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
The Strategic Case for Nature-Based Carbon Investments
Nature-based carbon investments deserve consideration when they address a specific business dependency and produce outcomes you can measure. Imagine Moonbucks, a global coffee roaster planning next season’s espresso blend. It is considering natural Grade 4 coffee from Jimma, in southwestern Oromia, Ethiopia. Its sourcing decisions affect the roasting schedule and the cash tied up in coffee purchases. Moonbucks needs to understand which measures could protect that supply, what they would cost and how it would judge the results.
1. Define the sourcing problem before choosing a project
Moonbucks needs a dependable component for its espresso blend. Its procurement team wants continuity of volume and an agreed cup profile. Replacing a shipment at short notice could require new sample approval and changes to the blend, and given the schedules for cultivation, processing, and freight delivery, is practically impossible. Moonbucks needs to get this right, and its initial concern is inconsistent deliveries. It commissions an assessment of the supplying farms and post-harvest chain. The questions cover land condition, harvest availability and whether drying or storage problems are affecting saleable lots.
This distinction changes the investment brief. A tree-planting proposal cannot be assumed to fix drying problems. Better storage cannot restore eroded land. The team must establish which problem exists before selecting the response.
CCC’s guide to finding nature-based solutions in your supply chain explains where to look. Here, the next task is to turn a broad concern into a testable proposal.
2. Develop nature-based carbon investments around the actual supply chain
The assessment would trace Moonbucks’ purchases back through the exporter and supplying producer groups. Which farms supply the contracted lots? Who controls land-management decisions? How long does the buyer expect to maintain the purchasing relationship?
Furthermore, Jimma natural Grade 4 cannot be treated as interchangeable with every Ethiopian coffee. Moonbucks would need to test any substitute against its own blend and quality requirements.
Suppose Moonbucks’ assessment identifies an opportunity to maintain shade trees and restore vegetation along exposed streambanks. The IPCC describes agroforestry as a way to store carbon in vegetation and soil, with potential benefits for erosion control and water quality.1 Moonbucks would need local advice on species, growing conditions and maintenance before deciding how these measures fit its sourcing plan.
The proposal now has a defined sourcing connection and a candidate intervention. The next steps are to test its effect on production, assess carbon eligibility and build the financial case.
3. Compare the proposal with other ways to protect supply
WBCSD’s Nature-based Solutions Blueprint recommends comparing nature-based options with other responses across their benefits and costs.2 For Moonbucks, that means evaluating the landscape proposal alongside drying improvements, storage controls and alternative sourcing arrangements.
The product’s natural-process designation matters. Moonbucks should examine the drying and dry-milling chain alongside land conditions. Its team would check storage practices, contamination risks and incoming-lot quality to see whether problems arise before or after the coffee leaves the farms.
The revised proposal might combine land stewardship with separate post-harvest controls. Each component needs its own purpose and budget. A sustainability label should not obscure which activity is expected to solve which problem.
The project develops as the evidence improves. Its scope should follow the diagnosis rather than preserve the first idea unchanged.
4. Establish what the carbon outcome could count toward
Moonbucks’ sustainability team now tests the proposed carbon case separately from the sourcing case. Is the objective a measurable change in Moonbucks’ value-chain emissions, verified credits for separate voluntary use, or distinct outcomes under carefully defined arrangements?
Scope 3 covers value-chain emissions. A purchasing relationship alone does not prove that a farm intervention can be included in Moonbucks’ inventory. The team needs an applicable accounting method, defensible boundaries and evidence supporting attribution.
SBTi’s FLAG Guidance (forest, land and agriculture), version 1.2, says purchased credits used as offsets cannot meet near-term FLAG or energy and industry targets. Eligible land-based removals are subject to accounting requirements.3 Moonbucks needs to test its proposal against those rules before including an outcome in its targets.
For Moonbucks’ Jimma proposal, maintaining existing trees and establishing new vegetation could involve different carbon questions. Specialists must examine the baseline and additionality, meaning what changes because the project proceeds. They must also assess measurement and the risk that stored carbon is lost. CCC’s MRV and additionality article introduces those tests.
Until that work is complete, Moonbucks should not budget an assumed Scope 3 reduction or credit-sale receipt. Direct emissions reductions remain the priority.
5. Build a financial case that survives weaker assumptions
Moonbucks’ finance team would now build a multi-year budget. UNEP’s State of Finance for Nature 2023 compares current finance with the investment needed to meet climate, biodiversity and land-restoration goals.4 The company would cost its proposed activities, farmer participation and ongoing monitoring. Verification, where required, is a separate expense. Maintenance and responsibility for replacing failed plantings must remain visible after the initial establishment budget ends.
Operational benefits need equally careful treatment. If fewer rejected lots reduce emergency purchasing, count that saving once. Do not add “supply resilience” as another financial benefit when it represents the same avoided cost.
Moonbucks should compare a base case with slower benefits, higher implementation costs and no carbon revenue. It should also distinguish production outcomes from quality and shipment outcomes. A single good harvest would not prove that the landscape intervention caused better delivery performance.
A project can remain worth funding even when its carbon case needs more work. That decision must rest on the operational evidence and the company’s objectives, without unsupported environmental claims.
6. Fund a pilot with a clear expansion decision
Moonbucks’ first approval would fund a bounded pilot, rather than commit the entire sourcing program. Before spending, Moonbucks would agree on participating farms, responsibilities and the evidence needed at review.
Its scorecard could track farmer participation, implementation costs and plant survival, alongside accepted coffee volumes and lot-quality results. Carbon measurements would follow the selected method. Farm-level traceability must connect the intervention to the actual sourcing relationship.
Suppose Moonbucks’ review later finds that storage changes explain most quality improvements, while the land measures need longer observation. Those findings would shape the next decision: expand the proven component, adjust the landscape work or pause further spending. They would not justify crediting all improvements to tree planting.
This gives nature-based carbon investments a practical place in a multi-year strategy. Funding increases as the evidence supports it, and the project can change direction before a larger commitment.
Discuss a sourcing opportunity with CCC
Carbon Credit Capital’s nature-based supply-chain investment service uses its Dual-Value Model to examine supply-chain economics alongside potential sustainability outcomes.
Schedule a consultation to discuss your sourcing exposure and the questions to resolve before allocating capital.
Sources
- Intergovernmental Panel on Climate Change (IPCC), Climate Change 2022: Mitigation of Climate Change, Chapter 7, Agriculture, Forestry and Other Land Uses, section 7.4.3.3 (Agroforestry).
- World Business Council for Sustainable Development (WBCSD), Nature-based Solutions Blueprint, 5 June 2024.
- Science Based Targets initiative (SBTi), Forest, Land and Agriculture Science-Based Target-Setting Guidance, version 1.2, March 2026, section 3.1.4, pp. 37–38.
- United Nations Environment Programme (UNEP), State of Finance for Nature 2023, 2023.
Carbon Footprint
How to buy plastic credits, and what to check before you do
A plastic credit funds the collection of plastic waste in places where no formal system exists to collect it. Each credit represents a measured, independently audited quantity of plastic taken out of the environment or returned to use, tracked on a public registry.
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Carbon Footprint
EU carbon credit claims after 27 September 2026
EU carbon credit claims changed on 27 September 2026, the day the Directive (EU) 2024/825 began to apply across the European Union. The change is narrow. It changes how a company can talk about the credits it buys. A product can no longer be called neutral on the strength of compensation alone; however, every specific, evidenced statement about what a company measured, reduced, and funded stays fully available.
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