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.
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...
Plans are on track to separate into two independent, publicly traded companies in the second half of 2016, according to a statement Tuesday. Alcoa's so-called downstream segments produce car parts, airplane wings and other high-performance products from the me...
[Ferro-Alloys.com]Major production cuts and a substantial draw-down of exchange inventory are needed to trigger a sustained price recovery in nickel, despite a likely market deficit this year, Russia's Norilsk Nickel said Tuesday.
[Ferro-Alloys.com]GLOBAL Ferronickel Holdings Inc. (FNI) said over the weekend it plans to put up a processing plant in the country to add value to the nickel ore it extracts from its mining operations.
[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...
The start-up of Bauba Platinum’s Moeijelijk chrome project, in the North West, has contributed to an increase in earnings per share and headline earnings per share.