Nickel paralysis deepens as battered LME market barely trades
The market has remained in near-paralysis, even on days when prices have been trading within the 15% daily limit.
Latest Stories
Mitsubishi expands copper trading business as Peru mine ramps up
Mitsubishi has hired Branko Buhavac, formerly at Trafigura Group, as head trader for base metals in Europe.
Rio Tinto defends Turquoise offer, says will ‘deliver value for all stakeholders’
The mining giant is facing rising pressure from Turquoise minority shareholders to boost the offer.
Austral Gold updates Guanaco-Amancaya reserves
Guanaco-Amancaya now has proven and probable reserves of 12.1 million grading 0.84 g/t gold and 4.89 g/t silver.
Dalian iron ore price hovers near 7-month high on China stimulus hopes
Fitch Ratings said the costs of iron ore and coal were likely to remain high in 2022.
Inomin shares up on intercepts at Beaver nickel-cobalt project in British Columbia
In all, the 2021 drill program consisted of five holes and covered 716 metres.
Simandou iron ore mine developers risk penalties if timeline missed, Guinea says
Guinea's mines minister has said the railway and port infrastructure must be completed by 2024, and commercial production must start by 2025.
Sumitomo Metal sees global nickel demand for battery use at 410,000t in 2022
Global demand for nickel used in batteries is expected to rise more than 20% this year.
India to invest in exploring lithium, cobalt mines in Australia
The move comes at a time when India is offering $2.4 billion of incentives for companies to build battery cells locally for electric vehicles.
