Category Archives: News

Vale Indonesia struggles to find Nickel smelter partners after rule change: CEO

JAKARTA (Reuters) – Nickel producer Vale Indonesia said Indonesia’s recent policy shift to allow ore exports is helping keep global prices of the metal low, and complicating efforts to establish partnerships for new smelter investments. Nickel miners globally have been grappling with persistent weakness in the market, partly the result of moves by Indonesia and the Philippines to pull back on restrictions targeting their mining sectors. A resumption of Indonesian nickel ore exports in … Continue reading

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Nickel West – Energising Our Future

Nickel-rich chemistries are popular due to higher energy density and lower costs. A higher Cobalt price should incentivize rapid adoption of more nickel-heavy technologies. Nickel Sulphate production from the dissolution of refined nickel powder (350kt) is more attractive. Ref: http://nanthavictor.com Read more from original source: http://www.bhp.com/-/media/documents/media/reports-and-presentations/2017/170809_energisingourfuture.pdf

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Germany to Take on Tesla With Gigafactory Rival

Terra E has lined up 17 partners for billion-euro project Construction on 34 gigawatt-hour factory to start in 2019 German executives are preparing to announce a new home for a lithium-ion battery plant designed to rival the output at Tesla Inc.’s Gigafactory. Terra E Holding GmbH will choose one of five candidate sites in Germany or a neighboring country next month to build its 34 gigawatt-hour battery factory, Frankfurt-based Chief Executive Officer Holger Gritzka … Continue reading

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Electric-Car Revolution Shakes Up the Biggest Metals Markets

Producers of copper, cobalt, aluminum to benefit from changes Steel, lead, platinum companies may need to adapt operations The revolution in electric vehicles set to upturn industries from energy to infrastructure is also creating winners and losers within the world’s biggest metals markets. While some of the largest diversified miners like Glencore Plc argue fossil fuels such as coal and oil still play a crucial role supplying energy needs, they’ll also benefit the most … Continue reading

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Asian Battery makers eye Nickel top-up as Cobalt price bites

SEOUL (Reuters) – Soaring cobalt prices are prompting Asia’s top battery makers to tweak the recipe for lithium-ion batteries used to power electric cars and mobile phones – reducing the amount of cobalt and adding more nickel. With forecasts for electric vehicle (EV) battery demand to jump 20-fold over the decade to 2025, manufacturers are looking to cut back on more expensive components. Cobalt has more than doubled in price over the past year … Continue reading

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Copper in, nickel out — Vale

RIO DE JANEIRO — Brazilian miner Vale SA (VALE5.SA) said on Thursday it would seek out fresh copper mining options and stop expanding nickel production capacity after second-quarter net income plunged on forex losses, rising costs and weaker iron ore prices. Net income tumbled 99 per cent to $16 million from $1.1 billion a year earlier, far below an average estimate of $421 million. The world’s largest iron ore miner kept making slow progress … Continue reading

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Trump Finds Reason for the US to Remain in Afghanistan: Minerals

WASHINGTON — President Trump, searching for a reason to keep the United States in Afghanistan after 16 years of war, has latched on to a prospect that tantalized previous administrations: Afghanistan’s vast mineral wealth, which his advisers and Afghan officials have told him could be profitably extracted by Western companies. Mr. Trump has discussed the country’s mineral deposits with President Ashraf Ghani, who promoted mining as an economic opportunity in one of their first … Continue reading

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Indonesian: 11 smelters closed after relaxation of concentrate exports

The Indonesian Resources Studies (IRESS) has revealed that 11 smelters were closed following the relaxation of concentrate exports by the government as miners prefer to directly export their products. “There are people who have suffered from the export relaxation, and because of the policy, the market is flooded by the commodity, making the prices go down,” IRESS executive director Marwan Batubara said Thursday as reported by tempo.co. The 11 smelters were respectively owned by … Continue reading

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Fast-charging stations for electric vehicles coming to Trans-Canada Highway

Three companies are teaming up with the federal government to install 34 electric vehicle fast-charging stations along the Trans-Canada Highway in an attempt to encourage the adoption of zero-emission vehicles. The $17.3-million charging network, which will be installed in Ontario and Manitoba, will allow drivers to charge their zero-emission cars in about 20 minutes through stations powered by a lithium-ion battery storage system, one its developers say won’t stress the utility grid. The project … Continue reading

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Cleaning up CO2 emissions could be worth millions

(Phys.org)—When most people hear the term “CO2 emissions,” they probably think of several negative things: greenhouse gas, pollutant, climate change, political discord, economic burden. But a team of researchers led by Stuart Licht, a chemistry professor at George Washington University, has a vision for transforming CO2 emissions from a pollutant into a valuable resource—all while making a potentially large net profit. In a new study published in Materials Today Energy, the researchers have shown … Continue reading

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