LME May Expand Electronic Warehouse Tracking System Beyond Metals

The London Metal Exchange (LME) will include ores and metal products in a new electronic system for tracking material stored outside its registered warehouses and may later expand to other commodities, an executive said.

Tuesday, December 29, 2015

China Keeps to Import Much Ferronickel in November

[Ferro-Alloys.com] According to Custom’s Statistics, China imported ferronickel of 62581.866t in November, an increase of 159.9 percent year over year. From January to Novenber, China totally imported ferronickel of 625927.427t, an increase of 145.35 percent ...

Tuesday, December 29, 2015

Mining in 2016: Six Reasons to Be Cheerful

In our look back at 2015 we called it mining's annus horribilis.

Tuesday, December 29, 2015

US’s Nickel Scrap Exports Increase in October

According to the United States Department of commerce statistics, in October this year, US imported 2765 tons of nickel scrap,

Friday, December 18, 2015

INSG: Global Nickel Shortage Totals 400 tons in Oct

According to International Nickel Study Group (INSG), shortage in global nickel market was 400 tons in October compared to surplus of 8,500 tons in September.

Friday, December 18, 2015

18 Nickel Producers in China Plan to Cut Output by 80,000t in 2016

[Ferro-Alloys.com] In December 15, representatives from nickel industrial contact group, coupled with domestic nickel producers, held the first nickel commucation conference in Beijing. The proposal released that 11 main ferronickel makers pledged to cut produ...

Thursday, December 17, 2015

Moody’s Warns of ‘Deep and Long’ Commodity Price Downswing

Based on its revised, weaker global growth expectations for 2016, softening demand, the strength of the dollar and continued uncertainty surrounding metal demand in China, Moody’s Investor Service expects base metals prices to remain under pressure to the dow...

Tuesday, December 15, 2015

Glencore Shares Soar as Company Spurts Cash, Reports “Good” China Sales

The share price of Glencore soared more than 14% in Johannesburg after the diversified mining and marketing company told investors it would remain comfortably cash positive at materially lower commodity prices, had $14-billion liquidity headroom, beat its capi...

Tuesday, December 15, 2015
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