Nickel Industry Needs Investment to Meet Medium and Long-term Supply Needs

The mining industry will need to invest more than $150-billion to meet the medium and long-term need for supply, with the need for investment in commodities such as zinc, lead and nickel becoming desperate in the next few years, a presentation by commercial in...

Saturday, October 17, 2015

Canada Benefits from the Nickel Tariffs Elimination

Under the TPP, nickel products would also benefit from Japan eliminating a 3% tariff within ten years. The country had also agreed to cut tariffs of up to 7.9% within ten years for petroleum products and Vietnam was expected to drop tariffs of up to 30% within...

Monday, October 12, 2015

Amec Calls for Belt-tightening in Nickel Sector

Nickel miners will need to continue their focus on cutting costs if they are to emerge from the low price environment ready to drive a new wave of exploration and development once prices improve, the Association of Mining and Exploration Companies says.

Friday, October 9, 2015

US’s Nickel Scrap Exports Increase in July

According to the United States Department of commerce statistics data released that US’s nickel scrap exports reached 2044 tons in July this year, an increase of 8.3% year on year. In January-April, US’s nickel scrap exports totaled 15,111 tons.

Thursday, September 10, 2015

ARM FY Profit Down 58% on Lower Prices

African Rainbow Minerals, led by CEO Mike Schmidt, posted a 58% fall in annual headline earnings on Friday reflecting lower commodity prices which forced it to shut down several manganese alloy furnaces.

Sunday, September 6, 2015

Alcoa Invests $60m in 3D-printing R&D Centre Expansion

Specialty alloys firm Alcoa will invest $60-million to expand a research and development (R&D) centre near Pittsburgh, Pennsylvania, that would accelerate advanced three-dimensional (3D) printing materals and processes.

Sunday, September 6, 2015

Russian Norilsk Nickel Predicts Global Nickel Supply Shortage in 2016

The world's second largest nickel producer Norilsk Nickel predicted that the global nickel supply shortage continued to extend, caused most companies lose profits and cut the production.

Sunday, September 6, 2015

S&P’s Cuts Metals Price Forecasts to Review Miner’s Ratings

Standard & Poor’s warned on Monday it was likely to revise the credit ratings for some miners over the next week after cutting its price forecasts for aluminium, copper, zinc, nickel and gold and said it expected prices to remain volatile.

Monday, August 31, 2015
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