Philippines implements fresh nickel mining curbs in environment protection drive – by Enrico dela Cruz (Reuters U.S. – September 6, 2018)

https://www.reuters.com/

MANILA (Reuters) – The Philippines, one of the world’s top suppliers of nickel ore, will this week start limiting the land that miners can develop at any one time as new rules to protect the environment take effect.

The new curbs, backed by President Rodrigo Duterte, target 29 of 48 mines operating in the Philippines, which are nickel producers supplying ores to the world’s leading market, China. Reuters first reported the new set of restrictions in April.

Mining is a deeply contentious issue in the resource-rich Southeast Asian country after past examples of environmental mismanagement. The industry group Chamber of Mines of the Philippines said it supports the government order.

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New Caledonia: boycotts and blockade – by Denise Fisher (The Interpreter – August 31, 2018)

https://www.lowyinstitute.org/

The Interpreter is published by the Lowy Institute, an independent, nonpartisan think tank based in Sydney.

Preparations are under way for New Caledonia’s historic independence referendum just two months away. Ongoing constructive dialogue and peaceful campaigning have been marred by division and boycotts, and a worrying three-week long blockade over nickel mining by some young Kanaks.

The November referendum is the first of potentially three independence referendums over the next six years. Divisions are many and bitter. If the three referendums possible under the Noumea Accord do not result in a “yes” to independence, discussions must be held with the French state over the future.

So, establishing a habit of dialogue and discussion at this stage is an important confidence building step, as 30 years of predictability and peace under negotiated agreements come to an end.

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Commentary: Nickel is dancing to a new electric (vehicle) beat – by Andy Home (Reuters U.K. – August 15, 2018)

https://uk.reuters.com/

LONDON (Reuters) – The world used almost 2.2 million tonnes of nickel last year. Around two thirds of that metal was absorbed by the stainless steel industry, which uses it as a key alloying agent.

Stainless steel production has been booming. Global output rose by 5.8 percent last year and accelerated by another 9.5 percent in the first quarter of 2018, according to the International Stainless Steel Forum.

This has been good news for nickel. The International Nickel Study Group (INSG) estimates that global first-use nickel usage jumped by 7.8 percent last year and by another 9.7 percent in the first five months of this year.

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Diggers & Dealers 2018: Cost hurdle for nickel developers chasing battery cash, says Western Areas – by Josh Chiat (The West Australia – August 7, 2018)

https://thewest.com.au/

Western Areas managing director Dan Lougher has fired a warning shot to nickel laterite developers, questioning whether the oncoming battery boom will make high-cost projects viable.

The euphoria around the potential for lithium ion batteries to transform demand for their highest volume ingredient and rising prices for cobalt have prompted owners of a string of low-grade lateritic projects to dust them off. Large-scale nickel laterite mines can be costly to both build and process, often relying on a chemical-intensive process called high-pressure acid leach to extract the resource.

Mr Lougher told delegates at the Diggers and Dealers forum in Kalgoorlie-Boulder today the battery market would be a growing contributor to nickel demand over the next decade, which was still dominated by steel makers, but that high-grade nickel sulphide producers would be the quickest to scale up for the new market.

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Nickel price increases likely to put pressure on plastic automotive components says UK manufacturer – by Leanne Taylor (British Plastics and Rubber – July 31, 2018)

https://www.britishplastics.co.uk/

A UK manufacturer of a metal-plated plastic automotive components says the increasing price of nickel is likely to put pressure on the price of parts.

David Brereton, Sales Director for Essex-based Borough Ltd, says the steady upward price increase of nickel could create “a knock-on effect” when it comes to the manufacturing process. “We have worked hard over decades to perfect our ability to chrome plate plastic components and nickel plays a critical role,” explained Brereton.

“To make the plastic components electronically conductive, we deposit a layer of nickel over a catalytic palladium layer during a chemical dipping process, before we can add the copper, more nickel layers and chrome that ensure the quality finish top marques demand.

