Deadly landslide in Indonesia’s nickel hub signals supply risk
At least two workers were killed after an accident at the Morowali Industrial Park on Sulawesi island.
At least two workers were killed after an accident at the Morowali Industrial Park on Sulawesi island.
Company is preparing for a busy year of exploration at its Oval nickel-copper project following a high-grade discovery last year.
Access World loaded out 24 tons of nickel cathodes from the warehouse between Oct. 18 and Nov. 16, 2022, apparently due to human error, the LME said.
The venerable 148-year old London Metal Exchange has just made it into the history books for the wrong reasons.
Elliott lost a lawsuit against the exchange for cancelling billions of dollars of nickel trades after the price hit a record above $100,000 a tonne in March 2022.
Britain's financial regulator fined the LME for allowing nickel prices to surge out of control three years ago.
Nornickel is in talks on a joint venture in China, with potential investments included in early financial plans for 2025-2026.
Advances made by Chinese firms have seen the metal being displaced by cheaper battery chemistries.
The discovery hole averaged 0.25% nickel and 0.28% chromium over the entire 293.8-metre length.
A subsidiary of China’s Zhejiang Huayou will manage the construction of the new HPAL plant.
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