Relevant News
Nickel market surplus just 36,000t this year: Macquarie
The nickel market's supply overhang is not as significant as previously assessed, with physical supply-demand fundamentals tighter than market expectations and on track to balance sooner, according to the latest research undertaken by Australian bank Macquarie... |
South32 sells Australian Illawarra met coal operations
Australia-based diversified metals producer South32 has agreed to sell its Illawarra metallurgical coal operations in New South Wales state to an entity owned by Singapore-based Golden Energy and Resources (Gear) and Australia's M Resources for $1.65bn. |
LKAB successfully restarts iron ore railway line
Swedish iron ore producer LKAB reopened its disrupted railway line to traffic late yesterday at reduced speed and reduced load, a company source said. |
Turkey rebar: Monetary policy change shifts prices
The weekly fob Turkey assessment for mesh-quality wire rod fell by $5/t to $605/t. |
Nickel Asia profit nosedives on drop in 2023 nickel prices
Listed Nickel Asia Corp. (NAC) said its net income last year plunged by more than half due to lower nickel ore prices. |
Amid nickel glut, Indonesia’s next president vows to keep ‘downstreaming’ policy
Indonesia’s incoming president, Prabowo Subianto, has pledged to continue predecessor Joko Widodo’s nickel “downstreaming” policy but faces the task of reducing oversupply while pushing to strengthen the processing industry, his advisers say. |
On March 11th, the APNI released INPI Index
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On March 11th, the APNI released INPI Index. |
Teck Resources mulls British Columbia battery recycling plant
Copper and zinc miner Teck Resources is considering building a lithium-ion battery recycling facility in British Columbia, CEO Jonathan Price said on Tuesday. |
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