ASX-listed Indiana Resources expects to begin arbitration with the Government of Tanzania over the illegal expropriation of the Ntaka Hill nickel project and other breaches of the UK-Tanzania BIT in Q1, 2021.
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Diamonds & Gemstones
As open-pit mines reach their economic end of life owners are considering transitioning their open-cast mining operations to underground.
“The lodgement of our RfA formally commences the arbitration process and we will now prepare to present our full claim for compensation."
Orion Minerals has entered into an agreement to acquire the remaining minority interests in the Jacomynspan nickel-copper-PGE project in South Africa.
Fitch Ratings has lowered short-term price assumptions for aluminium, nickel, copper, zinc and thermal coal due to COVID-19 pressures.
Mining is large contributor to global warming through its use of fossil fuels and is facing increased pressure to move towards renewable energy.
ERG is assessing the construction of a battery material plant to produce nickel-cobalt-manganese precursor materials for electric vehicles (EVs).
The global battery sector share of nickel demand is much smaller than other metals, getting the quantity of nickel that EVs will need remain a challenge.