UK to ban Russian diamonds, copper, aluminium and nickel in Fresh Round of Sanctions

(Reuters) - Britain's Prime Minister Rishi Sunak plans to announce a ban on Russian diamonds and imports of metals from Russia including copper, aluminium and nickel in support for Ukraine, his government said in a statement.

Monday, May 22, 2023

FNI: plan to export 6.5 million wet metric tons of nickel ore

"We expect a year of increased production, focused operational execution, and additional exploration drilling at our mine sites. Specifically, we plan to export 6.5 million wet metric tons (WMT), including 5 million WMT from Cagdianao and 1.5 million WMT from ...

Monday, May 22, 2023

WBMS: A global surplus of 5,600 tons of refined nickel in March 2023

May 17 - The latest report released by the World Metal Statistics Bureau (WBMS) shows that in March 2023, the global refined nickel production was 233,100 tons, and the consumption was 227,500 tons, a supply surplus of 5,600 tons. Global nickel ore production ...

Friday, May 19, 2023

NAC Q1 nickel ore sales were stable

Nickel Asia Corp. (NAC), the largest nickel producer in the Philippines, recently released its first quarter report. Its operating mines sold a combined 2.39 million wet metric tons (WMT) of metric ore. The company was also able to deliver 1.79 million WMT of ...

Wednesday, May 17, 2023

China's GEM to build a nickel project in Indonesia

May 11 - China's GEM Co Ltd , a battery and material recycler, announced on Thursday a $500 million joint investment to build a nickel project in Indonesia.

Monday, May 15, 2023

Indonesia revokes tax holiday incentives for new nickel smelter

The government has started to revoke the tax holiday for new Rotary Kiln-Electric Furnace (RKEF) nickel smelters under the consideration that high grade nickel ore processing plants are sufficient and do not need to get tax holiday facilities.

Wednesday, May 10, 2023

Lundin Mining: 2023 Q1 nickel ore production down 13.01% year-on-year

Lundin Mining Corporation reported production results for the first quarter ended March 31, 2023. For the quarter, the company reported nickel production of 3,724 tonnes against 4,281 tonnes a year ago, down 13.01%; and a month-on-month decrease of 9.08% from ...

Monday, May 8, 2023

US Senator seeks probe of Ford Chinese partnership on Indonesia nickel processing plant

Republican Senator Marcio Rubio on May 3 asked the Biden administration to investigate Ford Motor Co's decision in March to join PT Vale Indonesia and China's Zhejiang Huayou Cobalt as their new partner in a $4.5 billion nickel processing plant in Indonesia.

Monday, May 8, 2023
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