CME Group Inc, the world’s largest derivatives exchange, is not planning to launch a nickel contract to rival the London Metal Exchange (LME), Terry Duffy, chair and chief executive of the group, told the Financial Times on April 24.

Horizonte Minerals said on April 24 it was on track to begin production at its Araguaia nickel mine in northern Brazil in the first quarter of 2024.

Wyloo Metals Pty Ltd., a privately-held mining company owned by Australian billionaire Andrew Forrest, has secured control of nickel and gold explorer Mincor Resources (ASX: MCR) by locking in a 51.24% interest.

China silicon metal exports in March 2023 by country/region.

China magnesium metal exports in Jan-Mar 2023 by country/region.

China silicon metal exports in Jan-Mar 2023 by country/region.

China magnesium metal exports in March 2023 by country/region.

The 2306 ferrosilicon contract price on ZCE closed at 7370 yuan per ton on April 24.