Nickel market forecast to be in 198 000 t surplus in 2025, says INSG
The International Nickel Study Group (INSG) on Thursday forecast a nickel market surplus of 198 000 metric tons for 2025. |
Nickel Asia aims to sell processing plant stake to Sumitomo
Nickel Asia Corp. is in talks to unload its minority stake in a key processing plant to Japan’s Sumitomo Metal Mining Co. as the Philippines’ top producer of the metal focuses on upstream mining and renewable energy businesses. |
LME activity up 18% in 2024, nickel volumes at pre-crisis level
Average daily volumes at the London Metal Exchange (LME), the world’s largest and oldest metals forum, gained 18% to 664,698 lots in 2024 with nickel volumes surging by 59%, the exchange said on Tuesday. |
On January 6th, the APNI released INPI Index
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On January 6th, the APNI released INPI Index |
Indonesia reviews nickel ore mining quota to steady prices
Indonesia is reviewing its annual nickel ore mining quota, seeking to prevent further price falls, Energy and Mineral Resources Minister Bahlil Lahadalia told reporters on Friday. |
Indonesia Morowali Industrial Park (IMIP) Produces 4.76 Million Tons of Nickel Pig Iron
PT Indonesia Morowali Industrial Park (PT IMIP) has reported a total production of Nickel Pig Iron (NPI) commodities in the IMIP industrial area amounting to 4.76 million tons, which were exported to China and several other countries. |
On December 23th, the APNI released INPI Index
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On December 23th, the APNI released INPI Index |
In November 2024, China's ferronickel imports increased by 27.8% month-on-month
In November 2024, China's ferronickel imports increased by 27.8% month-on-month |
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