Mining People: Advanced Gold, Core Nickel, Japan Gold, North Arrow
Key moves in the mining sector.
Nickel price at two-month high as investors bet on price floor
Meanwhile, the Indonesian government said that EV producers shouldn't anticipate any significant recovery in prices.
Indonesia says its nickel supply will keep global prices low
Nickel prices plunged by around 45% last year, and dipped briefly below $16,000 a ton earlier this month.
Nickel-based electrode material opens doors to cobalt-free batteries
A new nickel-based electrode material opens new avenues to cobalt-free batteries for electric vehicles.
Glencore banks on Anuri mine to extend life of Raglan nickel-copper project
The Raglan project has proven and probable reserves of 31.9 million tonnes grading 2.12% nickel, 0.81% copper and 0.05% cobalt.
Indonesia mining ministry working to approve more nickel, tin quotas
Miners and smelting companies have been concerned by delays in the approvals.
Nickel faces existential moment with half of mines unprofitable
Nickel price fell 45% last year, and is currently hovering around $17,000 a ton.
Fortescue’s Forrest urges LME to separate ‘clean’ nickel contracts
Nickel is typically produced to higher environmental standards in Australia than in Indonesia.
Russian metals aluminum, nickel escape new US sanctions
Aluminum retreated as much as 1.1% on Friday, while nickel pared an earlier advance of as much as 1.2%.
Eramet in talks with France to offload debt from SLN nickel unit
Eramet, which has refused to inject more funds into SLN, aims to reach a deal in the coming weeks to remove some 320 million euros of debt.
