Lygend Mining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China's playbook to win US subsidies includes building US factories, partnering with US allies, and deepening its supply chain ties

Increased supply of alternative feedstocks, along with weak demand, has caused the China domestic nickel sulfate price to trend down since hitting a record high on April 22.

Exclusive: Investigation uncovers evidence of contaminated air and water from one of Indonesia’s largest nickel mines

* Project aims to produce 120,000 T nickel, 15,000 T cobalt a year * Huayou to hold 20%, EVE 17% and Tsingshan unit 31% May 24 (Reuters) - China’s Zhejiang Huayou Cobalt Co said on Monday it would partner with companies including a unit of battery maker EVE Energy to set up a $2.08 billion nickel and cobalt smelting project in Indonesia. Huayou will hold 20% of the venture and it is the cobalt supplier’s third major investment in a smelter in top nickel ore miner Indonesia, which is becoming an important centre for the nickel and cobalt chemicals used in electric vehicle batteries. The la...

By Reuters Staff (Updates prices, China to curb high prices) LONDON, May 19 (Reuters) - Copper prices fell on Wednesday as rising inflation pushed investors into a risk-off sentiment, offsetting the impact of potential supply disruptions in the top producing region of South America. Benchmark three-month copper on the London Metal Exchange (LME) shed 3% to $10,101 a tonne by 1311 GMT. The metal, widely used in the power and construction industries, was on track for its biggest daily fall since February. Last week, copper hit a record of $10,747.50 a tonne and has jumped 32% so far this year. ...