Nickel Investors Beware, the Pig Iron Shortage Could Be a Myth

The nickel market enjoyed a bull run in the first quarter of this year following the Indonesian government’s hefty export tax on nickel ore exports resulting in a defacto ban. Overnight almost a third of global supply disappeared from the market and although ...

Friday, August 29, 2014

Goldman Sachs Sees Nickel Price Rally Continuing into 2015

US investment bank Goldman Sachs said the refined nickel market has shifted from a major surplus in 2013 to a much smaller surplus in 2014, according to a research note Thursday, adding that prices are likely to continue to rally into 2015.

Friday, August 29, 2014

Western Areas Wants Future Customers to Help Develop New Projects

Nickel miner Western Areas has told bidders for its product that it would prefer a customer who can help it develop new mines, as the race for a looming supply contract heats up.

Thursday, August 28, 2014

Nickel Investors Beware, the Pig Iron Shortage Could Be a Myth

The nickel market enjoyed a bull run in the first quarter of this year following the Indonesian government’s hefty export tax on nickel ore exports resulting in a defacto ban. Overnight almost a third of global supply disappeared from the market and although ...

Thursday, August 28, 2014

The BHP show obscures Australian mining's deeper problems

In a trenchant piece for Trading Floor Adam Courtenay argues that with all the focus being placed on BHP's spinoff of what it now considers non-core operations, the Australian industry is losing sight of much more fundamental issues:

Thursday, August 21, 2014

Indonesia Ban on Nickel Ore, Bauxite Exports to Stay - Officials

Indonesia has no plans to wind back a seven-month old ban on exports of unprocessed nickel ore and bauxite that has led to billions of dollars in planned investments in smelters, top government officials said.

Tuesday, August 12, 2014

POSCO Cuts Stainless Steel Prices for August Despite of Higher Nickel Price

South Korean steel giant Posco announced to cut its domestic prices for austenitic stainless coils by 100,000 won/ton for August due to weak market conditions during summer holiday, in spite of higher nickel prices.

Tuesday, August 5, 2014

Freeport to soon restart exports from Indonesia as gov’t offers tax cuts

After over six-month of heated debate over restrictions on mineral exports imposed by Indonesia in January, the newly elected government is offering mining companies in some tax cuts ton settle the dispute.

Monday, July 28, 2014
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