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Nickel News

Pallinghurst now has all key battery, hydrogen fuel cell elements  

By: Martin Creamer     3rd November 2021 The Pallinghurst Group now has within its fold all the key elements needed for lithium-ion batteries, fuel-cells and green hydrogen economy. Pallinghurst’s latest transaction with Talon Metals brings in nickel, copper and cobalt, which augment the already-in-the-bag graphite, battery-grade... 

Long Harbour nickel two-thirds less CO2 intensive than industry average

By: Reuters     2nd November 2021 Vale's high-quality nickel produced at its Long Harbour operation in Canada emitted about one third of the CO2 of the industry average, the Brazilian miner said in a release on Monday. Nickel is a crucial ingredient for the lithium-ion rechargeable batteries used to power electric vehicles,... 

Anglo to transition to green hydrogen mine fleet over decade – Cutifani 

By: Martin Creamer     2nd November 2021 Diversified mining company Anglo American, which is piloting the world’s biggest green hydrogen-powered haulage vehicle, is planning to replace its global truck fleet of 400 diesel trucks with hydrogen trucks over a ten-year period from about 2024. Introducing hydrogen mobility on its mines will... 

Creamer Media screenshot
Anglo American’s hydrogen truck with hydrogen production and refuelling system shown top right.

Anglo can uplift livelihoods of many thousands, sustainability attendees hear

By: Martin Creamer     2nd November 2021 Diversified mining company Anglo American can uplift the livelihoods of many thousands of people living around its communities in South Africa and support many jobs through its sustainability projects, attendees of Anglo’s second 2021 sustainability update were told. The London- and... 

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Photo by Creamer Media
Anglo American responsible business partnerships head Jon Samuel

Anglo to use underground mine water to generate electricity   

By: Martin Creamer     2nd November 2021 Diversified mining company Anglo American is planning to use water in its underground mines as batteries. The water will be pumped up when operations have excess renewable power and allowed to run back down when electricity is needed. 

Creamer Media screenshot
Photo by Creamer Media
From top left clockwise are Mark Cutifani, Jon Samuel, Stephen Pearce and Zahira Quatrocchi.

Blackstone sets sights on A$60m raise

By: Esmarie Iannucci     1st November 2021 ASX-listed Blackstone Minerals will raise A$60-million in a share placement and share purchase plan (SPP) to fund work in Vietnam. The company on Monday announced that it had received firm commitments for the placement of more than 94.8-million ordinary shares, at a price of 58c each, to raise... 

IGO reports a strong start to 2022

By: Esmarie Iannucci     1st November 2021 ASX-listed Independence Group (IGO) has reported a sold start to the 2022 financial year, following the divestment of its stake in the Tropicana gold project, in Western Australia, and the completion of its transaction with Tianqi Lithium Corporation over its Australian lithium assets. “We are... 

Image shows a dump truck in front of a nickel run-of-mine ore stockpile

Anglo American sets ambition to halve Scope 3 emissions by 2040 

By: Martin Creamer     29th October 2021 Diversified mining company Anglo American on Friday published its Climate Change Report 2021, ahead of its six-monthly sustainability performance update. The update includes Anglo’s progress towards its target of carbon neutral operations (Scopes 1 & 2) by 2040 and its ambition to reduce its... 

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Photo by Creamer Media
Anglo American CE Mark Cutifani

Glencore reports major ferrochrome production recovery 

By: Martin Creamer     29th October 2021 Diversified mining and marketing company Glencore expects its full-year 2021 adjusted earnings before interest and tax to exceed the top end of its forecast $2.2-billion to $3.2 billion a year long-term guidance range. A production highlight included 65%-higher attributable ferrochrome production... 

Supplied picture
Glencore CEO Gary Nagle

BHP urges Noront shareholders to take up offer

By: Creamer Media Reporter      28th October 2021 Diversified major BHP has urged shareholders of Canadian junior Noront Resources to take up its offer, stating that it is the only one currently on the table and that there is no guarantee that another offer will materialise. The previous proposal of Wyloo Metals of C$0.70 a share fell away when... 

An image of a mining site camp

Lundin has another record free cash flow quarter

By: Creamer Media Reporter      28th October 2021 Favourable base metals prices have seen Lundin Mining reporting its second consecutive quarterly free cash flow record, with generation of $407-million – a substantial increase from $194.5-million a year-earlier. The Canadian base metals company increased its revenue by a quarter to... 

Miners to benefit from Australia's net zero plan - Minister

By: Esmarie Iannucci     28th October 2021 The federal government said on Thursday that the Long-Term Emissions Reduction Plan, introduced earlier this week, would strengthen Australia’s agriculture, mining and manufacturing sectors, while reducing emissions to net zero by 2050. “Our plan has been designed for Australia. By investing in... 

Image shows smoke stacks in front of a setting sun

Covid delays Kambalda restart - Mincor

By: Esmarie Iannucci     28th October 2021 First nickel concentrate from the Kambalda operation, in Western Australia, will be delivered to diversified miner BHP’s Nickel West during the second quarter of 2022, ASX-listed Mincor Resources said. Mincor on Thursday said that it had issued Nickel West with a start notice, signifying the... 