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UPDATE 1-Philippines nickel ore exports seen dropping up to 17 pct on low prices – by Enrico Dela Cruz (Reuters U.S. – July 10, 2018)

https://www.reuters.com/

MANILA, July 10 (Reuters) – The Philippines’ nickel ore exports could drop by up to 17 percent this year as weaker prices curb output in the world’s second-biggest supplier, the head of a nickel mining industry group said on Tuesday.

Shipments of nickel ore, used to make stainless steel, could fall to 30-35 million tonnes from 36 million tonnes in 2017, Dante Bravo, president of the Philippine Nickel Industry Association, told a media forum.

“As a whole, we expect exports this year to be less than what we saw last year because the price of low-grade nickel now is weak,” he said. The Philippines is the world’s No.2 nickel ore supplier after Indonesia, shipping the bulk of its output to top buyer China.

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Electric vehicle demand will double nickel price – as soon as 2022 – by Frik Els (Mining.com – July 9, 2018)

http://www.mining.com/

After a gravity-defying run, nickel has now also succumbed to weakness in the industrial metals complex as global trade fears mount, declining to $14,125 per tonne on Monday.

The metal, mainly used in stainless steel manufacture, is down 10% or more than $1,600 a tonne from more than three-year highs hit on the LME a month ago.

Nickel is still up by 62% compared to its June 2017 lows, mostly on the back of falling inventories in top consumer China. On the Shanghai Futures Exchange nickel stocks have dropped for 24 straight weeks while LME warehouses are the emptiest since mid-2014.

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GRAPHIC-Inventory draws highlight nickel shortages, buttress prices – by Pratima Desai (Reuters U.K. – June 28, 2018)

https://uk.reuters.com/

LONDON, June 28 (Reuters) – Two years ago the chances of a nickel price recovery seemed remote, but that mindset has changed as shrinking stocks and falling supplies have created a bullish backdrop for the stainless steel ingredient.

Benchmark nickel on the London Metal Exchange recently hit $16,690 a tonne, the highest since December 2014, after falling to 13-year lows below $8,000 a tonne in February 2016.

A retreat to around $15,000 a tonne was triggered by fears of a trade war between the United States and China, the world’s two largest economies. However, prices are still up about 70 percent since June 2017 when expectations of deficits began.

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Philippines’ Duterte says to end mining ‘one of these days’ Manolo Serapio Jr (Reuters U.S. – July 2, 2018)

https://www.reuters.com/

MANILA (Reuters) – Philippine President Rodrigo Duterte said on Monday he would soon halt mining in the Southeast Asian nation because of the environmental damage it has caused, renewing his threat made nearly two years ago to shut down the industry completely.

Mining has been a contentious issue in the Philippines, the world’s No. 2 nickel ore supplier after Indonesia, due to cases of environmental mismanagement.

“I will decide one of these days, I will end mining,” Duterte told a public event in central Philippines, after citing destruction caused by mineral extraction. “It is a very destructive activity though you would call it economic activity.”

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The difficulties of enforcing regulations on the dangerous nickel ore trade – by Marcus Hand (Seatrade Maritime News – July 3, 2018)

http://www.seatrade-maritime.com/

The extreme danagers of the nickel ore trade, where liquefaction of the cargo can cause a vessel to sink in a matter of minutes are well known, but enforcing regulations on this valuable business has proved difficult in remote mining and loading locations.

One is reminded that the DHL advert where goat farmers in a remote mountainsare shown as the start of a global supply chain for cashmere sweaters, but the reality of the nickel ore trade from the southern Philippines, mainly for export to China, is a far grittier one that would challenge even the most creative advertising agency.

This is despite nickel ore being a key compoment in one of the key green technologies – rechargable batteries. Although its largest use is in stainless steel.

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Cleantech’s next heat wave could come from Smarter Alloys – by Tyler Hamilton (Globe and Mail – April 18, 2018)

https://www.theglobeandmail.com/

Tyler Hamilton works with cleantech companies from across Canada as an adviser with the non-profit MaRS Discovery District in Toronto.

When we burn fuel to power vehicles and machinery, drive industrial processes or generate electricity, most of the energy in this fuel is dumped into the atmosphere as heat.

