By Melanie Burton MELBOURNE (Reuters) – Australian nickel producers, hit by a sharp jump in supply from rival Indonesia, are starting to buckle under low prices that analysts expect will …
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(Reuters) – The U.S. Department of Defense on Tuesday entered into a $20.6 million agreement with a subsidiary of Canada’s Talon Metals Corp to increase domestic production of Nickel. The …
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By Mai Nguyen and Siyi Liu (Reuters) – Nickel smelters in top producer Indonesia are making rare purchases of ore from the Philippines to ease tight supplies, people familiar with …
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By Melanie Burton MELBOURNE (Reuters) – Wyloo Metals, the privately held battery resources unit of Australia iron ore baron Andrew Forrest, sees room to grow in nickel as it closes …
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By David Shepardson WASHINGTON (Reuters) -U.S. Senator Marcio Rubio on Wednesday asked the Biden administration to investigate Ford Motor Co’s plan to partner with PT Vale Indonesia and China’s Zhejiang …
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BEIJING (Reuters) – China’s GEM Co Ltd, a battery and material recycler, has signed a joint venture agreement with SK On and ECOPRO Materials to set up a plant in …
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By Iain Withers and Eric Onstad LONDON (Reuters) -A British financial watchdog on Friday launched its first ever investigation of a UK exchange for possible misconduct after the London Metal …
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By Pratima Desai and Eric Onstad LONDON (Reuters) – An enforcement action launched on Friday by a British financial watchdog over a nickel crisis at the London Metal Exchange last …
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By Pratima Desai LONDON (Reuters) – Russia is likely to limit exports of key metals such as nickel and palladium if the United States imposes steep taxes on imports of …
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By Ernest Scheyder (Reuters) – Brazilian mining giant Vale SA will supply General Motors Co with battery-grade nickel for future electric vehicles, starting in 2026, the companies said on Thursday. …
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By Steve Scherer OTTAWA (Reuters) – Canada has not committed to establishing an OPEC-like organization for nickel-producing countries with Indonesia and is “very unlikely” to participate in any such group, …
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LONDON (Reuters) – The chief executive of Vale SA said on Friday the Brazilian iron ore miner is reconsidering a near-term spin-off of its base metals business and an eventual …
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SAO PAULO (Reuters) – Brazilian mining company Vale said on Wednesday that global demand for nickel should increase 44% by 2030 compared to that expected for this year, due to …
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MOSCOW – Russian metals producer Nornickel said on Tuesday that its sales of nickel, palladium and platinum fell in the first half of 2022 due to disrupted supply chains, while …
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JAKARTA – Nickel miner Vale Indonesia, China’s Zhejiang Huayou Cobalt and U.S. car maker Ford Motor signed a non-binding memorandum of cooperation to build a plant in Indonesia to extract …
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LONDON – Hedge fund Elliott Associates and Jane Street Global Trading JSGT) are seeking to sue the London Metal Exchange (LME) for a combined $472 million after the LME cancelled …
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By Kirstin Ridley and Pratima Desai LONDON – U.S. hedge fund Elliott Associates and Jane Street Global Trading are invoking the Human Rights Act as they seek to sue the …
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By Pratima Desai LONDON -The London Metal Exchange (LME) approved rules on Friday for members to report all over the counter (OTC) positions, a move taken after off-exchange trading was …
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By Pratima Desai and Eric Onstad LONDON – U.S. hedge fund Elliott Associates is suing the London Metal Exchange (LME) for $456 million for cancelling nickel trades after chaotic trading …
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JAKARTA – Indonesian President Joko Widodo is planning to meet Elon Musk during an upcoming U.S. visit, a minister said on Monday, as the Southeast Asian country seeks to accelerate …
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By Nick Carey (Reuters) – Data shows there is enough nickel and lithium to produce up to 14 million electric vehicles (EVs) globally in 2023, so Europe should secure more …
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LONDON – Global nickel smelting activity climbed in March, including in major producer Russia despite the Ukraine conflict, data from satellite surveillance of nickel plants showed. Production in Russia has …
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TOKYO – Global demand for nickel used in batteries is expected to rise more than 20% this year on solid demand for electric vehicles (EVs), Japan’s biggest smelter of the …
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By Eric Onstad LONDON -The London Metal Exchange (LME) again widened its trading band for nickel on Friday, but for a third session in a row it hit limit down, …
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LONDON – The London Metal Exchange (LME) will resume electronic nickel trading on Wednesday afternoon and is considering hiking its 5% price limit for the following day, the exchange said. …