Low grades hit Western Areas output

By: Esmarie Iannucci     28th October 2021 Nickel miner Western Areas has seen a slight decline in production for the quarter ended September. Nickel mined in the three months under review reached 3 741 t, compared with the 4 911 t reported in the June quarter, with nickel sales declining from 4 147 t to 3 962 t. 

Sibanye-Stillwater well positioned as climate resilient business – Froneman 

By: Martin Creamer     27th October 2021 Precious and green metals company Sibanye-Stillwater is well positioned as a climate-change resilient business in the future green economy, says CEO Neal Froneman, who emphasises environmental social governance (ESG) as being core to the company’s strategy as it achieves its objective of building... 

Creamer Media screenshot taken during online webinar October 2021
Photo by Creamer Media
Sibanye-Stillwater CEO Neal Froneman

Sibanye-Stillwater pushes ‘green’ metals strategy with $1bn nickel/copper buy 

By: Mariaan Webb     26th October 2021 Precious metals major Sibanye-Stillwater on Tuesday announced its fourth transaction in the battery metals sector, with the $1-billion acquisition of the Santa Rita nickel mine and the Serrote copper mine, in Brazil, from private-equity fund Appian Capital Advisory. Santa Rita is a big... 

An image of a copper mine plant
The plant at the Serrote copper mine.

Sibanye-Stillwater in talks to buy Brazil nickel and copper assets 

By: Mariaan Webb     25th October 2021 Precious metals miner Sibanye-Stillwater is in talks to buy nickel and copper assets in Brazil, as it looks to step up supplies of raw materials that are key to the transition to low-carbon energy sources. The South Africa-based miner on Monday confirmed that it was in negotiations with... 

An image of the Santa Rita openpit
The Santa Rita operation, in Brazil

Metals rebound as world's energy crisis keeps roiling the market

By: Bloomberg     22nd October 2021 Base metals were mostly higher, paring a weekly slump, as the global energy crisis kept roiling the energy-intensive sector. The global energy shortage, fueled by record coal and gas costs, has forced metal output cuts from China to Europe, depleting inventories. Freeport-McMoRan, the world’s... 

Metals rebound as world's energy crisis keeps roiling the market

Russia to test air quality monitoring on Nornickel with view to going nationwide

By: Reuters     21st October 2021 Russia will start testing a potentially nationwide real-time system to monitor air quality at metals giant Nornickel's base in the industrial Arctic city of Norilsk next year, the company and a government official said on Thursday. Nornickel, the world's leading nickel and palladium producer,... 

An image of Russia's Arctic city of Norilsk

BHP studies the potential for using nickel mine waste to capture carbon

By: Reuters     21st October 2021 BHP Group is looking at the potential to use the waste from its Australian nickel mining operations to capture and store carbon and will conduct field trials this financial year. It is also harnessing new technologies to look deeper underground for minerals critical to the energy transition like... 

An image of Laura Tyler
BHP chief technical officer Laura Tyler

No zero carbon without green hydrogen, US pledging $1/kg coal-parity price 

By: Martin Creamer     21st October 2021 The world will be unable to meet its zero-carbon targets without the introduction of green hydrogen solutions, says Plug Power chief strategy officer Sanjay Shrestha, at a time when the US has launched a programme to cut the cost of clean hydrogen by 80%. Nasdaq-listed Plug Power, a pure play... 

Creamer Media Screenshot
Photo by Creamer Media
Plug Power chief strategy officer Sanjay Shrestha

Diamonds, iron-ore drive 2% rise in Anglo American's third-quarter output  

By: Simone Liedtke     21st October 2021 Diversified miner Anglo American achieved a 2% increase in production for the third quarter, ended September 30, which CEO Mark Cutifani largely attributed to planned higher rough diamond production at its De Beers subsidiary, as well as increased production from the Minas-Rio iron-ore project,... 

A photo of Mark Cutifani, CEO of Anglo American
Photo by Bloomberg
Anglo American CEO Mark Cutifani

US plan would block Antofagasta Minnesota copper mine

By: Reuters     21st October 2021 The US Forest Service on Wednesday proposed a 20-year ban on mining in Minnesota's Boundary Waters region, a step that would block Antofagasta's Twin Metals copper and nickel mine project. The announcement reversed a decision by former President Donald Trump and set off a review of how mining... 

An image of a nature landscape

Vale to slow down iron-ore production in Q4 due to low prices

By: Reuters     20th October 2021 Brazilian miner Vale said on Tuesday it was slowing down production of low-margin iron-ore in the fourth quarter by about four-million tonnes due to low prices, and could cut back output in 2022 if prices did not rise. Vale said in a securities filing that iron ore output for the year is now... 

Savannah produces first concentrate

By: Esmarie Iannucci     20th October 2021 ASX-listed Panoramic Resources has produced the first nickel/copper/cobalt concentrate from its Savannah processing plant, in Western Australia, some three weeks ahead of schedule. “It’s fantastic to see the careful planning and hard work undertaken over the past 12 months culminate in the... 

