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.

Monday, January 25, 2016

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...

Friday, January 22, 2016

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.

Tuesday, January 19, 2016

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.

Tuesday, January 19, 2016

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.

Monday, January 18, 2016

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

Friday, January 15, 2016

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 ...

Thursday, January 14, 2016

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.

Thursday, January 14, 2016
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