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Market Woes Force Glencore to Unload Stake in Major Nickel Mine
14 Feb 2024 22:41 GMT
… percent stake in a major nickel mine, weeks after lowering … the Koniambo nickel operation when it acquired Xstrata a decade … cost-effective, reliable Koniambo Nickel business that can meet production … Approximately 97,600 tons of nickel came through last year, …
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Glencore remains bearish on nickel outlook as it writes off £3.2bn investment
13 Feb 2024 14:46 GMT
… a major nickel mine after downgrading its nickel expectations for … stake in a major nickel mine, weeks after lowering … the Koniambo nickel operation when it acquired Xstrata a decade … cost effective, reliable Koniambo Nickel business that can meet production …
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Glencore puts up shutters at nickel mine
13 Feb 2024 03:41 GMT
Glencore is mothballing its Koniambo nickel project in New Caledonia, having … ’s largest nickel operations through the $30 billion takeover of Xstrata ten …
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Koniambo Nickel to close
12 Feb 2024 21:36 GMT
… costs and current very weak nickel market conditions means KNS … to revitalise and rescue the nickel industry in New Caledonia, … 2013 as part of the Xstrata transaction. Since the project’s … companies impacted by the weaking nickel prices includes IGO, Wyloo, …
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Glencore to close unprofitable New Caledonian nickel mine
12 Feb 2024 16:10 GMT
… costs and current very weak nickel market conditions means KNS remains … asset since its acquisition of Xstrata back in 2013, being the … to revitalise and rescue the nickel industry in New Caledonia, but …
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Glencore to close, sell unprofitable New Caledonia nickel mines
12 Feb 2024 13:51 GMT
The Koniambo Nickel SAS (KNS), a joint venture … Xstrata transaction, said that high operating costs and the current weak nickel … to revitalise and rescue the nickel industry in New Caledonia; … the transition.
Low nickel prices are pushing nickel miners to halt …
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Glencore to Sell Stake in Nickel Mine Amid Price Rout -- Update
12 Feb 2024 09:58 GMT
… for its stake the Koniambo Nickel joint-venture in New … of the operations amid slumping nickel prices. The Anglo-Swiss mining … operation as part of the Xstrata merger, it said.
Write … of the operations amid slumping nickel prices. The Anglo-Swiss mining …
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Nornickel will pay $18 mln to drop its stake in nickel JV in South Africa
24 Nov 2023 22:53 GMT
… 39;s mining company Norilsk Nickel (Nornickel) is seen during … in 2007 after outbidding Xstrata. It was the largest … producer and a major refined nickel producer, started selling LionOre … maintenance costs and the uncertain nickel market outlook.
($1 = …
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Glencore announces funding decision on Koniambo Nickel
02 Oct 2023 15:00 GMT
… a cost effective, reliable Koniambo Nickel SAS (KNS) business that … Finance (IGF) into the nickel industry in New Caledonia acknowledged … and make the production of nickel on island viable.
Glencore … dollars since the acquisition of Xstrata, and a total of US …
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The nickel market: Trends, challenges, and opportunities
23 Aug 2023 07:20 GMT
… by leading companies like Glencore (Xstrata) or Queensland Pacific Metals (QPM … such as Glencore (Xstrata), Sumitomo, and Queensland Nickel leading in terms of …
Furthermore, technologies enabling recycling of nickel waste present opportunities for sustainable …