The Western Australian government has unveiled a A$15-million interest-free loan initiative aimed at supporting the state’s embattled nickel sector, as improving prices and sentiment offer hope for a recovery.

The Western Australia Government has announced that it will allocate $15 million for interest-free loans to help the state’s nickel miners in operation

Nickel prices have been on an explosive rally as the market bets that Indonesia

Indonesian production is now central to the outlook for nickel prices next year.

Canadian miner Lundin Mining has agreed to sell its Eagle nickel/copper mine and Humboldt mill in the US to Talon Metals in a share-based transaction that will create a pure-play American nickel/copper company

Australian metals miner Alliance Nickel said on Friday that automaker Stellantis had terminated its binding offtake agreement for nickel

The buyer will also pay Pacific Nickel a 1% royalty on nickel ore shipped from Kolosori, provided that monthly shipments exceed 170 000 t and benchmark prices on the Shanghai Metals Market average above $72/t.

Brazilian mining giant Vale has canceled its planned USD 231 million nickel sulfate plant project in the Canadian province of Quebec