Singapore, deputy of investment and mining coordination Septian Hario Seto said the Indonesian government was “not going to be issuing any new permits for NPI smelters in I...

The nickel market is facing a massive supply glut this year as surging Indonesian production continues to outpace global demand.

Critical metals explorer Leeuwin Metals (ASX:LM1) has proposed a maiden diamond drilling program to begin this quarter within the W56 target area at the William Lake Nickel Project in Manitoba, Canada.

Mining exploration company Wyloo Metals has extended the offer period for its on-market takeover bid for all of nickel producer Mincor Resources' shares.

"We expect more cooperation with China in the years to come to facilitate its accelerated energy transition, continued economic development and improvement in living standards."

All these factors will support a surge in steel consumption in the third and fourth quarters of this year, the VSA added.

Philippine nickel ore producer Global Ferronickel's (FNI) subsidiary Platinum Group Metals (PGMC) has shipped to China its first batch of nickel ore for this year's mining season.