March 16, 2022

Antam nickel ore production more than doubled in 2021

Antam's 2021 nickel ore output increased 131.3% to 11.01 million tonnes, versus 4.76 million tonnes in 2020.

March 16, 2022

Nickel price chaos continues – LME trading halted after only 1,236 tonnes change hands

Nickel price drops to limit down at $45,590 a tonne during what was only a few seconds of trading on Wednesday.

March 15, 2022

LME imposes price limits for the first time after nickel crisis

When trading resumes Wednesday, price moves for nickel will be constrained to 5% above or below the last closing price before the suspension.

March 15, 2022

VW is already sold out of some electric models for the year

Europe’s biggest automaker is pushing ahead with the industry’s biggest rollout of electric cars to challenge Tesla.

March 15, 2022

Nornickel not changing long-term view, despite logistical issues

Nornickel's biggest shareholder, Vladimir Potanin, said the company had managed to secure alternative routes for its palladium deliveries.

March 15, 2022

Non-lithium battery chemistries to grow in importance for stationary energy storage sector – report

IDTechEx predicts alternatives to Li-ion are set to play an increasingly important role due to their potential for improving cost and safety, easing material supply burdens, and less demanding requirements…

March 15, 2022

London Metal Exchange to resume nickel trading on March 16

All deliveries against nickel contracts will be deferred an extra week, while the nickel price will have a 5% daily fluctuation limit.

March 14, 2022

The 18 minutes of trading chaos that broke the nickel market

When the commodity’s price went vertical last week, the metals industry plunged into turmoil not seen since the Tin Crisis of 1985.

March 14, 2022

FCA, Bank of England working with LME to resume nickel trading

The LME had anticipated nickel trading would restart on Friday, but the criteria for restarting had not then been met.

March 14, 2022

Nickel tycoon closes in on JPMorgan-led loan to backstop short

Under the deal being discussed, the roughly 10 banks that were Xiang Guangda’s counterparts for his nickel bet would extend enough credit to cover his mark-to-market losses.