The buyer will also pay Pacific Nickel a 1% royalty on nickel ore shipped from Kolosori, provided that monthly shipments exceed 170 000 t and benchmark prices on the Shanghai Metals Market average above $72/t.

Brazilian mining giant Vale has canceled its planned USD 231 million nickel sulfate plant project in the Canadian province of Quebec

London-listed URU Metals has appointed GF International to undertake a combined ground gravity and frequency-domain electromagnetic survey over two priority targets at its Zeb nickel project, near Mokopane, Limpopo, South Africa.

Western Australia-focused Lunnon Metals said on Monday that its Baker and Foster nickel sulphide projects remained potentially viable operations

Canada Nickel Announces Initial Resources at Mann Central and Texmont

DMCI expects to ship between 2.5 million and 3 million tons of ore next year, with China remaining its main market.

Turkish CoreX Holding intends to acquire nickel assets worth $2 billion

Nickel prices have remained stable this year at $15 000 to $16 000 per ton