Ores
Australian tycoon Forrest shuts nickel mines after prices crash
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Wyloo Metals Pty Ltd., the private nickel producer owned by billionaire Andrew Forrest, is shutting down its Western Australian mines due to a sharp slump in prices for the key transition metal. |
Australia's nickel producers reel from supply glut
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A sharp slide in nickel prices over the past year, driven by a jump in Indonesian supply, has hit Australian nickel producers, leading to mine closures, production cuts and writedowns in recent months. |
Australian Vanadium cuts ribbon on advanced vanadium electrolyte facility in Western Australia
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Australian Vanadium Ltd has celebrated the official opening of its vanadium electrolyte manufacturing facility in Wangara, Western Australia. |
Sumitomo participates in FPX Nickel financing to gain 9.9% stake
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Sumitomo Metal Mining Canada is investing about C$14.5 million to gain a 9.9% interest in FPX Nickel (TSXV: FPX). |
BHP flags possible writedowns at nickel unit on low prices
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BHP Group said on Thursday it was reassessing the value of its nickel operations after a price slump, in a move that could lead to writedowns amid an oversupply of the metal used in electric vehicle batteries. |
Rio Tinto: 2023 iron ore shipments below targets
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Rio Tinto, the UK-based mining giant, has reported that its iron ore shipments from Western Australia(WA) in 2023 totaled 331.81 million tonnes |
Samsung SDI invests in Canada Nickel, has right to buy 10% of Crawford projectSamsung SDI invests in Canada Nickel, has right to buy 10% of Crawford project
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South Korean battery manufacturer Samsung SDI has become the latest company to invest in Canada Nickel Company (TSXV: CNC), which is developing the Crawford nickel sulphide project in the Timmins-Cochrane mining camp of Ontario. |
Tharisa reports highest ever quarterly chrome output, increased PGMs production
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Tharisa has reported an 8.7% increase in mill throughput at its South African operations to more than 1.4-million tonnes, with improvements in both grade and recovery for platinum group metals (PGMs) and chrome concentrate for the first quarter of the 2024 fin... |
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