Tag:Nickel Mining

Nickel Prices Hit Two-Year High as Indonesia Tightens Supply

📌 Key Takeaways Nickel rose as much as 1.8% to $19,350/t, the highest intraday level since June 2024.   Indonesia produced an estimated 2.6 million tonnes...

Nickel Supply Shock Returns as Indonesia Threatens to Tighten the Tap

📌 Key Takeaways Nickel prices hit a nine-month high as Indonesia signals material supply cuts and delays mine approvals. Indonesia controls ~50% of global nickel supply,...

Funds Move Into Nickel As Price At 5-Year-Low

Hedge funds and other speculative traders have amassed long positions equivalent to 272,000 tons on the nickel price, the most optimistic stance since the...

Latest news

Diesel Squeeze Raises Stakes for Australian Mining

US diesel prices have hit a record US$6.51 a gallon, lawmakers are proposing export restrictions, and Australia has reported...
- Advertisement -spot_imgspot_img

Copper Backwardation Tops US$500 as LME Supply Tightens

Copper advanced toward a record as competition for immediately available metal pushed a key London spread to its most...

Zinc Prices Rise as China Smelter Cuts Deepen Supply Squeeze

Zinc prices are being driven higher by a supply squeeze that has flipped the market from expected surplus to...

Must read