Nickel revolution has Indonesia chasing battery riches tinged with risk
The new HPAL projects, and the surge of inexpensive metal from a country whose deposits have long been unloved by major producers, could push the market into oversupply.
The new HPAL projects, and the surge of inexpensive metal from a country whose deposits have long been unloved by major producers, could push the market into oversupply.
MINING.COM’s EV Metal Index surged to just under $27 billion in 2022 thanks to surging lithium and nickel prices, but January saw a 50% month-on-month drop.
Prices jumped on Friday as inventories in warehouses linked to the Shanghai Futures Exchange slid to the lowest since July last year.
Decision follows "encouraging" results from the first exploration program of 2023 at Bluejay's Enonkoski nickel project.
Glencore among investors as commodity producers lead record listing pipeline for south-east Asian economy.
Nickel will finally open again at 1 a.m. London time, more than a year after the LME suspended trading and canceled billions of dollars worth of deals.
Access World is leaning toward the theory that someone sneaked into the LME-registered warehouse to steal the nickel.
Production from top supplier Indonesia jumped 41% in January, compared to last year.
Warehouse operators registered in the LME network have inspected all their inventories of bagged nickel without discovering any more issues.
Rusal wishes to "bring certain further claims" against Potanin and his affiliate Whiteleave Holdings.