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Nickel in Deficit in 2016, but more Production Cuts Needed: Norilsk

[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.

Wednesday, March 16, 2016

FNI Eyeing a Second Nickel-ore Processing Plant to Hike Production

[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.

Wednesday, March 16, 2016

Nickel Prices Are Still Persistently Weak As Norilsk Keeps Production Up

[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...

Wednesday, March 16, 2016

Bauba Platinum expects higher half year earnings

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.

Wednesday, March 16, 2016

Silicon Metal Price Shoot Up in China

[Ferro-Alloys.com]Because of the shortage of finished materials and the strong demand from downstream market, the price for silicon metal is shooting up day by day.

Wednesday, March 16, 2016

0.6 Million Ton Capacity Project of Guizhou Jinyuan Company Will Put into Production

[www.ferro-alloys.com] Guizhou Jinyuan Company, which is a large silicon manganese producer, has invested 3 billion China Yuan to set up a 0.6 million ton capacity project since December of 2014. It will put into production in the end of 2016 according to plan...

Wednesday, March 16, 2016

Norilsk Nickel: Lossmaking Miners Must Cut Nickel Output

The Financial Times reported that Pavel Fedorov, vice president of major nickel producer Norilsk Nickel (MCX:GMKN), has warned that nickel prices are unlikely to rise unless “lossmaking producers start to shut mines and close production.”

Tuesday, March 15, 2016

Palmer lists nickel demands

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

Tuesday, March 15, 2016
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