Nickel’s importance in the transition to clean energy has skyrocketed, driving demand and prices to new heights. As a key component in EV batteries, nickel enhances energy density and storage capacity, leading to longer-lasting batteries and more efficient vehicles. While the world is adopting greener technologies, the demand for nickel will grow exponentially. Thus, global mining giants are driving the transition by focusing on sustainable nickel production even with rising nickel prices.
Let’s check out the top 3 nickel news making headlines in June.
1. Indonesian Nickel Giant Eyes 2025 Listing, Enters Talks with Glencore
Indonesian nickel company PT Ceria Nugraha Indotama plans to launch an IPO in the first half of 2025 and is currently negotiating Ceriaa stake sale to Glencore PLC ahead of the listing. Media reports say that Ceria aims to construct an $8 billion nickel complex, featuring 11 processing plants, including two high-pressure acid leaching (HPAL) plants, to produce nickel products for electric vehicle batteries.
This collaboration aims to secure significant investments and strategic partnerships that will strengthen the firm’s foothold in the global nickel market.
Image: Ceria’s nickel exploration demography

source: PT Ceria
Strategic Partnership with Glencore
Ceria known for its extensive nickel reserves and production capabilities, sees Glencore as a pivotal partner. Glencore’s expertise in mining and commodities trading could provide crucial support in terms of technology, logistics, and global market access. The talks focus on potential joint ventures, long-term supply agreements, and investment opportunities that could enhance the Indonesian company’s operational efficiency and market reach.
Additionally, Glencore is also negotiating to participate in developing Ceria’s first HPAL plant in Southeast Sulawesi, which aims to produce over 146,000 MTs of mixed hydroxide precipitate.
Preparing for a Major IPO
The planned initial public offering (IPO) in 2025 is set to be one of the most significant listings in the nickel sector. By going public, the Ceria aims to raise substantial capital to expand its mining operations, invest in new technologies, and meet the growing global demand for nickel, a critical component in EV batteries and renewable energy technologies.
Market Dynamics and Growth Prospects
The Indonesian company’s strategic move to partner with Glencore and pursue a public listing aligns with the market’s bullish outlook on nickel. The firm’s robust resource base, coupled with Glencore’s global reach, positions it well to capitalize on these favorable market conditions.
Future Outlook
Ceria’s proactive steps in securing strategic partnerships and preparing for a public listing demonstrate its commitment to becoming a key player in this evolving market. The outcome of the ongoing talks with Glencore will be crucial in shaping the company’s future and its ability to meet the increasing global demand for nickel.
This anticipated collaboration and the forthcoming IPO not only highlight the company’s growth ambitions but also underscore Indonesia’s significant role in the global nickel supply chain. Investors and industry watchers will be keenly observing the developments as the 2025 listing approaches, marking a crucial moment for the company and the nickel industry at large.
2. Premium Nickel Resources Upsizes Equity Financing to C$27.5 Million for Botswana Projects
Premium Nickel Resources Ltd. (PNRL), the Canada-based mineral exploration and development company is pioneering in discovering and advancing high-quality nickel, copper, cobalt, and platinum group metals (Ni-Cu-Co-PGM) resources.
In a recent development, PNRL increased its non-brokered equity financing to C$27.5 million ($20 million) for its Botswana projects. Initially announced on June 5 at C$15 million ($10.9 million), the upsizing reflects strong interest from existing shareholders. The original plan was to issue approximately 19.2 million units; the revised plan includes about 35.3 million units.
Each unit, priced at C$0.78, comprises one common share and one common share purchase warrant. Holders of these warrants can acquire an additional common share for C$1.10 within 60 months.
Selebi and Selkirk Nickel-Copper Mines
Premium Nickel’s portfolio includes two fully permitted redevelopment projects for nickel, copper, and cobalt mines in Botswana: the Selebi mine, formerly owned by BCL and Tati’s former Selkirk mine.
The Selebi mine, which opened in 1980, operated for 36 years producing nickel and copper until it was placed on care and maintenance in 2016. It features two shafts: the 1,140-meter Selebi shaft and the 970-meter Selebi North shaft. Selebi North was in production from 1990 to 2016, also yielding nickel and copper.
The Selkirk nickel-copper mine started production in 1989 and operated until 2002. It has a historical resource estimate of 165.3 million tonnes, grading 0.28% nickel and 0.24% copper, based on a cut-off grade of 0.15% nickel.

