Brazilian Nickel begins production at Piauí nickel-cobalt laterite project
The first nickel hydroxide product was produced from the world’s first stand-alone nickel laterite heap leaching operation.
The first nickel hydroxide product was produced from the world’s first stand-alone nickel laterite heap leaching operation.
Hedge fund Elliott Associates and Jane Street Global Trading are suing the London Metal Exchange for up to $500 million after the LME cancelled nickel trades on March 8 when prices soared to record highs above $100,000 a tonne in chaotic trade.
“It is increasingly clear that concerns about demand are taking precedence over supply issues in the metals markets”.
The company currently holds 791,227 treasury shares after last year's buyback.
The exchange is looking into the detail of the sanctions and what it may mean for itself, its participants, and Norilsk brands.
Sanctions on Russia’s second richest man and president of Nornickel, target Vladimir Putin’s inner circle, the UK government said.
Tsingshan Holding Group’s inability to pay its margin calls to its banks and brokers was among the main drivers of a 250% surge in prices in early March.
Widgie Nickel emerged from a trading halt Monday to rocket higher after the Perth-based company released assays from its Mt Edwards Project in Western Australia.
The exchange suspended nickel trading on March 8 after prices spiked by more than 50% to hit $100,000 a tonne.
The MacLean battery electric vehicle (BEV) fleet at Onaping will consist of support vehicles for explosives charging, secondary reduction, shotcrete spraying, concrete transport, and utility vehicles.