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NICKEL: Tesla to become adviser on nickel project in bid to secure key metal

  • Date: 05-03-21
  • Category: NICKEL
  • Source: Financial Times

Tesla has agreed to buy nickel from a mine in New Caledonia in a move to secure its supply of the battery metal, which its chief executive Elon Musk has called the group’s “biggest concern.” The electric-car maker will become a technical adviser at the Goro mine on the Pacific island and also get long-term supplies of nickel from the project as part of an agreement with the New Caledonian government, according to a person directly familiar with the matter.

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NICKEL: Nickel pig iron producers eye up electric vehicle battery market

  • Date: 12-02-21
  • Category: NICKEL
  • Source: Mining.com

Producers of nickel pig iron (NPI) in Indonesia are looking at converting their material into an intermediate product that can be turned into nickel chemicals for the lucrative electric vehicle market.

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NICKEL: Sumitomo to book additional 30bn yen impairment on Madagascar nickel project

  • Date: 26-01-21
  • Category: NICKEL
  • Source: Mining.com

Sumitomo Corp said on Monday it will book an additional impairment loss of about 30 billion yen ($289 million) on its Ambatovy nickel project in Madagascar for the October-December quarter to reflect the revised output plan.

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NICKEL: Kabanga, Tanzania to develop world’s largest nickel deposit

  • Date: 20-01-21
  • Category: NICKEL
  • Source: Mining.com

British miner Kabanga Nickel, formerly known as LZ Nickel, has inked a framework agreement with the government of Tanzania to develop the world’s largest battery-grade nickel sulphide deposit in the country’s northwest.

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NICKEL: Nickel prices rise on New Caledonian, Philippine supply worries

  • Date: 13-01-21
  • Category: NICKEL
  • Source: Reuters

HANOI, Jan 13 (Reuters) - Nickel prices gained on Wednesday, with Shanghai nickel climbing more than 3%, on worries about supply disruptions in top ore producers New Caledonia and the Philippines.

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NICKEL: Canada Nickel mulls using Glencore’s processing facility

  • Date: 11-01-21
  • Category: NICKEL
  • Source: Mining.com

Canada Nickel Company (TSX-V: CNC) has inked a deal with Glencore (LON: GLEN) to explore the potential use of the miner and commodities trader’s Kidd concentrator and metallurgical site in Timmins, Ontario.

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NICKEL: Eramet's New Caledonia nickel smelter low on ore after protests

  • Date: 14-12-20
  • Category: NICKEL
  • Source: Reuters

The nickel smelter of Eramet SA’s SLN subsidiary in New Caledonia is running low on ore due to widespread protests over the sale of another nickel operation in the French Pacific territory, Eramet said on Friday.

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NICKEL: Vale suspends operations at New Caledonia after protests

  • Date: 14-12-20
  • Category: NICKEL
  • Source: Mining.com

Vale said on Thursday that it has halted operations at New Caledonia after pro-independence protests nearby, and that military forces are now guarding the evacuated plant.

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