Queensland Pacific Metals Ltd (ASX:QPM) has struck a binding ore supply deal with New Caledonian company Société Minière Georges Montagnat (SMGM), one of the original supporters of QPM and the TECH Project. The companies have formalised the 10-year ore supply agreement for up to 200,000 wmt per annum, targeting a typical limonite ore specification of 1.5% nickel and 0.18% cobalt....
Resource Mining Corporation Ltd (ASX:RMI) CEO Andrew Nesbitt joins Tom Warner in the Proactive studio to discuss the company’s 42.1 million tonnes nickel sulphide resource containing 168,400 tonnes of nickel and 6,700 tonnes of cobalt. This comes from a review and re-estimation of the Ruossakero Project in Finland and has the potential to grow. Finland is Europe’s largest producer of...
Power Minerals (ASX: PNN) has begun the next exploration phase at its Musgrave nickel-copper-cobalt-platinum group element project in South Australia. A detailed multi-element resampling program using portable XRF (pXRF) to analyse drill hole core is currently underway with more than 1,000 samples processed to-date. Of those, some samples have been selected and sent to a laboratory for more detailed analysis....
South Korea’s POSCO Holdings Inc has announced it has signed a preliminary agreement with Chinese mining firm Ningbo Liqin for the joint production of nickel for electric vehicle (EV) batteries in Indonesia. The two companies have agreed in principle to build a process plant on the Indonesian island of Sulawesi capable of producing 120,000 tons of mixed nickel-cobalt hydroxide precipitate...
Perth-based Aston Minerals (ASX: ASO) has confirmed the Boomerang target within its wholly-owned Edleston project in Canada to be one of the world’s biggest nickel-cobalt deposits. The company today announced a billion-tonne maiden resource estimate at the target, which comes just 18 months after exploration commenced. The global resource sits at 1.044 billion tonnes grading 0.27% nickel and 0.011% cobalt...
A consortium of Hong Kong and European private investors are investing over USD 1 billion to revive a mothballed nickel and cobalt refinery in Australia by turning mining waste into materials for electric car batteries. The refinery, Yabulu, is located in Queensland and aims to become one of the world’s top ten producers of refined nickel within 18 months to...
Canadian miner Kuya Silver announced in early January that it was finalising the acquisition of battery materials refiner Electra Battery Materials’ assets in the two companies’ Silver Kings joint venture in Northern Ontario. This deal will boost Kuya’s ownership in the Silver Kings Project from 75% to 100%. To finalise the deal, which covers about 16,600 hectares of silver and...
The high cost of platinum, a valuable metal that is the main catalyst for the chemical reactions in next-generation hydrogen fuel cells, has been a barrier to the widespread adoption of this technology. However, scientists have engineered a platinum-cobalt alloy to act as a catalyst, greatly reducing the amount of platinum needed to achieve the same or even better performance....
The demand for critical minerals including lithium, graphite, nickel, cobalt, copper, rare earth elements, potash, uranium and aluminum is increasing as the world moves towards a global net-zero economy and the adoption of clean technologies such as solar panels and electric vehicle batteries. These minerals are not only essential for clean technology, but also play a crucial role in creating...
Nickel Creek Platinum has announced the completion of a drilling and geophysics programme conducted in Yukon, Canada, as part of the Nickel Shaw Project. The project involved a total of 3,300 metres of drilling, 2,000 metres of which comprised a Prefeasibility Study (“PFS”) at the Wellgreen deposit. Eight holes were drilled to support the conversion of mineral resources from inferred...
