Nickel price rise: too much too soon says new report
Nickel prices are up by almost a third since the start of the year. That looks premature at best and, at worst, overdone says new report.
Nickel prices are up by almost a third since the start of the year. That looks premature at best and, at worst, overdone says new report.
Demand for nickel is increasing every year.
Follows Strategic Alliance between Tsingshan and Royal Nickel
Nickel prices have been weak, but the recent Indonesian government announcement banning ore shipments outside the country may be the shock that reverses the trend.
The reaction of the nickel price has been subdued and a new report suggests China may enter the political fray in Indonesia to protect its steel industry.
Top exporter Indonesia's ban on ore shipments largely off-set by record global stockpiles of ore and metal and rising mine output.
Against expectations of a last minute climbdown by authorities, Indonesia's nickel, bauxite and tin ore ban went into effect Sunday.
North American Nickel (NAN), a resource exploration and development company based in North Vancouver, Canada, recently initiated a three-day lecture series in Greenland and Denmark to inspire the next generation of potential miners.
Six questions for Roskill’s nickel analyst, Thomas Hohne.
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