Jindal Stainless has urged the government to remove import duties on ferro-nickel and molybdenum in the upcoming budget to ensure industry access to these key raw materials at competitive prices.

Indonesia launched on Monday an online system to track movements of nickel and tin from mines to domestic processing facilities to improve accountability and government revenue, authorities said.

Russia’s biggest miner MMC Norilsk Nickel PJSC is weighing several new projects in copper, nickel and palladium in China as sanctions make cross-border payments and shipments increasingly difficult.

Minerals exploration and development company Western Mines has secured a new funding facility to advance drilling at the Mulga Tank nickel/copper/cobalt/platinum group elements (PGE) project in Western Australia’s Eastern Goldfields.

The Queensland government has granted Queensland Pacific Metals an A$8-million grant to advance its Townsville Energy Chemicals Hub (TECH) project towards investment readiness.

Australia’s IGO Ltd said on Tuesday it would record a non-cash impairment charge against its nickel exploration assets for fiscal 2024, though the move will not impact the company’s operating profit for the year.

Russian metals producer Nornickel will re-launch one of the two furnaces at its flagship Nadezhda Smelter in early August after major repairs that affected production plans, a company spokesman told Reuters on Friday.

BHP on Thursday announced the suspension of production at its Western Australian nickel operations, citing a global oversupply in the nickel market.