March 6, 2024

LME partner Metalshub plans for ‘green’ nickel price

Calls for a nickel price that reflects strong environmental and governance standards have grown from high-cost producers such as Australia.

March 6, 2024

Column: Nickel producers fear growing Indonesian pricing power

An Indonesian producer has for the first time ever applied to have its metal listed as a good delivery brand on the LME.

March 5, 2024

Indonesia aims to finish mining output quotas approval by end-March

The approval process for the quotas has been delayed this year, raising concerns from nickel smelters who are facing depleting ore stock.

March 5, 2024

LME does not plan to launch green nickel contract

Iron ore magnate Andrew Forrest said recently the LME should classify its nickel contracts into "clean" and "dirty" to give customers more choice.

March 5, 2024

Sibanye falls to $2 billion loss, weighs capital raise if metal prices worsen

CEO Neal Froneman said Sibanye may consider a capital raise if the lower metal prices persist for longer.

March 4, 2024

Indonesia and China killed the nickel market

Cheap Indonesian nickel, controlled by China and dumped on the market, has collapsed nickel prices and forced global mine closures.

March 4, 2024

Eramet reaches deal to convert debt of New Caledonia nickel unit

Several hundred million euros of debt will be removed from its loss-making nickel subsidiary SLN.

March 4, 2024

AI, 5.5G networks to take mines to new “smart” level

The sector has embarked on a quest to transform operations by integrating connectivity, automation and artificial intelligence.

March 1, 2024

Nickel may see deficit on Indonesia hurdles, Macquarie warns

While the bank’s base case is for a surplus of less than 40,000 tons, that may be in jeopardy if Jakarta’s approvals are slow.

February 29, 2024

Nickel price at two-month high as investors bet on price floor

Meanwhile, the Indonesian government said that EV producers shouldn't anticipate any significant recovery in prices.