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Nickel Prices Seems to Remain Uncertainty in 2016

Nickel prices is expected to rise sharply last year, but fell to 12-year low in the end of 2015. However, the situation has not been improved in beginning 2016, due to the sluggish market demand

Friday, January 15, 2016

Nickel Price Slumps to 12-year Low

Reuters reported that the nickel price hit its lowest level in 12 years on Tuesday on the back of concerns about high inventories. As of Tuesday, refined nickel inventories on the LME MNISTX-TOTAL were sitting at 437,334 tonnes, having risen 11 percent in the ...

Thursday, January 14, 2016

Indonesian Gov Would Postpone Its Concentrate Ban

A few days ago, Sudirman, the minister of Energy and Mineral Resources Department in Indonesia, claimed that the government would relax its regulations on concentrate export but maintain the original ore ban.

Thursday, January 7, 2016

China Keeps to Import Much Ferronickel in November

[Ferro-Alloys.com] According to Custom’s Statistics, China imported ferronickel of 62581.866t in November, an increase of 159.9 percent year over year. From January to Novenber, China totally imported ferronickel of 625927.427t, an increase of 145.35 percent ...

Tuesday, December 29, 2015

US’s Nickel Scrap Exports Increase in October

According to the United States Department of commerce statistics, in October this year, US imported 2765 tons of nickel scrap,

Friday, December 18, 2015

INSG: Global Nickel Shortage Totals 400 tons in Oct

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.

Friday, December 18, 2015

18 Nickel Producers in China Plan to Cut Output by 80,000t in 2016

[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...

Thursday, December 17, 2015

Segue Resources Drilling Improves Nickel Potential at Salt Creek

The latest exploration at Salt Creek – which included two traverses of aircore drilling to follow up detailed survey work at two coincident gravity and magnetic features – intersected three zones of mafic intrusive rocks that appear to be largely coincident ...

Friday, December 11, 2015
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