Major coal miner Glencore will loan Pacific Nickel Mines over $32 million to advance the Kolosori nickel project in the Solomon Islands.

The global nickel market had a surplus of 20,800 tonnes in February, compared with a deficit of 1,700 tonnes in the same month last year, data from the International Nickel Study Group (INSG) showed on April 19.

PERTH – ASX-listed Pacific Nickel has appointed Haldane Morris as COO as the company moves to bring its Kolosori nickel project, in the Solomon Islands, into production as soon as possible.

A year on from the nickel crisis the London Metal Exchange (LME) is still struggling to regain trading momentum.

An exclusive deal that will lead to the development and marketing of indices for Indonesian nickel, signed by UK-based Global Commodities Holdings Limited (GCHL), could change the landscape for referencing nickel prices, industry sources say.

PNIA: The Government should provide a stable policy environment for the nickel industry.

Metal and mining firm PT Trimegah Bangun Persada advanced in its Jakarta debut after raising 10 trillion rupiah ($672 million) in Indonesia’s largest initial public offering this year.

POSCO Group Chairman Choi Jung-woo and Honda President Toshihiro Mibe signed a comprehensive memorandum of understanding (MOU) on the EV business at the POSCO Center in the Gangnam district of Seoul on April 11, which POSCO Group announced on April 12.