Tag: Battery metals

Sumitomo Corporation
BusinessHot News

Sumitomo Corp. to exit Madagascar nickel project in $418 million stake sale

Sumitomo exits the Ambatovy nickel project in Madagascar via $418m stake sale, reshaping global battery metals and EV supply chains.

Timilehin Adejumobi Timilehin Adejumobi
Fresh investors enter Madagascar’s Ambatovy nickel mine after Sumitomo exit
BusinessTechnology

Fresh investors eye Madagascar nickel mine after Sumitomo exit

Global investors are taking a closer look at Africa’s critical minerals sector as demand for battery metals continues to rise and supply chains remain tight. Nickel, used in electric vehicle batteries and stainless steel, has regained attention among commodity traders and mining investors. That shift in sentiment has placed Madagascar’s Ambatovy nickel project back in focus following a change in…

Oluwatosin Alao Oluwatosin Alao
EU
BusinessHot News

EU backs Anglo-American and Sibanye-Stillwater in critical minerals push

EU grants ‘Strategic Project’ status to Anglo-American and Sibanye-Stillwater, fast-tracking key critical mineral projects vital to Europe's energy transition.

Feyisayo Ajayi Feyisayo Ajayi