Indonesian officials are investigating whether there have been illegal nickel ore shipments to China, more than three years after Jakarta banned exports of the commodity, its mining minister said on 7 July.

Chinese firms mastered a process that unlocked Indonesia’s ore for use in making EV batteries.Across the Indonesian archipelago, new industrial plants are going up to process chunks of nickel ore for use in electric-car batteries. Five years ago, there were n...

Toro Energy digs horns deeper into Dusty Nickel Project in WA

Mining and commodities giant Glencore (LON: GLEN) has offered PolyMet Mining (NYSE: PLM) (TSX: POM) to buy the company’s shares it does not already own for $2.11 in cash each, or about $71 million.

Nickel supply surplus over the next two years will keep nickel prices lower, according to the Australian government’s latest Resources and Energy quarterly report. The LME nickel price, which is forecast to average about USD23,000/mt in 2023, respectively USD...

Luhut Binsar Pandjaitan, Coordinating Minister of Maritime and Investment, is set to hold discussions with the International Monetary Fund (IMF) regarding the IMF’s request for Indonesia to reconsider its ban on nickel exports.

The Executive Board of the International Monetary Fund (IMF) asked the Indonesian government to lift the gradual ban on nickel exports. This was revealed in a release published on the IMF website on 25 June 2023.

Widgie Nickel’s Munda deposit has reported high grade nickel results through its recent drilling program.