[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...
After 13-year outstanding hardwork, Jinchuan has successfully developed five kinds of carbonyl ferronickel, the first time to make powdered alloy in this way.
Nickel settled down -1.36% at 572.70 amid slowing Chinese demand. Trade is expected to wane ahead of Lunar New Year, which will shut China for a week from Monday.
Axiom Mining (ASX:AVQ) is edging closer to a milestone first shipment of nickel ore form the Isabel project in the Solomon Islands during Q1 2016 as a A$10 million financing facility and long-term offtake deal unfold.
The falling nickel price is heaping pressure on BHP Billiton's Nickel West business, which will increase imports of concentrate to sustain its operations after a string of local mine closures.
Nickel prices is expected to rise sharply last year, but fell to 12-year low in the end of 2015. However, the situation has not been improved in beginning 2016, due to the sluggish market demand