According to International Nickel Study Group (INSG), shortage in global nickel market was 400 tons in October compared to surplus of 8,500 tons in September.
[Ferro-Alloys.com] In December 15, representatives from nickel industrial contact group, coupled with domestic nickel producers, held the first nickel commucation conference in Beijing. The proposal released that 11 main ferronickel makers pledged to cut produ...
Based on its revised, weaker global growth expectations for 2016, softening demand, the strength of the dollar and continued uncertainty surrounding metal demand in China, Moody’s Investor Service expects base metals prices to remain under pressure to the dow...
The share price of Glencore soared more than 14% in Johannesburg after the diversified mining and marketing company told investors it would remain comfortably cash positive at materially lower commodity prices, had $14-billion liquidity headroom, beat its capi...
The economics of the Nova nickel project, in Western Australia, have been further improved following an optimisation study. ASX-listed Independence Group reported on Monday that the project’s net present value had increased by 36% compared with the 2014 defin...
[Ferro-Alloys.com] In Dec. 15th, The International Nickel Study Group published Tuesday that global nickel surplus shed to 6800t. During the first ten months, global nickel surplus is 67100t, accounting for 4 percent of the annual demand. Nickel oversupply dir...