Clive Palmer and the Nickel Refinery Collapse that Wasn't
Clive Palmer could walk away from the administration linked to his Queensland Nickel refinery without losing the assets and leave creditors out in the cold. |
Competition Tribunal Lifts Conditions on Zimco, Atlantis Merger
The Competition Tribunal has approved a request by South African industrial and base metals producer Zimco Group to lift certain conditions imposed by the Competition Commission in 2014, when it approved the merger of Zimco and lead anodes producer Atlantis Me... |
ICBC Standard Bank Names Mark Thompson Head of Base Metals Trading
ICBC Standard Bank has appointed Mark Thompson, a former executive at trading house Trafigure’s asset management business, head of its global base metals trading. |
Queensland Nickel Enters Voluntary Administration
The embattled Queensland Nickel on Monday announced that the company had gone into voluntary administration, as it struggled to stay afloat. |
Queensland Nickel Cuts 237 Jobs at Townsville
Embattled nickel miner Queensland Nickel on Friday announced that 237 workers would be made redundant at its Townsville operations. |
Nickel Prices Seems to Remain Uncertainty in 2016
Nickel prices is expected to rise sharply last year, but fell to 12-year low in the end of 2015. However, the situation has not been improved in beginning 2016, due to the sluggish market demand |
Nickel Price Slumps to 12-year Low
Reuters reported that the nickel price hit its lowest level in 12 years on Tuesday on the back of concerns about high inventories. As of Tuesday, refined nickel inventories on the LME MNISTX-TOTAL were sitting at 437,334 tonnes, having risen 11 percent in the ... |
Sherritt Braces for C$1.6bn Impairment of Nickel Assets
Nickel miner and refiner Sherritt International Corporation has cautioned the market of an expected $2.4 billion impairment of the Ambatovy joint venture (JV) assets, in Madagascar, citing lower forecast nickel prices. |
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