Nornickel cuts estimate of 2022 global palladium deficit
It expects a global palladium market deficit of 100,000 ounces and a global nickel market surplus of 37,000 tonnes in 2022.
Horizonte kicks off construction of Araguia nickel mine in Brazil
The Araguaia nickel mine in northern Brazil is set to produce 29,000 tonnes of the battery metal a year for the steel market.
China CNGR expands nickel investments in Indonesia to meet EV demand
CNGR Advanced Material will invest in three new projects in Indonesia to produce nickel matte.
Column: Nickel demand boomed in 2021; this year it will be supply
Surplus or deficit? In nickel's current fractured state it could be both this year, writes Andy Home.
Indonesia’s Jokowi meets Tesla’s Musk after nickel talks
The meeting between Musk and Widodo came after a round of discussions on a potential investment in Indonesia's nickel industry.
LME targets off-exchange trades as nickel chaos spurs reform
The London Metal Exchange plans to force members to regularly report details of their over-the-counter metals positions, substantially expanding its market surveillance capabilities.
Nickel tycoon has cut big short position by more than half
Xiang Guangda bought contracts in the market to reduce his short bet by about 10,000 lots, or 60,000 tonnes, mainly in the last two weeks.
Nornickel is first Russian firm to get OK to keep listing abroad
The approval has been needed since President Vladimir Putin April signed a bill requiring Russian companies to delist their depositary receipts abroad.
Covid-19 outbreak hobbles Chinese demand for cobalt, nickel, lithium
Parts of the new-energy sector concentrated in the Yangtze Delta and southeastern China had been affected severely.
GRAPH: Nickel, graphite make up half Tesla’s battery emissions
Nickel’s contribution is greater than cathode and cell assembly combined, says Tesla’s new ESG report, but cobalt’s impact is minimal.
