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.
Latest Stories
Abitibi Metals drills 3.5% copper in Quebec
Abitibi is advancing a plan to earn 80% of the project over seven years from Soquem.
Golden Minerals pulls plug on Velardeña two months after mining restart
The company said it will now evaluate potential alternatives for the Velardeña properties, which may include a sale.
Indonesia says its nickel supply will keep global prices low
Nickel prices plunged by around 45% last year, and dipped briefly below $16,000 a ton earlier this month.
Impala Platinum considers mine closures after profit slump
Decisions to mothball loss-making operations could be made within the next six months.
Polyus posts 2023 profit jump on higher output, gold prices
Polyus's net profit rose 12% to $1.7 billion last year thanks to increased production and sales.
Chinese outbound investment in EVs likely set new record in 2023
Chinese firms put $28.2 billion into EV-related industries last year.
India launches second part of critical minerals auction worth $362 billion
A total of 18 critical mineral blocks, including tungsten, vanadium, cobalt and nickel, will be auctioned in eight states across the country.
Nickel-based electrode material opens doors to cobalt-free batteries
A new nickel-based electrode material opens new avenues to cobalt-free batteries for electric vehicles.