Struggling Queensland Nickel Vows to Pay Workers

The management of embattled miner Queensland Nickel on Thursday said it was doing all in its power to ensure the company remained afloat, despite rumors to the contrary.

Friday, January 8, 2016

LME May Expand Electronic Warehouse Tracking System Beyond Metals

The London Metal Exchange (LME) will include ores and metal products in a new electronic system for tracking material stored outside its registered warehouses and may later expand to other commodities, an executive said.

Tuesday, December 29, 2015

INSG: Global Nickel Surplus Decreasd to 6800t in October

[Ferro-Alloys.com] In Dec. 15th, The International Nickel Study Group published Tuesday that global nickel surplus shed to 6800t. During the first ten months, global nickel surplus is 67100t, accounting for 4 percent of the annual demand. Nickel oversupply dir...

Tuesday, December 15, 2015

No Decision yet on Queensland Nickel Assistance – Treasurer

The Queensland government has not made any decisions on whether to bail out embattled Queensland Nickel, Treasurer Curtis Pitt said this week. Queensland Nickel owner Clive Palmer had appealed to the government to provide “minimal assistance” to ensure the c...

Tuesday, December 15, 2015

Stockpiling, Probes and Coordinated Cuts in China

Nickel gained 2% climbing back above $9,000 a tonne on the LME, recovering from a 12-year low of $8,145 a tonne earlier this week while strong gains were also seen in tin, zinc and aluminum in London and Shanghai.

Friday, December 4, 2015

China’s Eight Nickel-Producers Agreed to Cut Output

[Ferro-Alloys.com] Since early 2015, nickel price plunged almost 50 percent whatever in China or international market and hit a decade low for the first time. About seventy percent of global nickel companies have been dragged into the hard period including Chi...

Friday, December 4, 2015

Nickel’s Hiatus May be Brief Without Output Cuts and Stronger Demand

Nickel’s spectacular fall since the middle of last year may have come to a halt, but without significant, enduring output cuts and stronger demand from China’s stainless steel mills the reprieve coule be brief.

Tuesday, December 1, 2015

JXTC to Cooperate with Meta in Nickel Areas

[Ferro-Alloys.com] In November 10, under the witness of Governor Lu of Jiangxi Province, Turkey Secretary of Energy & Mining Ministry and the President of Zorlu Group, Chairman and General Manager Zhong Xiaoyun signed a strategic cooperation ceremony about pro...

Monday, November 23, 2015
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