Western Areas Swings to A$20m Half-Year Loss

The falling nickel price has pushed Western Areas into an after-tax net loss of A$20-million for the six months ended December, compared with a net profit of A$23.6-million in the previous corresponding period.

Tuesday, March 1, 2016

MEPS: 2016 Global SS Output Be Record High

2016 global stainless steel output will increase by 2% to 42.30 million tons, a historical high, MEPS predicted. Previously, it forecasted 2015 global SS output below 41.50 million tons.

Tuesday, February 23, 2016

Jinchuan Capable of Five Carbonyl Ferronickel

After 13-year outstanding hardwork, Jinchuan has successfully developed five kinds of carbonyl ferronickel, the first time to make powdered alloy in this way.

Tuesday, February 23, 2016

Indonesia May Loose Nickel Ore Bans

Indonesian Minister of Energy Department made a statement on Feb 22nd that mining laws will be revised which may bring opportunities to loose the policies of banning nickel materials exports. But the revision has to be approved by the central government as wel...

Tuesday, February 23, 2016

2015 Columbian Annual Output of Nickel Ore Shed by 11% Y-O-Y

The Columbian National Mining Agency on February 17th published that annual nickel ore output shed by 11% to 80.80 million pounds (36700t) mainly influenced by the two-week long strike in Cerro Matoso, which owned by BHP Billiton.

Monday, February 22, 2016

Philippine Attempt to Stablize Nickel Ore Price

On purpose of stablising nickel ore price, Philippine Nickel Ore Association (菲律宾镍矿协会) claimed recently that nickel ore export in 2016 will be slash at least 20%, that the shipment time will be postponed compared to previous years, and that some high-gr...

Monday, February 22, 2016

Vale Posts Record Nickel Output Even as Prices Slump

Brazilian miner Vale produced record amounts of iron ore, nickel, copper, cobalt and gold as it battled a slump in global metals prices by boosting output in search of greater market share. Results, though, were below what some analysts expected even as they h...

Friday, February 19, 2016

Anglo Suffers Two Rating Downgrades

Credit ratings agency Fitch on Wednesday lowered Anglo American’s credit rating to junk status with a negative outlook, two days after Moody’s Investors Service made a similar assessment.

Friday, February 19, 2016
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