BHP ups the ante in Noront battle

By: Esmarie Iannucci     20th October 2021 Diversified major BHP has increased its all-cash offer for Canadian nickel developer Noront Resources C$0.75c a share, overtaking fellow suitor Wyloo Metals’ C$0.70 a share cash offer. Australian company Wyloo Metals earlier this week settled the terms of a C$0.70 a share offer for Noront, with... 

An image of an aeroplane on an ice runway in remote northern Ontario

Policy-not-law charter judgment going long way towards providing certainty – NSDV 

By: Martin Creamer     19th October 2021 The court judgement that the mining charter is policy and not law goes a long way towards providing regulatory certainty, says NSDV mining law senior associate Muhammed Khan ­– but it is not the end of the road, he cautions in a 1 500-word analysis entitled The Great Mining Charter Debate. Khan... 

Picutre supplied by NupenStaudeDeVries
NSDV mining law senior associate Muhammed Khan.

Vale halts operations at nickel mine after court order

By: Reuters     18th October 2021 Brazilian miner Vale said on Monday that it has once again halted operations at its Onca Puma nickel mine after the state of Para obtained a judicial order to reinstate the suspension of the venture's operating license. Operations at Onca Puma were first halted in early October due to alleged... 

Incentive needed for smaller end of stock exchange to survive – Miller  

By: Martin Creamer     18th October 2021 An incentive is needed for the listing of companies on the smaller end of the stock exchange, which is facing an existential crisis, said AmaranthCX director and owner Paul Miller on Monday. Reacting to the groundswell of headlines about delistings and lack of listings on the Johannesburg Stock... 

Creamer Media screenshot of Paul Milller during October 2021 Zoom interview.
AmaranthCX director and owner Paul Miller interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Pallinghurst to acquire 19.2% of Talon Metals

By: Donna Slater     18th October 2021 The Pallinghurst Group, through Pallinghurst Nickel International, on October 18 agreed to acquire 133.61-million common shares of Talon Metals Corporation at a purchase price of $0.60 apiece and an aggregate value of $80.16-million. The acquisition follows a binding private agreement with... 

South Africa needs to ramp up critical minerals exploration as world decarbonises - study 

By: Terence Creamer     13th October 2021 The South African mining sector can remain internationally competitive and support socioeconomic development only if it drives decarbonisation and adapts to the global shift in commodity demand towards minerals used in green sectors such as renewable electricity and electric vehicles (EVs), a new... 

A photo of an iron-ore stockpile

Europe's carmakers face raw material bottleneck for EV batteries

By: Reuters     13th October 2021 Major carmakers like Volkswagen, Daimler and Stellantis have been racing to secure battery cell supplies in Europe, but may face a bigger challenge as they seek to go electric - finding enough battery raw materials. Failure to obtain adequate supplies of lithium, nickel, manganese or cobalt... 

New Caledonia's Prony to supply nickel to Tesla in multi-year deal

By: Reuters     13th October 2021 Prony Resources said on Wednesday Tesla had agreed to purchase around 42 000 t of nickel in a multi-year deal - a pact that is set to make the New Caledonian miner a key supplier of the metal to the US electric car maker. Prony, which bought the loss-making nickel operations in the French... 

An image of Prony's New Caledonian nickel operations
Prony's New Caledonian nickel operations

Miners disclose CO2 emissions on LME's sustainability register

By: Reuters     13th October 2021 Nine metal producers including Antofagasta and Teck Resources have disclosed the carbon emissions from their metal producing operations on the London Metal Exchange's newly launched digital register. The register known as LMEpassport is aimed at users of the exchange wanting to support the... 

Poseidon weighs battery feed

By: Esmarie Iannucci     13th October 2021 Nickel developer Poseidon Nickel has signed a memorandum of understanding (MoU) with battery materials refinery Pure Battery Technologies (PBT) to study the merits of Poseidon supplying nickel concentrate to PBT’s precursor cathode active material (pCAM) refinery, in Western Australia. The... 

Solutions for recycling EV batteries needed now to ensure future sustainability

By: Donna Slater     11th October 2021 With the energy transition from fossil fuels to renewable and less carbon-intensive energy solutions globally, as well as moves to expand electric and hybrid vehicle use, comes the issue of discarded batteries and electrical components in the future as electrical and battery systems reach the end... 

Nornickel slashes forecast for palladium market deficit

By: Reuters     11th October 2021 Russia's Nornickel, the world's largest producer of palladium, has cut its deficit estimate for the global palladium market this year and next year due to the flagging recovery of the auto sector, a senior executive told Reuters. Global demand for palladium has weakened because automakers, which... 

The hottest party in the metals world is back, but much smaller

By: Bloomberg     11th October 2021 Near-record copper prices are usually a sure sign that the parties will be extravagant and the champagne will flow all night when the metals world descends on London. But with Covid-19 still raging across much of the globe, the famously rowdy annual gathering of traders, financiers and producers... 

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