Harita Nickel to soon kick off $650 million Indonesian IPO
The nickel industry sits at the heart of President Joko Widodo’s vision of developing an electric-vehicle supply chain onshore.
The nickel industry sits at the heart of President Joko Widodo’s vision of developing an electric-vehicle supply chain onshore.
Rusal had proposed replacing current chairman Andrei Bugrov with independent director.
BHP expects global copper and nickel supplies to remain below demand as few new mines for either metal are coming online in the near future.
The 146-year old exchange is fighting to mend its reputation amid a host of lawsuits, vigorous action by regulators and struggling volumes.
AQR and DRW Commodities alongside others are seeking around £80 million, according to the LME.
The suspension on March 8 came after prices doubled to more than $100,000/t in a matter of hours
Company says it puts it into the league of the largest undeveloped nickel deposits in the world.
Trafigura sold cargoes of nickel it now believes may not have contained any of the metal to buyers.
The global nickel market flipped from deficit to surplus over the course of 2022.
The value of Indonesia’s nickel exports surged tenfold in five years after it forced buyers to set up refineries in the country.
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