Sweden's H2 Green Steel lines up Vale, Rio Tinto for iron ore supply

Investment fund Engine No. 1, known for its battle with Exxon Mobil Corp. and recently taking a surprise stake in Vale SA’s base metals business, is eying more deals in critical minerals.

Sylvania (AIM: SLP), the platinum group metals ("PGM") producer and developer, with assets in South Africa, is pleased to announce that its wholly owned South African subsidiary, Sylvania Metals (Pty) Limited ("Sylvania Metals"), has entered into an unincorpor...

A plan by Jindal Steel & Power Ltd. to develop an up-to $2 billion iron-ore mine in South Africa is facing opposition from communities who say the operation would require thousands of homes and graves to be relocated.

Nickel company Panoramic Resources will be looking to expand its portfolio within the next 12 to 18 months, MD and CEO Victor Rajasooriar said.

Horizonte Minerals Plc (AIM: HZM | TSX: HZM) has reported good progress on the construction of its wholly-owned Araguaia Nickel Project. The company is targeting its first metal in Q1 2024.

The governments of South Korea and Indonesia have agreed to continue joint investments in electric vehicle and battery production in Indonesia. Moreover, they want to strengthen the supply chain for battery materials such as nickel.

Australia’s Nickel Industries said on Monday it would seek shareholder approval for a A$943 million ($620 million) share placement to pursue growth opportunities including potential expansion at its Excelsior Nickel Cobalt (ENC) project in Indonesia.