In one 2016 study, German researchers estimated that 72 per cent of global primary energy consumption – that is, using coal, oil, natural gas and uranium as fuel – is lost as waste heat. Most of this heat is rated “low grade,” meaning it’s less than 100 C.

It includes the heat emitted from data centre server farms and the warm air that flows out the back of your kitchen refrigerator or air conditioner.

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FORECAST: EV nickel demand to surge tenfold by 2025, Vale says – by Millicent Dent (Metal Bulletin.com – May 15, 2018)

http://www.metalbulletin.com/

Mass production of electric vehicles (EVs) will transform the nickel market, which must evolve from pricing and supply perspectives in order to meet the anticipated surge in demand.

“We’re already preparing [to enter the EV space] but we’re going to preserve optionality until it’s time and we can extract value,” Robert Morris, Vale’s executive vice president of sales and marketing for base metals, told Metal Bulletin.

Nickel prices are not nearly high enough to incentivize more production to come online. “If we want to supply this battery revolution with the appropriate nickel units, prices will have to be substantially higher,” he said, adding that it would likely take a couple of years for that to occur.

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Gov’t won’t lift ban on open-pit mining – by Madelaine B. Miraflor (Manila Bulletin – June 8, 2018)

https://business.mb.com.ph/

t is now the job of mining companies to look for an alternative to open-pit mining method as ordered by Environment Secretary Roy Cimatu — who, for the nth time, said the government is not keen to lift the ban on the destructive method.

“We have to reinvent mining in the Philippines or we will shut you down by the end of the year,” Cimatu told mining companies during the Philippine Mining Club Luncheon in Makati yesterday.

During the meeting, Cimatu said miners should prepare for a scenario where there is no longer open-pit mining in the country. “We will discuss what will be the alternative to this mining method,” Cimatu said.

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Sudbury Accent: Sudbury as the ‘Harvard’ of hardrock mining [Part 4 of 5] – by Stan Sudol (Sudbury Star – June 6, 2018)

http://www.thesudburystar.com/

The Sudbury Basin is Ontario’s metallic equivalent to the Alberta oils sands without the massive open pits as most of the mines historically have been underground. For 135 years, the region’s unique polymetallic ore-bodies have produced nickel, copper and significant quantities of cobalt, gold, silver and platinum group metals (PGMs).

It is the third largest source of PGMs after South Africa and Russia. Many multi-generational families earn good middle-class salaries in the many mines, two mills, two smelters and one refinery. Roughly 30 per cent of provincial mining activity takes place in Sudbury, according to the Ontario Mining Association.

Glencore’s recent C$900 million investment in the development of its Onaping Depth project and Vale’s C$760 million phase one development of its Copper Cliff Deep mine are indications of growing confidence in the future of the region.

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What Does Northern Ontario Want From Queen’s Park? – by Stan Sudol (RepublicOfMining.com – May 31, 2018)

Northern Ontario Being Strangled

On June 7th, the people of Ontario will be going to the polls in one of the most pivotal elections in the province’s history. While Northern Ontario – north of the French and Mattawa Rivers, as I have never recognized the Parry Sound and Muskoka ridings as being part of the North – encompasses roughly 90 per cent of the province’s land mass, its population has been steadily declining to slightly over five per cent of Ontario’s total.

Unfortunately, our impact on provincial policies is almost negligible.

A buck a beer, cheaper gas, tax breaks combined with unaffordable infrastructure and social commitments, twinning the trans-Canada in Northern Ontario, buying back Hydro One, and jumping on a bulldozer to start building the road into the Ring of Fire are part of a bevy of mostly worthy but unsustainable promises Conservative Doug Ford, Liberal Kathleen Wynne and NDP Andrea Horwath have made.

However, I seldom hear any actual policy initiatives to grow the economy and create wealth so we can afford all these election initiatives and perhaps, just perhaps put a little money on our provincial debt which has more than doubled during the past 15 years under the McGuinty/Wynne Liberal era from about $138 billion in 2003/04 to $325 billion currently and growing. By the way, this is the largest sub-national debt in the world and twice as large as California which has a population of almost 40 million. We are paying roughly $1 billion a month to service that debt. That will surely rise when interest rates, which are at historic lows, eventually start going up!

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