Nickel - Copperbelt Katanga Mining

New nickel price launched

August 27, 2020August 27, 2020 admin

The price of nickel held onto nine-month highs on Tuesday as focus in the industry shifts to supply of the metal for the burgeoning electric vehicle market, and mine production declines hit double digits. On the LME, nickel was exchanging hands for $14,925 a tonne ($6.77 a pound), the highest since mid-November last year and up by more than a third from its March lows. Nickel production nixed The Lisbon-based International Nickel Study Group reports global mined nickel fell 7.7% in June compared to the same month last year, which… Read More Here

Nickel Gold

According To Tesla CEO Elon Musk, This Metal Is The New Gold

August 25, 2020August 25, 2020 admin

In the popular imagination, lithium is the element that powers EVs. However, as Elon Musk has pointed out, the term “lithium-ion batteries” is something of a misnomer, because they don’t really contain that much lithium. “Although called lithium-ion, the actual percentage of lithium in a lithium-ion cell is approximately 2%,” Musk explained at Tesla’s 2016 shareholder meeting. “Technically, our cells should be called nickel-graphite, because the primary constituent in the cell as a whole is nickel.” Nickel is arguably the single most important metal component in EV batteries. More recently, Musk reiterated the… Read More Here

Nickel

Elon Musk To Award Large Contract to miner That can Supply Nickel

August 25, 2020August 25, 2020 admin

Elon Musk promises a “giant contract” with the miner that can supply nickel for Tesla batteries at low cost with minimal environmental impact, yet the industry’s messy track record may make that deal difficult to clinch. Recent accidents such as a diesel spill in Arctic Russia and a burst waste pipeline in Papua New Guinea suggest the industry will struggle to meet Musk’s request for a large quantity of the metal produced in an “efficient” and “environmentally sensitive” way. As the world’s most-valuable carmaker extends manufacturing arms to China and Germany, its billionaire owner may have to rely increasingly on the… Read More Here

Electricity Mining in DRC Nickel

There is nickel and chromium in Kasai, DRC but not yet exploited due to lack of electricity

August 23, 2020August 24, 2020 ArnieChromium

The coordinator of the Sino-Congolese Program Coordination and Monitoring Office (BCPSC) or “Chinese Contract”, Moïse Ekanga, revealed in an interview with the Belgian media “La Libre Afrique” that at the beginning the Chinese were interested by the exploitation of Nickel and Chromium ores in Kasai but they changed their minds later because of the lack of electricity in the region. “In 2007, when we started talks with China, we thought we would sell them chromium and nickel. The Chinese were interested. They went to Kasai, where these raw materials are found.… Read More Here

Battery Metals Nickel

Russians appeal to Elon Musk against Nornickel

August 9, 2020August 10, 2020 arnbethnic

A group of indigenous people in Russia are asking Tesla’s Elon Musk to stop buying supplies from miner MMC Norilsk Nickel until the company compensates them for environmental damage to their ancestral lands. “The lands of indigenous people appropriated by the company for industrial production now resemble a lunar landscape,” members of the Aborigen Forum network wrote in an open letter to Musk this week. “Traditional use of these lands is no longer possible.” The group is asking Nornickel to assess the damage from a massive fuel spill in the Arctic earlier this year, revise… Read More Here

Battery Metals Nickel Uncategorized

Tesla offers “giant contract” to responsible nickel miners

July 24, 2020July 25, 2020 arnbethnic

Tesla (NASDAQ: TSLA) boss Elon Musk is calling miners to produce more nickel, a key ingredient in the batteries that power his company’s electric cars, and has offered a “giant contract for a long period of time” to any firm able to extracted it in an efficient, environmentally sustainable manner. Musk noted on a second-quarter earnings call that the high price of electric car batteries continues to be one of the main hurdles for Tesla. TESLA’S PRIMARY BATTERY TECHNOLOGY IS BASED ON A BLEND OF NICKEL, COBALT AND ALUMINUM “The real limitation… Read More Here

Nickel Global markets International

Philippines to overtake Indonesia as global largest nickel producer

March 14, 2020March 14, 2020 arnbethnicNickel

Global nickel production will drop significantly over 2020, as major producer Indonesia’s nickel ore export ban comes into effect, Fitch analysts assert in a recent report. This drop will be slightly offset by the impact of rising production growth in the Philippines where some currently suspended mines will become operational again, while the country aims to plug the likely supply gap caused by the Indonesian export ban, Fitch says. Analysts maintain other major producers such as Russia, Australia and Canada will maintain stable production growth year-on-year. Global nickel ore production will fall by 15.4%… Read More Here

Copper Mining in Zambia New Mining Projects Nickel

FQM Enterprise Mining Project in Zambia

March 14, 2020March 14, 2020 arnbethnicEnterprise Project, First Quantum Minerals, FQM, Nickel

Enterprise FQM Development Nickel Project The Enterprise nickel project is located 12km away from our Sentinel copper mine in the North Western Province of Zambia. Overview Enterprise is a stand-alone nickel orebody in the north-west of the Trident license area. Given the operational and infrastructure synergies with the Sentinel copper mine, just 12km away, Enterprise is expected to be a low-cost nickel mine. Environmental approval has been granted, and preparatory works undertaken, so that pre-stripping can commence as market conditions become favourable. The nickel process plant was completed in 2016,… Read More Here