China to raise nickel pig iron output by up to 50pct in 2011

A sector that was once racing to build new supply has been closing mines and deferring projects as low prices bite into the cost curve.

Indonesia is now considering deep cuts to nickel mining quotas as it seeks to boost slumping prices of the metal.

BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline.

The French nuclear fuels company move comes in response to Niger's cancellation of Orano's subsidiary mining licence.