The London Metal Exchange (LME) today announces the successful launch of LMEshield, the new electronic warehouse receipt system for the global commodities market. The first receipt was issued by Henry Bath & Son Ltd on behalf of BNP Paribas Arbitrage SNC.

“The User Committee is an integral and unique part of the way the LME operates,” says Garry Jones, LME CEO. “It acts as a sounding board on LME services for the Exchange’s users, and advises the LME on strategic issues.”

According to the statistics released by the U. S. Department of Commerce, the export result of nickel scrap in February 2016 was 2,549 tons,

Hundreds of workers retrenched at Queensland Nickel’s (QN) Yaulu refinery remain in limbo, without jobs or entitlements, despite schemes being proposed by the owner, mining magnate Clive Palmer, and an investment group to eventually reopen the facility.

On Tuesday 15 March, Dr Steven Miles, Minister for Environment and Heritage Protection, introduced the Environmental Protection (Chain of Responsibility) Amendment Bill (“the Bill") into the Queensland Parliament. In introducing the Bill, the Minister refer...

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...

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.

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