Section: Industry News

Anglo American and Teck Resources jointly announced a merger agreement on 9th September.

The Indonesian government has moved to limit new licenses for nickel projects in an attempt to correct overdevelopment of the industry and the subsequent crash in global nickel prices. The permit restriction applies to new nickel processing companies that produce intermediate products, both with pyrometallurgical (RKEF) and hydrometallurgical (HPAL) technologies. Currently, Indonesia already has 54 nickel processing plants operating, 38 in the construction stage, and 45 are still under planning.

Ardea Resources says that its Kalgoorlie Nickel Project in Western Australia has secured a crucial renewal of its major project status from the federal government for another three years, underscoring the project’s strategic importance, granting it streamlined approvals and direct access to the country’s major project facilitation agency. Located 80 km from Kalgoorlie, the project hosts what Ardea says is the world’s largest undeveloped nickel-cobalt resource, containing 854 million tonnes averaging 0.71% (6.1 million tonnes) of nickel and 0.045% (386,000 tonnes) of cobalt.

CSV Midstream Solutions says that it has successfully completed commissioning and commenced operations at its Albright gas plant in northern Alberta, tapping into the Montney shale gas field. The new 150 million scf/d sour gas plant with associated sulphur recovery represents the first of its kind to be built in Alberta in more than a generation.

Ukraine has mounted several strikes on the Russian Black Sea port of Tuapse, hitting oil infrastructure with airborne and seagoing drones and missiles. Tuapse is a tanker loading terminal, one of two main oil export facilities on Russia’s Black Sea coast, with the capacity to transship around 17 million t/a of oil products. A raid on November 2nd reportedly damaged two tankers, halted fuel exports and refinery operations for days, caused an oil spill and forced tankers to abandon the port. Russia’s national rail company has halted rail shipments to Tuapse port, citing insufficient train car handling capacity.

First gas from Abu Dhabi’s 1.5 billion cfd Ghasha sour gas concession will be reached in early 2026, according to project partner PTTEP. The gas will come from the first phase 340 million cfd Dalma development. The Ghasha project is being developed by ADNOC (70%), Eni (10%), Thailand’s PTTEP (10%) and Russia’s Lukoil (10%). The outlook, published in PTTEP’s Q3 results, is a more cautious assessment than that provided by Eni in its own Q3 results. Eni said it was optimistic that the development would start up by the end of 2025.

Arianne Phosphates has signed a memorandum of understanding with Travertine Technologies Inc.for the production of purified phosphoric acid using Travertine’s proprietary process on high-purity phosphate concentrate from Arianne’s planned Lac à Paul project in Quebec Province.

Nutrien said in its 3Q results that it has initiated a review of strategic alternatives for its phosphate business, which could include reconfiguring operations, strategic partnerships or a potential sale. A final decision on the future of the phosphate business will be taken in 2026, according to the company .

India’s Megha Engineering and Infrastructures Limited (MEIL) has won a $225.5 million contract from the Kuwait Oil Company (KOC) for setting up a new gas sweetening and sulphur recovery facility at West Kuwait oilfields. The project, to be developed on a build-own-operate basis with a buyback option for KOC, includes design, construction, operation and maintenance. It will be completed in two years, followed by a five-year operation and maintenance phase.

Singapore-based Indorama Group, through its Senegalese subsidiary Industries Chimiques du Sénégal (ICS), has signed a memorandum of understanding with Senegal’s Investment and Major Projects Promotion Agency (APIX) to launch a major $210 million investment, aiming to boost Senegal’s phosphate and fertilizer production capacity, reinforcing the country’s strategic role in the regional agricultural input market.