3. Electra Battery Materials: North America’s Sole Cobalt and Nickel Refinery Secures C$5 Million from Canadian Govt. to Fuel Battery Materials Recycling Technology
Electra Battery Materials announced that it has secured C$5 million in funding from the Canadian government to develop its proprietary battery materials recycling technology.
Located north of Toronto, Ontario, Electra is building North America’s only cobalt sulfate refinery as part of a multiphase initiative to onshore refining capabilities for cathode materials. The company’s primary goal is to secure the capital necessary to recommission and expand its cobalt refinery. Subsequently, it aims to supply recycled battery materials and battery-grade nickel for the electric vehicle market.
Successful Battery Materials Recycling Demonstration
In 2023, Electra successfully operated a demonstration plant for battery materials recycling at its Ontario refinery complex. The plant processed over 40 Ts of end-of-life battery scrap, known as “black mass”. It produced high-quality nickel, cobalt, and lithium products. This program is considered the first plant-scale recycling of black mass material in North America. It marks the first domestic production of a nickel-cobalt mixed hydroxide precipitate product.
Electra is now accelerating the next phase of its recycling project. The company aims to demonstrate continuously that the hydrometallurgical black mass process is scalable, profitable, and can be implemented at other locations.
source: Electra
Government Support and Economic Impact
The Canadian government has committed C$5 million ($3.6 million) to the project through Natural Resources Canada’s Critical Minerals Research, Development, and Demonstration program. This project will be based at Electra’s fully permitted property in Temiskaming Shores, approximately five hours north of Toronto.
Electra CEO Trent Mell commented,
“Today’s funding announcement signals the Canadian government’s ongoing commitment to creating a strong, sustainable EV supply chain. While recycling critical minerals is part of our strategy, we remain focused on constructing our cobalt sulfate refinery and will update the market with funding developments for restarting construction.”
Notably, Jonathan Wilkinson, Canada’s Minister of Energy and Natural Resources, made an important statement,
“This funding will enhance mineral and energy security, create jobs, and support economic opportunities, contributing to a cleaner Canada and a prosperous, sustainable economy for everyone.”
The announcement was made in Sudbury, alongside a similar funding announcement for the Mining Innovation Rehabilitation and Applied Research Corp, which also received C$5 million.
- FURTHER READING: Nickel 28 Capital Ousts CEO Anthony Milewski and President Justin Cochrane in Leadership Purge Over Misconduct (carboncredits.com)
The post Top 3 Nickel Stories You Can’t Miss appeared first on Carbon Credits.
Carbon Footprint
Climate Impact Partners Unveils High-Quality Carbon Credits from Sabah Rainforest in Malaysia
The voluntary carbon market is changing. Buyers are no longer focused only on large volumes of cheap credits. Instead, they want projects with strong science, long-term monitoring, and clear proof that carbon has truly been removed from the atmosphere. That shift is drawing more attention to high-integrity, nature-based projects.
One project now gaining that spotlight is the Sabah INFAPRO rainforest rehabilitation project in Malaysia. Climate Impact Partners announced that the project is now issuing verified carbon removal credits, opening access to one of the highest-quality nature-based removals currently available in the global market.
Restoring One of the World’s Richest Rainforest Ecosystems
The project is located in Sabah, Malaysia, on the island of Borneo. This region is home to tropical dipterocarp rainforest, one of the richest forest ecosystems on Earth. These forests store huge amounts of carbon and support extraordinary biodiversity. Some dipterocarp trees can grow up to 70 meters tall, creating habitat for orangutans, pygmy elephants, gibbons, sun bears, and the critically endangered Sumatran rhino.
However, the forest within the INFAPRO project area was not intact. In the 1980s, selective logging removed many of the most valuable tree species, especially large dipterocarps. That caused serious ecological damage. Once the key mother trees were gone, natural regeneration became much harder. Young seedlings also had to compete with dense vines and shrubs, which slowed the forest’s recovery.
To repair that damage, the INFAPRO project was launched in the Ulu-Segama forestry management unit in eastern Sabah.
- The project has restored more than 25,000 hectares of logged-over rainforest.
- It was developed by Face the Future in cooperation with Yayasan Sabah, while Climate Impact Partners has supported the project and helped bring its credits to market.
Why Sabah’s Carbon Removals are Attracting Attention
What makes Sabah INFAPRO different is not only the size of the restoration effort. It is also the way the project measured carbon gains.

