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Glencore backed and ready to hit production status: Pacific Nickel Mines
Pacific Nickel Mines (ASX: PNM) has submitted a notice for the final US$19 million of a US$22 million loan from mining giant Glencore to help develop its Kolosori Nickel Project in the Solomon Islands. |
PolyMet Mining in Definitive Deal for Glencore to Buy Full Control
Glencore has struck a deal to buy the outstanding shares of PolyMet Mining, gaining full control of a mine development company that holds a 50% stake in a copper and nickel joint venture with Teck Resources. |
Nordic Nickel flags string of ‘encouraging’ exploration results from Pulju Project, Finland
Nickel sulphide explorer Nordic Nickel (ASX:NNL) has defined further wide zones of nickel sulphide mineralisation at the Hotinvaara prospect within its flagship Pulju Nickel Project in northern Finland. |
Indonesia probes possible illegal nickel ore exports to China
Indonesian officials are investigating whether there have been illegal nickel ore shipments to China, more than three years after Jakarta banned exports of the commodity, its mining minister said on 7 July. |
How China Came to Dominate the World’s Largest Nickel Source for Electric Cars
Chinese firms mastered a process that unlocked Indonesia’s ore for use in making EV batteries.Across the Indonesian archipelago, new industrial plants are going up to process chunks of nickel ore for use in electric-car batteries. Five years ago, there were n... |
Toro Energy digs horns deeper into Dusty Nickel Project in WA
Toro Energy digs horns deeper into Dusty Nickel Project in WA |
Glencore offers to buy rest of PolyMet for $71m
Mining and commodities giant Glencore (LON: GLEN) has offered PolyMet Mining (NYSE: PLM) (TSX: POM) to buy the company’s shares it does not already own for $2.11 in cash each, or about $71 million. |
The IMF will discuss nickel export ban with Indonesia and urge to reconsider cost and benefit analysis
Luhut Binsar Pandjaitan, Coordinating Minister of Maritime and Investment, is set to hold discussions with the International Monetary Fund (IMF) regarding the IMF’s request for Indonesia to reconsider its ban on nickel exports. |
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