— A major nickel operation backed by Trafigura Group will need support from a new investor after the trading giant declined to contribute more funds as part of a French government rescue...

 — New Caledonia's history coincides with that of nickel. In 1864, a new nickel ore, composed of garnierite, a green serpentine-group mineral, (Ni,Mg) 3 Si 2 O 5 (OH) 4, was discovered in New Caledonia by a young geologist named Jules Garnier (1839–1904). Mining developed very rapidly after 1873. Nickel, cobalt, iron, and also gold, copper ...

 — Glencore (LON: GLEN) said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS (KNS) business it co-owns in New Caledonia, as a sharp drop in the metal's prices ...

 — The New Caledonia plants, which have long struggled due to high energy costs and social unrest, have had to contend with a wave of new supply from Indonesian smelters that's caused nickel prices ...

2024] NICKEL MINING IN NEW CALEDONIA AND THE INFLATION REDUCTION ACT 483 France.12 All three referenda failed to ensure New Caledonia's independence from France.13 However, in 2021, the last referendum failed by a particularly narrow margin, resulting in a pro-independence protest.14 Many New Caledonians view Caledonia's …

 — In its second annual report on metals, published on Friday, May 17, it even warned that "today's low-price environment creates risks for future nickel supply." Plants shut down. The New Caledonian ...

 — New Caledonia has some of the world's largest nickel reserves but high costs and political tensions in the French-controlled Pacific territory have left its three processing plants on the verge ...

 — New Caledonia is a small French territory in the southwest Pacific Ocean, and it is believed to own as much as 25% of the world's nickel. It is home to the Goro mine owned and operated by mining ...

 — The French territory of New Caledonia contains nickel reserves that would be invaluable to the production of electric vehicle batteries in the U.S. However, under the Inflation Reduction Act's critical mineral requirement, the use of New Caledonian nickel in electric vehicle batteries may inhibit the ability of vehicles containing those ...

 — Political leaders in New Caledonia on Thursday agreed new terms for the sale of Vale's (VALE3.SA) nickel business, including a majority stakeholding for local interests, seeking to resolve unrest ...

 — France has been mining nickel in New Caledonia since the mid-19th century. The resource is so pivotal to the local economy that it is one of the territory's key sources of income. New Caledonia has a GDP …

 — Mining and trading giant Glencore is to stop financing a lossmaking nickel mine in New Caledonia, as growing Indonesian production of a key metal in electric car batteries squeezes rivals.

 — Comprised an open-cut nickel mine and a pyrometallurgical plant, Koniambo Nickel Project is located in the North Province of New Caledonia and was officially inaugurated in November 2014. It is one of the world's biggest and highest-grade undeveloped nickel laterite deposits.

Koniambo Nickel (KNS) is a joint venture whose capital is 51% owned by SMSP and 49% by Glencore. KNS is responsible for the construction, the ramp-up and operation of the Northern metallurgical plant with a …

 — Brazilian mining firm Vale has completed the divestiture of its stake in Vale New Caledonia (VNC), which operates the Goro nickel mine and a processing plant in New Caledonia, to the Prony Resources New …

 — Twenty-one immature yellow marbled eels, Anguilla marmorata, were captured by electric fishing in May 2016 and July 2021 near the Koniambo Mount of New Caledonia in four different sites (with 4–6 individuals per site).Three sites were used for their high metal concentration levels due to the soil composition (ultramafic soils) and the …

 — Political leaders in New Caledonia on Thursday agreed new terms for the sale of Vale's nickel business, including a majority stakeholding for local interests, seeking to resolve unrest over the ...

 — Nickel mining in New Caledonia is a major sector of the New Caledonian economy. The island contains about 7.1 million tonnes of nickel reserves, about 10% of the world's total. [1] [2] With an annual production of 200,000 tonnes in 2020, New Caledonia was the world's fourth largest producer after Indonesia (760,000), Philippines (320,000), …

 — New Caledonia is one of the major nickel mining regions in the world. Earlier in the session, LME nickel climbed 5.1% to $20,800 a ton, its highest since September 2023. SHFE nickel surged as high as 5.6% to 153,970 yuan, a high level unseen since October last year.

New Caledonia is the 4th largest producer of nickel ore in the world (being Indonesia, the Philippines and Russia) having produced 220 000 metric tonnes in 2019. This industry accounts for 90% of New Caledonia's exports and represents 1 out of every 5 jobs on the island.The peridotite massifs cover 1/3 of the surface of the Mainland and represents …

 — New Caledonia's mining industry is struggling to compete against Indonesia, the world's largest nickel producer, due to decades of export restrictions and high energy costs that have made its nickel more …

 — New Caledonia owns 25% of the world available reserve of Nickel extractible ores (Kowasch, 2018), and the nickel production rate has been increasing over the years, reaching a peak nowadays [200 ...

While the violence continues in New Caledonia, the archipelago is in a precarious economic situation, plagued for months by falling nickel prices, of which it holds 20% to 30% of the world's reserves.

 — The French territory of New Caledonia contains nickel reserves that would be invaluable to the production of electric vehicle batteries in the U.S. However, under the …

 — New Caledonia sits on up to 30 percent of the world's nickel reserves, and nickel-related industries employ 20-25 percent of the working population in the archipelago of 270,000 people.

 — New Caledonia's nickel output had already been slashed after prices plunged amid faltering consumption by the battery sector and a boom in Indonesian supply.

 — Rival commodity trader Trafigura and French mining group Eramet, which hold stakes in nickel mines and processing facilities in New Caledonia, are facing similar challenges to Glencore as their ...

 — Two sites directly related to nickel mining and smelting were more particularly targeted in this study. The first is the Poro mine, situated on the east coast, one of the oldest still active extraction sites (Fig. 1 c). The second is the metallurgical ore factory of Doniambo, located in Noumea (Fig. 1 d). It was established in 1910 on an isolated, 7 …

 — The Koniambo Nickel SAS (KNS), a joint venture (JV) between Société Minière du Sud Pacifique SA and Glencore in New Caledonia, will transition into care and maintenance, it was announced on Monday.

New Caledonia's huge nickel reserves are crucial for the local economy, and the Goro mine, in the south of the island, has the potential to be one of the world's biggest nickel producers.