The global nickel market had a surplus of 28,600 metric tons in July, compared with a surplus of 15,900 tons in the same month last year, data from the International Nickel Study Group (INSG) showed on Thursday.

In the second week of September, despite the ongoing challenges surrounding China’s economic recovery and uncertainties regarding grain trade negotiations between Ukraine and Russia, we observed a continued firm momentum of freight rates.

China exports 1748.704 tons of calcium metal in August 2023.

China exports 15240.471 tons of calcium metal from January to August.

Chavez said that between 2021 and 2022 exports of steel products from Turkey to Peru reached 927,000 mt.

The Philippines’ two biggest nickel producers are planning to invest about $1-billion each to build processing plants, the companies’ top executives said, boosting the government’s push to develop the Southeast Asian nation’s downstream mineral industry.

Philex Mining Corporation is setting its sights on nickel mining in several towns of Zambales as part of its expansion program and in preparation to the projected end of life of its Padcal mine here.

The Philippine government will step up support for the local mining industry via exploration activities starting next year to identify more areas where critical minerals such as nickel and chromium can be extracted, a senior official said on Tuesday.