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In 2024, Nornickel expect the nickel market to sustain a surplus of around 100 kt Ni (vs 190+ kt forecasted for the year in the previous issue of our report), with the most of it still represented by low-grade nickel.

In a significant move to harness the benefits of the green revolution, the Zimbabwean government has announced that construction for Phase 1 of the Mapinga Mines to Energy Industrial Park will commence in June.

Wyloo Metals, the privately held battery resources unit of Australia iron ore baron Andrew Forrest, has entered into a memorandum of understanding (MOU) with the City of Sudbury in Ontario to secure a parcel of land to build a downstream battery materials proc...

The London Metal Exchange (LME) has approved the listing of the first Indonesian brand which can be delivered against the exchange’s primary nickel contract, it said on Thursday, strengthening the selling power of the world’s largest miner.

The French government on Monday promoted a private sector plan to develop a nickel and cobalt refinery near Bordeaux to reinforce the country’s supply chain for electric vehicle batteries and reduce its reliance on China.

More Chinese nickel is expected to flow overseas after the London Metal Exchange banned new Russian supplies, according to Mysteel Global.

US and British sanctions imposed on Russian nickel, copper and aluminum will further increase price volatility and supply uncertainty, Russian metals-producing giant Norilsk Nickel said on Tuesday.

Washington and London on Friday prohibited metal-trading exchanges from accepting new aluminum, copper and nickel produced by Russia and barred the import of the metals into the US and Britain.