Japan’s Sumitomo Metal says global nickel deficit to widen this year
Global demand for nickel is increasing by 7.3 percent in 2018 from last year to 2.298 million tonnes, while supply rises 6.8 percent to 2.210 m tonnes,
The government of Afghanistan announced Friday its preferred bidders for three of its four current mineral tenders, with a consortium backed by City of London banker Ian Hannam, former BHP Billiton CEO Chip Goodyear and Poland’s multibillionaire Jan Kulczyk, emerging as the biggest winner.
After months of polemic and legal battles, Australian rare earths miner Lynas (ASX:LYC) has finally begun production at its Malaysian processing plant following a recent court triumph.