Column: New year, new nickel market after LME’s 2022 meltdown?
The LME contract has returned, but it is much diminished.
Global Commodities Holdings to launch nickel trade platform in February
The platform will be open to consumers, producers and merchants that are directly involved in the physical market.
Battery metal binge outweighs cost hikes at PolyMet copper-nickel project in Minnesota
Developing the first phase of the NorthMet open-pit operation about 100 km north of the Lake Superior port of Duluth is forecast at $1.2 billion.
Global Battery Metals to discontinue nickel-copper exploration in Michigan
The Vancouver-based miner said exploration activities at Sawyer Camp have not generated enough encouragement to justify the continued allocation of budget and effort.
Hedge funds lose court fight for LME disclosure of nickel crisis communications
The firms are challenging moves by the LME, which cancelled about $3.9 billion worth of trades on March 8.
Premium Nickel aims to re-open Selebi mine in Botswana
The Selebi south deposit has a resource of 11.28 million tonnes grading 0.98% nickel and 1.9% copper.
Nornickel mulls cutting output by 10% next year
The war in Ukraine has impacted the miner by disrupting logistics, insurance and shipping.
Canada Nickel acquires former Texmont nickel mine
The historic mine is situated between the company’s Deloro and Sothman properties south of Timmins, Ontario.
Nickel tycoon plans new plant to avoid future LME short squeezes
Tsingshan is building a plant in Sulawesi, Indonesia, to produce 50,000 tonnes of refined nickel a year.
Hedge funds say they lost $95 million in LME nickel crisis
A group of hedge funds led by AQR Capital Management on Friday applied to force LME to hand over information relating to two key phone calls.
