Anglo American targets deal for Brazil nickel mines in H1 2025
The Barro Alto and Niquelandia mines have attracted interest of bidders from “different nationalities and backgrounds,” says its CEO in Brazil.
The global nickel market deficit narrowed to 200 tonnes in April compared with a shortfall a month earlier of 8,900 tonnes, data from the International Nickel Study Group (INSG) showed on Wednesday.
During the first four months of the year, the global market was in a deficit of 8,100 tonnes compared with a deficit of 63,900 tonnes in the same period of 2021, Lisbon-based INSG added.
[Click here for an interactive chart of nickel prices]
Data below in thousands of tonnes.
April | March | Jan-April 2022 | Jan-April 2021 | |
Mine production | 260.0 | 235.1 | 941.3 | 802.3 |
Refined production | 242.8 | 237.2 | 934.7 | 824.9 |
Refined Usage | 243.0 | 246.0 | 942.8 | 888.8 |
Balance | -0.2 | -8.9 | -8.1 | -63.9 |
(By Eric Onstad; Editing by Shinjini Ganguli)
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