LME partner Metalshub plans for ‘green’ nickel price
The London Metal Exchange (LME) does not plan to launch a separate “green” nickel contract because the market is not large enough, but said its partner was developing an index price that will reflect demand for low carbon nickel.
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Nickel price extends slump on Indonesian glut as metals hit by Fed
Nickel extended a year-long slump as rising Indonesian supplies help create a glut, while other base metals declined on reduced bets that the Federal Reserve will cut interest rates next month.
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Australian mining group pushes govt for tax credit as lithium, nickel prices slump
An Australian mining association has called for a new production tax credit during meetings with senior ministers called as nickel and lithium miners curtail projects and review new mines in response to a global slump in prices.
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Nickel price crash seen extending Indonesia’s grip on supply
A prolonged slump in nickel prices is stress-testing producers worldwide, raising the prospect of sweeping mine closures that will deepen Indonesia’s dominance of global supply.
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Nickel prices keep slumping even as mines close
Nickel futures continued to edge lower on the London Metal Exchange, despite a slew of announcements by companies cutting production in response to a collapse in prices.
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Indonesia’s nickel prices surge amid probe into mining approvals
Mining News Pro - Prices of nickel ore in top global producer Indonesia have surged about 10% in recent weeks, say local buyers, after an investigation into mining quotas disrupted production of the metal used in stainless steel and batteries.
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Chinese stimulus, lower supply from Russia to keep nickel prices high
Mining News Pro - Nickel prices will edge higher in Q322 as Chinese stimulus measures improve the demand outlook and the Russia- Ukraine war continues to disrupt supply, before falling towards the end of the year as refinery output ramps up, market analyst Fitch Solutions forecasts in its latest industry report.
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Nickel price back to where it started before March chaos
Mining News Pro - Nickel futures finally tumbled back below the level where the London Metal Exchange market closed March 4, the last trading day before prices exploded upwards in an unprecedented short squeeze.
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Volkswagen reaps unexpected $3.8 billion windfall on nickel price spike
Mining News Pro - Volkswagen AG’s commodity trading profits are outshining carmaking earnings after the company’s nickel hedging position surged in value following last month’s historic short squeeze.
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Nickel price climbs in thin trading as investors weigh supply risks
Mining News Pro - Nickel jumped on thin volumes in London, leading metals higher as traders weigh risks to supply arising from the war in Ukraine.
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LME nickel price limps back but tensions are not going away
Mining News Pro - London Metal Exchange (LME) three-month nickel is currently trading at $35,150 per tonne.
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Nickel price spike “purely financial” but Tsingshan effect could linger
Mining News Pro - After a chaotic couple of days that saw the price spiking 250% to a high of $101,365 a tonne, nickel trading remains suspended in London. The LME has announced it is unlikely to restart before Friday.
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Nickel price surge may have Vale reworking its base metal calculations
Mining News Pro - There’s one simple reason why Vale SA was one of the few shining lights among major Brazilian shares Monday, nickel.
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Copper, nickel prices spike as Europe scrambles for metal
Mining News Pro - On Wednesday, copper prices continued to rise with May futures jumping to a high of $4.7050 a pound ($10,373 a tonne) in New York, levels last seen during the bellwether metal’s October spike – in sight of record territory.
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Vale maintains positive outlook for iron ore, nickel prices
Mining News Pro - Brazilian miner Vale SA on Thursday said it maintained “positive” expectations for the price of iron ore and nickel in the long term, two of its key products, after reporting quarterly earnings that beat analyst expectations.
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Nickel price hits decade high as Ukraine tensions fuel supply concerns
Mining News Pro - Nickel rose to $25,000 a ton for the first time since 2011, extending a rally driven by dwindling global inventories and concerns that Ukraine tensions could disrupt supplies from key producer Russia.
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Nickel price highest in 3 weeks as US talks of Russian invasion of Ukraine
Mining News Pro - Nickel rose to the highest in more than three weeks after a senior U.S. diplomat said that Russia appeared to be moving toward an invasion of Ukraine, raising concerns about disruption to exports.
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Nickel price bulls gamble on tight LME supplies
Mining News Pro - Nickel traders fretting about supplies on the London Metal Exchange have driven up prices of the metal used in electric vehicle batteries and stainless steel to their highest in more than 10 years.
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Nickel price storms to 10-year peak on supply worries
Mining News Pro - Nickel price surged to the highest in a decade on Wednesday as investors bet automakers will have to scramble to secure supplies for their electric vehicle batteries as inventories dwindle.
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Nickel price hits highest in a month with inventories close to record lows
Mining News Pro - The nickel price rose on Monday to their highest level in more than one month, with inventories hovering close to record lows.
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Nickel price hit highest in a month with inventories close to record lows
Mining News Pro - Nickel price rose on Monday to their highest level in more than one month, with inventories of the metal hovering close to record lows.
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Nickel prices seen falling in 2022 due to surplus
Mining News Pro - Nickel prices in 2022 are seen falling from this year’s multi-year highs, Chinese research house Antaike said on Tuesday, with the global market expected to swing into a surplus as production recovers from pandemic disruptions.
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Nickel price surges to highest in seven years as supply dwindles
Mining News Pro - Nickel surged to a seven-year high in London amid concerns that there’ll be less supply of the key industrial metal to meet resilient demand from economies reopening as the pandemic retreats.
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Nickel price surges to highest in seven years as supply dwindles
Mining News Pro - Nickel surged to a seven-year high in London amid concerns that there’ll be less supply of the key industrial metal to meet resilient demand from economies reopening as the pandemic retreats.
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Nickel price shrugs off Vale Onça Puma halt after court order
Mining News Pro - Vale reported on Monday that it has once again halted operations at its Onça Puma nickel mine after the state of Pará, Brazil, obtained a court order to reinstate the suspension of the venture’s operating license.
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