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US, Philippines Eye Agreement to Cut China Nickel Dominance

(Bloomberg) The U.S. and the Philippines are in discussions over ways to prevent China from dominating nickel processing in the Southeast Asian nation, a key supplier of the metal that’s crucial for electric vehicle batteries. Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketTraders Expect Biggest Fed-Day Move in S&P Since 2023, Citi SaysAmazon Reports Strong Cloud Unit Sales on Rising AI DemandPot Stocks Surge on Report DEA Set to Reclassify MarijuanaHSBC CEO

US, Philippines Eye Partnership to Cut China s Nickel Dominance

US, Philippines Eye Partnership to Cut China s Nickel Dominance
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Vale Canada, Sumitomo Metal ink initial deal for sale of stake in Indo nickel mining unit

State miner PT Mineral Industri Indonesia will become the largest shareholder of Vale Indonesia with 34% of shares.

Vale Canada, Sumitomo Metal sign initial deal to sell 14% stake in Indonesian nickel miner

Mining company Vale Base Metals said its unit Vale Canada Ltd and Japan s Sumitomo Metal Mining Co. Ltd signed an initial agreement on Friday to sell a 14% stake in their Indonesian nickel mining unit.

Vale Cuts Indonesia Nickel Stake to Meet Ownership Rules for Foreign Firms

Vale Cuts Indonesia Nickel Stake to Meet Ownership Rules for Foreign Firms
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