Indonesia, supplying more than a fifth of global exports, surprised the mining world in January by putting into effect an outright ban on nickel ore exports.

Nickel failed to hold its strong start to Monday’s trading as its recent rally ended with a wider realisation that any restrictions on ore from the Philippines are years from being implemented.

In 1H2014, nickel revenue of Norilsk Nickel declined 3% y-o-y to USD 2.1 billion. Though the average realized price recovered by 3% y-o-y, nickel sales revenue was negatively affected by a 4.5% y-o-y decrease in physical sales volume. Nickel remained the larg...

BINDURA Nickel Corporation (BNC) says the setting-up of a smelter is imminent as the mining firm is now in advanced talks with government to attain permission for the restart of the plant.

The nickel market enjoyed a bull run in the first quarter of this year following the Indonesian government’s hefty export tax on nickel ore exports resulting in a defacto ban. Overnight almost a third of global supply disappeared from the market and although ...

US investment bank Goldman Sachs said the refined nickel market has shifted from a major surplus in 2013 to a much smaller surplus in 2014, according to a research note Thursday, adding that prices are likely to continue to rally into 2015.

The nickel market enjoyed a bull run in the first quarter of this year following the Indonesian government’s hefty export tax on nickel ore exports resulting in a defacto ban. Overnight almost a third of global supply disappeared from the market and although ...

South Korean steel giant Posco announced to cut its domestic prices for austenitic stainless coils by 100,000 won/ton for August due to weak market conditions during summer holiday, in spite of higher nickel prices.