May 17 - The latest report released by the World Metal Statistics Bureau (WBMS) shows that in March 2023, the global refined nickel production was 233,100 tons, and the consumption was 227,500 tons, a supply surplus of 5,600 tons. Global nickel ore production ...

Nickel Asia Corp. (NAC), the largest nickel producer in the Philippines, recently released its first quarter report. Its operating mines sold a combined 2.39 million wet metric tons (WMT) of metric ore. The company was also able to deliver 1.79 million WMT of ...

May 11 - China's GEM Co Ltd , a battery and material recycler, announced on Thursday a $500 million joint investment to build a nickel project in Indonesia.

The government has started to revoke the tax holiday for new Rotary Kiln-Electric Furnace (RKEF) nickel smelters under the consideration that high grade nickel ore processing plants are sufficient and do not need to get tax holiday facilities.

Lundin Mining Corporation reported production results for the first quarter ended March 31, 2023. For the quarter, the company reported nickel production of 3,724 tonnes against 4,281 tonnes a year ago, down 13.01%; and a month-on-month decrease of 9.08% from ...

Republican Senator Marcio Rubio on May 3 asked the Biden administration to investigate Ford Motor Co's decision in March to join PT Vale Indonesia and China's Zhejiang Huayou Cobalt as their new partner in a $4.5 billion nickel processing plant in Indonesia.

Speaking on Tuesday, May 2, at Fastmarkets’ Asian Battery Raw Materials Conference in Singapore, deputy of investment and mining coordination Septian Hario Seto said the Indonesian government was “not going to be issuing any new permits for NPI smelters in I...

The nickel market is facing a massive supply glut this year as surging Indonesian production continues to outpace global demand.