Russia’s Nornickel, a major producer of refined nickel and palladium, said on Tuesday it is in active talks on a joint venture in China with potential investments included in early financial plans for 2025-2026.
US President Donald Trump’s rollback of electric vehicle targets may temporarily slow demand for lithium and other critical minerals, but is unlikely to hamper the mining industry amid surging global EV demand, analysts and industry leaders said.
Indonesia is reviewing its annual nickel ore mining quota, seeking to prevent further price falls, Energy and Mineral Resources Minister Bahlil Lahadalia told reporters on Friday.