Philippines may tax nickel exports to follow Indonesia’s success
Indonesia and the Philippines are the world’s biggest suppliers of nickel.
Indonesia and the Philippines are the world’s biggest suppliers of nickel.
The new inferred resource estimate raised tonnage by 62% compared with figures from 2021.
Nickel volumes on the LME crashed 28% last year from 2021.
Nickel and palladium production is expected to fall due to planned refurbishment at Nadezhda metallurgical plant.
SPC believes that the West Graham and Crean Hill 3 deposits constitute the eastern and western portions of a large, near-surface nickel-copper sulphide deposit.
Potanin was placed on a US sanctions list as part of wider measures targeting people close to Vladimir Putin.
Nornickel has proposed slashing its annual dividend for 2022 to $1.5 billion from the $6.3 billion paid out for 2021.
The Indonesian conglomerate is looking to acquire a nickel mine in the resource-rich island of Sulawesi.
Earlier this year, Tesla signed its first US nickel supply deal with Talon.
Trading volumes at the LME have been slowly declining primarily due to increased competition from the OTC markets.
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