#mining #nickel, #manganese, and #cobalt from #olivine (as well as iron and magnesium, of course) at Aspiring Minerals
on 02025-07-27WSJ news article, “China Harnesses a Technology That Vexed the West, Unlocking a Treasure Chest”: “#China’s success has reshaped the industry. It has infused significant new supply into the market and accelerated a crash in the prices of nickel and cobalt, knocking out Western competitors. The share of the global nickel supply refined within China or by Chinese companies abroad has risen from 34% in 2015 to 58% this year, according to Benchmark Mineral Intelligence. / Meanwhile nickel and #cobalt mines in Australia, France-controlled New Caledonia, Brazil and the U.S. have closed or are being shut, unable to compete with the surge in low-cost Chinese minerals. Australian mining company BHP said in July that it would suspend its West Australian nickel operations, expecting a continuing flood of cheap #nickel.”
on 02024-09-09