Nickel prices rose for a fourth straight day Wednesday after Indonesia ordered the world’s largest nickel mine to sharply cut output in a move aimed at tightening global supply and lifting prices.

Sherritt International (TSX: S; US-OTC: SHERF), a Toronto-based miner whose fortunes are closely tied to Cuba via its Moa nickel-cobalt mine, is facing uncertainty amid a deepening fuel crisis on the island.

London-listed URU Metals has appointed GF International to undertake a combined ground gravity and frequency-domain electromagnetic survey over two priority targets at its Zeb nickel project, near Mokopane, Limpopo, South Africa.

Canada Nickel Announces Initial Resources at Mann Central and Texmont

DMCI expects to ship between 2.5 million and 3 million tons of ore next year, with China remaining its main market.

Turkish CoreX Holding intends to acquire nickel assets worth $2 billion

Indonesia is reviewing its annual nickel ore mining quota, seeking to prevent further price falls, Energy and Mineral Resources Minister Bahlil Lahadalia told reporters on Friday.

In November 2024, China's nickel ore imports decreased by 16.13% year-on-year