[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.
[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.
[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 (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...
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.
[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.
[Ferro-Alloys.com]GLOBAL Ferronickel Holdings Inc. (FNI) said over the weekend it plans to put up a processing plant in the country to add value to the nickel ore it extracts from its mining operations.
[Ferro-Alloys.com]Few metals have confounded investors and market analysts more than nickel. Indonesia's ban and a perceived high cost base to China's nickel pig-iron market have, for some years, led many to believe a rise in prices was only just around the co...