Many forest carbon projects issue credits in annual vintages based on year-by-year growth estimates. Sabah INFAPRO followed a different path. It used a landscape-scale monitoring system and waited until the forest moved through its strongest natural growth period before issuing removal credits.
- This approach gives the credits more weight. Rather than relying mainly on short-term annual estimates, the project measured carbon sequestration over a longer period. That helps show that the forest delivered real, sustained, and measurable carbon removal.
The scientific backing is also unusually strong. Since 2007, the project has maintained nearly 400 permanent monitoring plots. These plots have allowed researchers, independent auditors, and technical specialists to observe the full growth cycle of dipterocarp forest recovery. The result is a large body of field data that supports carbon calculations and strengthens confidence in the credits.
In simple terms, buyers are not just being asked to trust a model. They are being shown years of direct forest monitoring across the project landscape.
Strong Ratings Support Market Confidence
Independent assessment has also lifted the project’s profile. BeZero awarded Sabah INFAPRO an A.pre overall rating and an AA score for permanence. That places the project among the highest-rated Improved Forest Management, or IFM, projects in the world.
The rating reflects several important strengths. First, the project has very low exposure to reversal risk. Second, it has a long and stable operating history. Third, its measured carbon gains align well with peer-reviewed ecological research and independent analysis.
These points matter in today’s market. Buyers have become more cautious after years of debate over the quality of some forest carbon credits. As a result, they now look more closely at durability, transparency, and third-party validation. Sabah INFAPRO’s rating helps answer those concerns and makes the project more attractive to companies looking for credible carbon removal.
The project is also registered with Verra’s Verified Carbon Standard under the name INFAPRO Rehabilitation of Logged-over Dipterocarp Forest in Sabah, Malaysia. That adds another level of market recognition and verification.
A Wider Model for Rainforest Recovery
Sabah INFAPRO also shows why high-quality nature-based projects are about more than carbon alone. The restoration effort supports broader ecological recovery in one of the world’s most important rainforest regions.
Climate Impact Partners said it has worked with project partners to restore degraded areas, run local training programs, carry out monthly forest patrols, and distribute seedlings to support rainforest recovery beyond the project boundary. These efforts help strengthen the wider landscape and expand the project’s environmental impact.
That broader value is becoming more important for buyers. Companies increasingly want projects that support biodiversity, ecosystem health, and local engagement, along with carbon removal. Sabah INFAPRO offers that mix, making it a stronger fit for the market’s shift toward higher-integrity credits.

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Carbon Footprint
Bitcoin Falls as Energy Prices Rise: Why Crypto Is Now an Energy Market Story
Bitcoin’s recent drop below $70,000 reflects more than short-term market pressure. It signals a deeper shift. The world’s largest cryptocurrency is becoming increasingly tied to global energy markets.
For years, Bitcoin has moved mainly on investor sentiment, adoption trends, and regulation. Today, another force is shaping its direction: the cost of energy.
As oil prices rise and electricity markets tighten, Bitcoin is starting to behave less like a tech asset and more like an energy-dependent system. This shift is changing how investors, analysts, and policymakers understand crypto.
A Global Power Consumer: Inside Bitcoin’s Energy Use
Bitcoin depends on mining, a process that uses powerful computers to verify transactions. These machines run continuously and consume large amounts of electricity.
Data from the U.S. Energy Information Administration shows Bitcoin mining used between 67 and 240 terawatt-hours (TWh) of electricity in 2023, with a midpoint estimate of about 120 TWh.

Other estimates place consumption closer to 170 TWh per year in 2025. This accounts for roughly 0.5% of global electricity demand. Recently, as of February 2026, estimates see Bitcoin’s energy use reaching over 200 TWh per year.
That level of energy use is significant. Global electricity demand reached about 27,400 TWh in 2023. Bitcoin’s share may seem small, but it is comparable to the power use of mid-sized countries.
The network also requires steady power. Estimates suggest it draws around 10 gigawatts continuously, similar to several large power plants operating at full capacity. This constant demand makes energy costs central to Bitcoin’s economics.
When Oil Rises, Bitcoin Falls
Bitcoin mining is highly sensitive to electricity prices. Energy is the highest operating cost for miners. When power becomes more expensive, profit margins shrink.
Recent market movements show this link clearly. As oil prices rise and inflation concerns persist, energy costs have increased. At the same time, Bitcoin prices have weakened, falling below the $70,000 level.

