Nickel prices on the London Metal Exchange have reached their highest point since September 2014 off the back of battery demand predictions in 2021.
Global nickel demand is expected to rise by 2.6 million tonnes in 2040, with Australia’s greenfield and brownfield projects to play a significant role in future demand, according to a Roskill report.
Chalice Mining has defined four additional high-grade zones at the Julimar project in Western Australia.
Mincor Resources has completed the first blasts at the Cassini nickel project and Northern Operations in Western Australia after mining contractor Pit N Portal mobilised at both sites.
Panoramic Resources has inched closer to divesting the Panton project in Western Australia after Great Northern Palladium agreed to acquire the platinum group metals operation.
Western Areas has progressed construction at the Odysseus nickel mine in Western Australia and expects to mine the first tonnes from the site in the 2021 September quarter.
Chalice Gold Mines has raised $100 million to prop up its development activities at the Julimar nickel-copper-PGE (platinum group elements) project in Western Australia.
IGO is building on its purpose of “making a difference” as a business as it continues its strategic focus on copper and nickel as metals critical for enabling clean energy.
Glencore is aiming to supply the electric vehicle industry with ethical nickel and cobalt, demonstrating the mining industry’s commitment to having a positive social impact.
Galileo Mining has announced promising assay results following recent diamond drilling at the company’s Lantern prospect in the Fraser Range nickel belt of Western Australia.
BHP is positioning its Nickel West operations, including this year’s Honeymoon Well acquisition, to benefit from the evolving electric vehicle and battery storage revolution.
The Western Australian resources sector has achieved record increases in sales and jobs during the 2019-20 financial year despite the impacts of the COVID-19 pandemic.
Mincor Resources has given the Kambalda nickel project in Western Australia the nod to proceed development, breaking a four-year hiatus at the operations.
Diamond drilling of priority targets at Galileo Mining’s Lantern prospect in Western Australia’s Fraser Range nickel belt has intersected significant nickel-copper sulphide mineralisation and demonstrated the exceptional potential of the area.
Mincor Resources has intersected massive and matrix nickel sulphides at the Cassini North prospect in Western Australia.
IGO has signed an agreement with Boadicea Resources to secure ground positions along the nickel-copper rich Fraser Range province in Western Australia.
South32 is prepared for an extended wave of market volatility and lower commodity prices following a financial year of strong performance.
Drilling is underway at Galileo Mining’s Fraser Range nickel belt tenements, which are highly prospective for nickel-copper sulphide deposits similar to the operating Nova mine.
New Century Resources is optimistic about becoming a supplier of nickel and cobalt for electronic vehicles if it successfully acquires the Goro mine in New Caledonia from Vale.
Tesla chief executive Elon Musk is pushing miners to produce more nickel as an ingredient of lithium-ion batteries used in its electronic vehicles (EVs) with the incentive of a “giant” contract.