Indonesia has approved a 2025 nickel mining quota of 298.5 million wet metric tons, up from 271.89 million tons in 2024, according to the country’s nickel miners’ association (APNI). This announcement contradicts earlier reports of a potential production cut, with APNI Secretary General Meidy Katrin Lengkey confirming the figure during a parliamentary hearing. Earlier in...
READ MOREChina’s CMOC Group, the world’s largest cobalt miner, plans to sustain high production levels in 2025 following a record-breaking year in 2024. The company, which operates major mining projects in the Democratic Republic of Congo, has set a target to produce between 100,000 and 120,000 tons of cobalt this year. This comes after it achieved...
READ MOREThe global cobalt market in 2025 is expected to remain shaped by oversupply and evolving battery technologies. Prices, subdued since 2023 by excess supply, are projected to stay stable with minimal volatility. However, shifts in trade dynamics, technological advancements, and geopolitical factors continue to influence the market. Global cobalt demand is forecasted to grow substantially...
READ MORECentury Aluminum has entered Phase One of a four-phase agreement under the U.S. Department of Energy’s (DOE) grant initiative, first extended in March 2024. The project aims to strengthen domestic aluminum manufacturing capacity, reduce reliance on imports, and secure critical supply chains vital to national security and economic growth. In March 2024, Century was chosen...
READ MOREInvestors in gold and silver may need patience in 2025 as the geopolitical landscape continues to drive market uncertainty. Saxo Bank, in a January 10 note, highlighted the challenges ahead, citing a “tug-of-war” between rising yields, delayed rate cut expectations, and dollar fluctuations, which are expected to contribute to increased volatility compared to 2024. Gold...
READ MORESaudi Arabia has announced plans to commence lithium mining by 2027, a move aimed at supporting its Vision 2030 initiative for economic diversification. The shift comes amid growing global demand for lithium, driven by the rise of electric vehicles (EVs) and the transition to clean energy. With the support of Aramco and Ma’aden, the kingdom...
READ MOREUK-based clean technology group Altilium has announced a partnership with LevertonHELM, the UK subsidiary of German chemical firm HELM, to establish a sustainable domestic lithium supply chain in the UK. The collaboration aims to reduce reliance on imported raw materials by integrating Altilium’s battery material recovery expertise with LevertonHELM’s lithium production capabilities. As part of...
READ MOREForge Battery, a subsidiary of Forge Nano, has finalized a $100 million funding agreement with the U.S. Department of Energy (DOE) to expand its lithium-ion battery production capacity in North Carolina. The funding, part of the Bipartisan Infrastructure Law (BIL), was secured through the DOE’s Office of Manufacturing and Energy Supply Chains (MESC) on January...
READ MOREA groundbreaking aluminium waste recycling pilot facility is set to begin operations next to Rio Tinto’s aluminium smelter in Bell Bay, Tasmania. Driven by ABx Group, a subsidiary of Alcore Limited, the project utilizes a proprietary process to recover and reuse chemicals from the aluminium manufacturing process, reducing costs and reliance on imports. One key...
READ MOREChile’s copper production is projected to increase to 5.54 million metric tons (mt) by 2034, marking a 5.6% rise compared to 2023 levels, according to a report released by the Chilean Copper Commission (Cochilco) on January 15. The forecast underscores Chile’s continued dominance as the world’s largest copper producer. Cochilco estimates that Chile’s share of...
READ MORECobalt remains a critical mineral, integral to industries including defense, aerospace, energy storage, consumer electronics, and electric vehicles (EVs). As demand for these applications grows, the global cobalt market faces a complex mix of opportunities and challenges heading toward 2030. Global Production Trends Cobalt is primarily mined as a by-product of copper and nickel. Global...
READ MOREChina’s imports of unwrought copper and copper products surged to a 13-month high in December, reaching 559,000 metric tons, a 17.8% increase compared to the same period last year, according to customs data released on Monday. This marks a 5.87% rise from November, attributed partly to sellers meeting remaining obligations under annual contracts. For the...
