Nickel demand growing thanks to EV boom
The need for nickel is starting to rise at a time when its price is too low to incentivize new project development.
The need for nickel is starting to rise at a time when its price is too low to incentivize new project development.
Indonesian state miner PT Aneka Tambang (Antam) targets to start operation of its ferronickel smelter in East Halmahera in the second half of this year.
In 2019, Sherritt's Moa JV is expected to produce between 31,000 and 33,000 tonnes of finished nickel and between 3,300 and 3,600 tonnes of finished cobalt.
The global palladium market deficit is forecast at 800,000 ounces compared with 600,000 ounces in 2018.
Tighter emissions rules are “outweighing the weakness in global auto sales and the growing threat from EV's.
Panoramic Resources' first shipment from the Savannah mine contained 7,735 wmt of nickel/copper/cobalt concentrate valued in approximately $6.1 million.
The company’s share of finished nickel production at the Moa joint venture (JV) in Cuba and Saskatchewan, Canada was 4,294 tonnes, up 4% from last year.
South32 produces nickel from ferronickel in an open pit mine near the municipality of Montelibano, in the western department of Cordoba.
Was it another false dawn for the nickel market?
Benchmark's MD Simon Moore told the Senate Committee on energy that 70 battery megafactories are in global production – up from 17 .