10 Top Countries for Nickel Production
By Siv Padhy
The Philippines, Russia and Canada were the top countries for nickel production in 2016. Find out which other nations made the list.
Your trusted source for investing success
Your trusted source for investing success
By Siv Padhy
The Philippines, Russia and Canada were the top countries for nickel production in 2016. Find out which other nations made the list.
By Melissa Shaw
Nickel West Asset President Eduard Haegel said the firm will spend over $43 million on the plant, which will supply the electric vehicle market.
By Melissa Shaw
The metal hit an 11-month low last week, and Goldman Sachs recently downgraded its three-, six- and 12-month nickel price forecasts.
Which countries have the highest nickel reserves in the world? Australia, Brazil, Russia, New Caledonia and Cuba are at the top of the list.
What’s the nickel price forecast for 2017? Analysts predict that increasing demand from China and infrastructure policies could continue to push prices up.
After a troubled 2015, nickel surged in 2016. Analysts provide their forecast for the upcoming months.
Reuters reported that Australian nickel miners like Glencore plc (LSE:GLEN) and BHP Billiton Ltd. (ASX:BHP,LSE:BLT,NYSE:BHP) are coming under increasing pressure to suspend or cut their nickel output.
St George Mining Ltd. (ASX:SGQ) announced that it’s entered into a binding agreement under which it will acquire BHP Billiton Nickel West Pty Ltd.’s entire 75-percent stake in the Western Australia-based Mt Alexander project.
St George Mining Ltd. (ASX:SGQ) announced that it’s started an initial drill program at its Western Australia-based Hawaii project, which it acquired from BHP Billiton Nickel West Pty Ltd. recently.
St George Mining Ltd. (ASX:SGQ) announced that it’s completed its acquisition of the Hawaii and Mt Alexander North projects from BHP Billiton Nickel West Pty Ltd., a division of BHP Biliton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT).
St George Mining Ltd. (ASX:SGQ) announced that it’s entered into a binding agreement with BHP Billiton Nickel West Pty Ltd. under which it will acquire 100 percent of the Hawaii and Mt Alexander North projects.
Sirius Resources NL (ASX:SIR) announced that it’s reached an agreement under which it will sell Glencore plc (LSE:GLEN) about half of its nickel sulfide production for a three-year period.
Sirius Resources NL (ASX:SIR) announced that it has reached an agreement with BHP Billiton Nickel West Pty Ltd. to supply about half of its planned nickel sulfide concentrate production for a three-year period.
Overall nickel market watchers appear positive about 2015, with some — including Scotiabank’s Patricia Mohr — expecting a deficit to hit.
Reuters reported that Western Areas Ltd. (ASX:WSA) has come to a two-year agreement to supply China’s Jinchuan Group Ltd. with 26,000 tonnes of nickel concentrate.
The mining giant announced last week that it has abandoned the sale of its Western Australian Nickel West business, but what does it have planned for the asset? Nickel Investing News takes a look.
BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) announced that it has abandoned plans to sell its Western Australian Nickel West business as it was not “achieved on an acceptable basis.”
Australian Mining reported that Poseidon Nickel (ASX:POS) has raised 30 million in a share placement with Petra Capital. The funds will be used to restart the Windarra nickel mine, which is expected to produce 9600 tonnes per year over its ten year mine life.
Reuters reported that BHP Billiton (NYSE:BHP) has signed a two year contract with Poseidon Nickel (ASX:POS) to feed its Nickel West operations.
The Sydney Morning Herald reported today that China’s Jinchuan Group (HKG:2362) and Glencore Plc (LSE:GLEN) are advancing talks with BHP Billiton (NYSE:BHP) regarding that company’s Nickel West unit. Nickel West would garner a hefty rehabilitation bill, but Jinchuan and Glencore would be able and willing to pay those costs, according
