Significant cuts to Indonesia’s nickel mine production could remove over a third of global supply, creating substantial upside pressure on nickel prices, according to Macquarie Group Ltd. Reports suggest the Indonesian government is considering slashing nickel mine quotas from 272 million tons in 2024 to as low as 150 million tons this year. Such a...
READ MOREBradda Head Lithium is making strides at its San Domingo pegmatite project in Arizona, aiming to define a NI 43-101 compliant resource in 2024 and move toward production by late 2025 or early 2026, according to executive chairman Ian Stalker. The company has identified new targets within the project area, including Ruby Soho, Dragon, and...
READ MOREChina has imposed a ban on exporting gallium and germanium to the United States, escalating trade tensions between the two nations. These minerals are critical for industries ranging from renewable energy to military technology and electronics, and the ban could have far-reaching implications. Gallium and germanium are essential components in technologies such as computer chips,...
READ MOREChina’s Ganfeng Lithium has officially commenced operations at its Goulamina lithium mine in Mali, overcoming security concerns, a stringent new mining code, and a global lithium supply glut. Located in the southern Bougouni region, the mine’s first phase began production in mid-December 2024, with an annual capacity of 506,000 tonnes of lithium. The second phase...
READ MOREChile’s state-owned copper producer Codelco has applied for an environmental permit to extend the life of its Gabriela Mistral mine by more than 25 years. The proposed $800 million project would push the current closure date from 2028 to at least 2055, ensuring continued production at the Antofagasta region mine, which has been operational since...
READ MORENornickel, the world’s leading palladium producer, is aiming to counter declining demand from internal combustion engine vehicles by developing innovative applications for the metal. The company expects annual palladium demand in China to increase by 5-10 tonnes (7.6-15% of current consumption) from 2026-2027 through these efforts. Currently, over 80% of global palladium use comes from...
READ MORE
