Australian Department of Industry: Global nickel consumption is expected to reach 3.2 million tons in 2026

China Nickel ores imports in April 2021.

China Nickel ores imports in Jan-Apr 2021.

Australia’s Nickel Mines company has completed the acquisition of an additional 20% stake in Angel Capital, a Singaporean holding company that is ultimately the owner of the Angel Nickel project in Indonesia.

ASX-listed Nickel Mines has completed the acquisition of a further 20% interest in the Angel Nickel project, in Indonesia, taking its stake in the project to 50%.

NEW HIGH-GRADE NICKEL SULPHIDE DRILL INTERCEPTS AT NEPEAN

First nickel concentrate from the mine is expected to be delivered in Q1 2022.

ASX-listed Nickel Mines has completed a $175-million senior secured note offering to help fund the second stage acquisition of the Angel Nickel project, in Indonesia.