Norilsk Nickel: Generating Returns Despite Weak Commodities Prices

Norilsk Nickel (OTCPK:NILSY) believes that current nickel spot prices are not sustainable. The nickel market showed low price elasticity in 2015, with production cuts coming mostly from Chinese nickel pig iron producers and a number of mines operating at neg...

Thursday, March 17, 2016

Output cuts halt nickel price fall, more mine closures needed

Nickel's freefall may have halted as output cuts move the chronically oversupplied market towards deficit, but prices are unlikely to recover sharply unless more loss-making mines close.

Thursday, March 17, 2016

Nickel in Deficit in 2016, but more Production Cuts Needed: Norilsk

[Ferro-Alloys.com]Major production cuts and a substantial draw-down of exchange inventory are needed to trigger a sustained price recovery in nickel, despite a likely market deficit this year, Russia's Norilsk Nickel said Tuesday.

Wednesday, March 16, 2016

FNI Eyeing a Second Nickel-ore Processing Plant to Hike Production

[Ferro-Alloys.com]GLOBAL Ferronickel Holdings Inc. (FNI) said over the weekend it plans to put up a processing plant in the country to add value to the nickel ore it extracts from its mining operations.

Wednesday, March 16, 2016

Nickel Prices Are Still Persistently Weak As Norilsk Keeps Production Up

[Ferro-Alloys.com]Few metals have confounded investors and market analysts more than nickel. Indonesia's ban and a perceived high cost base to China's nickel pig-iron market have, for some years, led many to believe a rise in prices was only just around the co...

Wednesday, March 16, 2016

New Caledonia to allow nickel exports to China, newspaper reports

New Caledonia will remove restrictions on the sale of nickel ore to China, according to a report in the Australian newspaper that cited no sources.

Tuesday, March 15, 2016

Palmer lists nickel demands

Clive Palmer's embattled north Queensland nickel refinery will only be saved if five demands are met, the businessman-turned-politician says.

Tuesday, March 15, 2016

Norilsk Nickel: Lossmaking Miners Must Cut Nickel Output

The Financial Times reported that Pavel Fedorov, vice president of major nickel producer Norilsk Nickel (MCX:GMKN), has warned that nickel prices are unlikely to rise unless “lossmaking producers start to shut mines and close production.”

Tuesday, March 15, 2016
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