Major PH nickel ore miner may hike output as prices recover
The Philippines’ second-biggest nickel ore miner, Global Ferronickel Holdings, Inc. may boost its output if nickel prices sustain a rebound from decade-lows amid signs of a recovery in China’s economy, company officials said on Friday. |
Canada Sherritt’s Nickel Production is Expected to Increase in 2016
[Ferro-Alloys.com]According to Canada Sherritt report showed that the Madagascar Ambatovy capacity utilization has increased significantly, those for finished nickel production totaled 80976 tons in 2015, an increase of 14% year on year. |
Axiom Mining Loses Solomon Islands Nickel Court Battle to Sumitomo
[Ferro-Alloys.com]A small Australian mining company has been stripped of its rights to one of the Pacific's biggest greenfield nickel laterite deposits, after a decision by the Solomon Islands Court of Appeal. |
Fresh Selling Seen in Nickel, Open Interest up by 12.66%
[Ferro-Alloys.com]Nickel on MCX settled down -2.69% at 574.1 tracking weakness in LME nickel prices ceded 2.8 percent to $8,660. Meanwhile, China's home prices rose in February at their fastest clip in almost two years thanks to red-hot demand. |
Queensland Nickel Workers Hope to Take Control of the Collapsed Business
[Ferro-Alloys.com]RETRENCHED employees behind a creditor-worker buyback plan for collapsed Yabulu nickel refinery are continuing to work on a proposal to take control of the business. |
Norilsk Nickel: Generating Returns Despite Weak Commodities Prices
Norilsk Nickel (OTCPK:NILSY) believes that current nickel spot prices are not sustainable. The nickel market showed low price elasticity in 2015, with production cuts coming mostly from Chinese nickel pig iron producers and a number of mines operating at neg... |
Output cuts halt nickel price fall, more mine closures needed
Nickel's freefall may have halted as output cuts move the chronically oversupplied market towards deficit, but prices are unlikely to recover sharply unless more loss-making mines close. |
Nickel in Deficit in 2016, but more Production Cuts Needed: Norilsk
[Ferro-Alloys.com]Major production cuts and a substantial draw-down of exchange inventory are needed to trigger a sustained price recovery in nickel, despite a likely market deficit this year, Russia's Norilsk Nickel said Tuesday. |
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