Kety Outlines Dual Growth Approach, Eyes Acquisitions in Western Europe and U.S.

Nornickel, one of the world’s largest producers of nickel and palladium, maintained stable production in the first quarter of 2025, with only marginal declines in most key metals despite persistent headwinds in the global metals market. The company reported a 1.1% year-on-year decrease in nickel output to 41.6 thousand tonnes, a 0.4% dip in copper…

Turkish billionaire Robert Yuksel Yildirim is embarking on an ambitious $2 billion campaign to acquire nickel mines worldwide, positioning his new venture, CoreX Holding, to benefit from a future rebound in nickel prices and to offer Western buyers an alternative to Chinese-dominated supply chains. Yildirim, who previously built his fortune in chrome and shipping through…

Indonesia has enacted a new royalty framework for metal producers, linking levies to commodity prices in a bid to boost state revenue for key government initiatives. The updated rules were outlined in a regulation document issued on April 11 and take effect 15 days after registration. Under the changes, the previous fixed 10% royalty on…

Canadian miner Platinum Group Metals (PTM) is considering building a converter matte furnace in South Africa to process concentrate from its proposed Waterberg platinum mine, following pressure from the South African government to prioritize local beneficiation. This shift comes after PTM’s initial plan to export concentrate to a Saudi Arabian smelter faced resistance over national…

Jubilee Metals Group has announced a partnership with a South African platinum group metals (PGM) producer to address the growing stockpile of PGM-bearing material at its operations. The agreement, revealed on April 9, 2025, will facilitate the processing of at least 18,000 tons of surplus material per month, with the potential to increase deliveries to…

African Rainbow Minerals (ARM) has announced the removal of Thando Mkatshana as CEO of its struggling platinum division following eight years in the role. The leadership change comes after ARM Platinum reported a headline loss of R689 million ($37 million) for the six months ending December 2024, more than double the loss recorded during the…

Researchers from the Krasnoyarsk Scientific Centre and Siberian Federal University have developed new palladium-carbon nanocomposite materials with enhanced electrochemical properties, according to the Siberian Branch of the Russian Academy of Sciences. The materials, synthesized using plasma chemical techniques, show promise for applications in fuel cells, batteries, and other electrochemical devices due to their improved reaction…

Russia’s Nornickel, the world’s top supplier of palladium, a metal mainly used in car manufacturing, is pushing to expand its industrial applications as demand from automakers decline. In collaboration with the Krasnoyarsk Non-Ferrous Metals Plant, Russian state-owned refinery, and with support from the Chinese Precious Metals Committee, the company introduced palladium-based bushings as an alternative…

Spot rhodium prices have climbed to their highest levels in 20 months, driven by increased buying interest from Anglo American Platinum (Amplats) and tight first-quarter supply from South Africa. Prices have risen 20% this month, breaking above $5,000 per troy ounce before reaching $6,040 on Tuesday—the highest since June 2023—before retreating to $5,640 on Wednesday….