This is not a coincidence. Studies show a direct relationship between Bitcoin prices, mining activity, and electricity use. When Bitcoin prices rise, more miners join the network, increasing energy demand. When energy costs rise, less efficient miners may shut down, reducing activity and adding selling pressure.
This creates a feedback loop between crypto and energy markets. Bitcoin is no longer driven only by demand and speculation. It is now influenced by the same forces that affect oil, gas, and power prices.
Cleaner Energy Use Is Growing, but Fossil Fuels Still Matter
Bitcoin’s environmental impact depends on its energy mix. This mix is improving, but it remains uneven.
A 2025 study from the Cambridge Centre for Alternative Finance found that 52.4% of Bitcoin mining now uses sustainable energy. This includes both renewable sources (42.6%) and nuclear power (9.8%). The share has risen significantly from about 37.6% in 2022.
Despite this progress, fossil fuels still account for a large portion of mining energy. Natural gas alone makes up about 38.2%, while coal continues to contribute a smaller share.

This reliance on fossil fuels keeps emissions high. Current estimates suggest Bitcoin produces more than 114 million tons of carbon dioxide each year. That puts it in line with emissions from some industrial sectors.
The shift toward cleaner energy is real, but it is not complete. The pace of change will play a key role in how Bitcoin fits into global climate goals.
Bitcoin’s Climate Debate Intensifies
Bitcoin’s growing energy demand has placed it at the center of ESG discussions. Its impact is often measured through three key areas:
- Total electricity use, which rivals that of entire countries.
- Carbon emissions are estimated at over 100 million tons of CO₂ annually.
- Energy intensity, with a single transaction using large amounts of power.

At the same time, the industry is evolving. Mining companies are adopting more efficient hardware and exploring new energy sources. Some operations use excess renewable power or capture waste energy, such as flare gas from oil fields.
These efforts show progress, but they do not fully address the concerns. The gap between Bitcoin’s energy use and its environmental impact remains a key issue for investors and regulators.
- MUST READ: Bitcoin Price Hits All-Time High Above $126K: ETFs, Market Drivers, and the Future of Digital Gold
Bitcoin Is Becoming Part of the Energy System
Bitcoin mining is now closely integrated with the broader energy system. Operators often choose locations based on access to cheap or excess electricity. This includes areas with strong renewable generation or underused energy resources.
This integration creates both opportunities and challenges. On one hand, mining can support energy systems by using power that might otherwise go to waste. It can also provide flexible demand that helps stabilize grids.
On the other hand, it can increase pressure on local electricity supplies and extend the use of fossil fuels if cleaner options are not available.
In the United States, Bitcoin mining could account for up to 2.3% of total electricity demand in certain scenarios. This highlights how quickly the sector is scaling and how closely it is tied to national energy systems.
Energy Markets Are Now Key to Bitcoin’s Future
Looking ahead, the connection between Bitcoin and energy is expected to grow stronger. The network’s computing power, or hash rate, continues to reach new highs, which typically leads to higher energy use.
Electricity will remain the main cost for miners. This means Bitcoin will continue to respond to changes in energy prices and supply conditions. At the same time, governments are starting to pay closer attention to crypto’s environmental impact, which could shape future regulations.

Some forecasts suggest Bitcoin’s energy use could rise sharply if adoption increases, potentially reaching up to 400 TWh in extreme scenarios. However, cleaner energy systems could reduce the carbon impact over time.
Bitcoin is no longer just a financial asset. It is also a large-scale energy consumer and a growing part of the global power system.
As a result, understanding Bitcoin now requires a broader view. Energy prices, electricity markets, and carbon trends are becoming just as important as market demand and investor sentiment.
The message is clear. As energy markets move, Bitcoin is likely to move with them.
The post Bitcoin Falls as Energy Prices Rise: Why Crypto Is Now an Energy Market Story appeared first on Carbon Credits.
Carbon Footprint
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The post LEGO’s Virginia Factory Goes Big on Solar as Net-Zero Push Speeds Up appeared first on Carbon Credits.
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