Australian nickel and lithium producer IGO (ASX:IGO) is negotiating a potential deal with Medallion Metals (ASX: MM8) to divest certain assets of its Forrestania nickel operation in Western Australia, the companies said in separate statements on Thursday.

The Western Australian Government has been expediting mining exploration approvals in a bid to streamline the process and provide incentives to explorers.

Glencore on Wednesday highlighted what it described as “strong strategic achievements for the group over the year to date”.

French miner Eramet SA is looking to acquire more nickel mining permits in Indonesia.

The Geological Agency under the Indonesian Ministry of Energy and Mineral Resources has announced that there are at least 100 additional sites in the country with the potential to contain nickel reserves that remain unexplored.

The Indonesian Nickel Miners Association (APNI) has announced potential investment interest from Australian mining giant BHP in Indonesia’s nickel industry.

Own sourced nickel production of 44,200 tonnes was 2,200 tonnes (5%) lower than H1 2023; attributable ferrochrome production of 599,000 tonnes was 118,000 tonnes (16%) below H1 2023.

Russia’s Nornickel, the world’s largest producer of palladium and a major producer of refined nickel, reported on Monday a 1% drop in nickel output for the first half of the year, but kept its 2024 production guidance for both metals.