READ MOREACE Green Recycling, a US-based company, has signed a lease agreement to establish India’s largest battery recycling plant in Mundra, Gujarat. The new facility will expand on ACE’s existing Indian operations and is part of its strategic growth plans ahead of a proposed IPO through a merger with Athena Technology Acquisition Corp. II, a special-purpose...
READ MOREThe Singapore-based Abaxx Commodities Exchange is set to introduce the first physically deliverable lithium carbonate futures contract outside China, company executives announced. The move follows the recent launch of its nickel sulphate futures, marking another milestone in its battery metals product lineup. The new lithium carbonate contract addresses a gap in the market, as current...
READ MOREChina is evaluating new export restrictions on technologies essential to lithium-ion battery production, a move that could have significant implications for the global electric vehicle (EV) and clean energy industries. According to a report from Caixin, the Ministry of Commerce has proposed adding battery cathode production technologies, as well as methods for extracting and processing...
READ MOREAnglo American Platinum (ANGPY) has emerged as a standout player in the global platinum-group metals (PGM) mining industry. Despite market volatility and a downturn in PGM prices, the company has consistently maintained profitability, distinguishing itself from competitors. ANGPY holds the largest PGM mineral resources worldwide, operates cost-efficient facilities, and has demonstrated prudent management in navigating...
READ MOREChina Gold International Resources Corp. Ltd. has released its 2025 production guidance and confirmed that operations at the Jiama Copper-Gold Polymetallic Mine remain unaffected following the January 7 earthquake in Tibet Autonomous Region. The company forecasts copper production at the Jiama Mine to range between 139 million pounds (63,000 tonnes) and 148 million pounds (67,000...
READ MORETreatment and refining charges (TC/RCs) for copper concentrate are expected to remain low throughout 2025 due to a tightening global supply, according to a new report by Fastmarkets. Analyst Andrew Cole forecasts the annual average spot TC at $10.7 per tonne for 2025, with monthly averages potentially reaching $20 per tonne by the end of...
READ MOREChinese production of lithium-iron-phosphate (LFP) batteries is expected to set market prices in the United States over the next two years, according to Clean Energy Associates (CEA). The consultancy’s Q4 2024 battery energy storage system price forecasting report highlights the impact of heavily tariffed imports and limited production capacity outside China. Batteries imported from China...
READ MOREThe nickel market is expected to remain oversupplied in 2025, with a projected surplus of 156,000 metric tons as production in Indonesia and China continues to expand. According to Jason Sappor, senior analyst at S&P Global Commodity Insights, the surplus is driven by increased output and slowing demand from the stainless steel and battery materials...
READ MOREThe lithium market is at the heart of the global energy transition, driven by soaring demand for electric vehicles (EVs). However, meeting this demand is fraught with challenges, including a looming supply deficit and substantial investment needs. Here, we explore lithium’s supply, demand, and price dynamics, and the critical investments required to address the “great...
READ MORESaudi Arabia’s state oil giant Aramco and the country’s mining company Ma’aden have signed a non-binding term sheet to explore a joint venture focused on minerals exploration and mining. Announced during the Future Minerals Forum in Riyadh, the venture would prioritize energy transition minerals, particularly lithium, and advance cost-effective direct lithium extraction (DLE) technologies. Commercial...
READ MORERusal has achieved a breakthrough in primary aluminium production by significantly reducing vanadium and other heavy metal content using revolutionary inert anode technology. This advancement enhances the electrical conductivity of aluminium, opening new opportunities for its application in the power industry. The inert anode technology, a key development in aluminium smelting, allows for the production...
READ MOREEmirates Global Aluminium (EGA), the UAE’s largest industrial company outside of oil and gas and a leading producer of premium aluminium, has announced the completion of civil works for the expansion of its US recycling subsidiary, Spectro Alloys. The project involves a 90,000-square-foot addition to Spectro’s facility, allowing the production of billet from post-consumer aluminium...
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