latest news in nickel production

U.S. Nickel Breakthrough: 72% Pure Alloy Could Transform Battery Supply Chains

U.S. Nickel Breakthrough: 72% Pure Alloy Could Transform Battery Supply Chains

Las Vegas, Wednesday, 24 June 2026.
First Atlantic Nickel has achieved a historic milestone by producing a 71.9% nickel and 1.76% cobalt alloy concentrate in Minnesota, the highest purity onshore in the U.S. This breakthrough, powered by a proprietary magnetic extraction process, could slash reliance on foreign smelters and fast-track domestic battery material production. With the U.S. Defense Department already backing the project, this innovation arrives as Congress passes legislation to prioritize critical mineral investments—positioning the company at the heart of America’s clean energy transition.