Tsingshan unit plans Indonesian battery plant as trade frictions mount

The battery unit of Tsingshan Holding Group Co., the world’s top nickel producer, plans to build a plant in Indonesia, the latest in a series of Chinese investments that will help the Southeast Asian nation step up from commodities production to more lucrativ...

Thursday, March 28, 2024

Indonesia’s Antam to start building new nickel smelter, HPAL plant in 2025

Indonesian state-controlled miner Aneka Tambang (Antam) aims to launch the construction of two nickel processing facilities next year under its partnership with China’s Ningbo Contemporary Brunp Lygend Ltd (CBL).

Wednesday, March 27, 2024

Indonesia says Vale to build another $2bn HPAL plant

Nickel miner PT Vale Indonesia is exploring a potential investment in a high-pressure acid leaching plant in Sulawesi island, with an estimated cost of 30 trillion rupiah ($1.91 billion), its investment ministry said on Monday.

Tuesday, March 19, 2024

Nickel market surplus just 36,000t this year: Macquarie

The nickel market's supply overhang is not as significant as previously assessed, with physical supply-demand fundamentals tighter than market expectations and on track to balance sooner, according to the latest research undertaken by Australian bank Macquarie...

Thursday, March 14, 2024

Metso to deliver VSF X solvent extraction technology for a battery-grade nickel project in China

Metso has been awarded an order to deliver solvent extraction technology for a nickel plant in China.

Tuesday, March 12, 2024

Declining Demand for EVs Is Weighing on the Nickel Market

Nickel prices are proving a headache for miners across the world: oversupply of the metal plus low electric vehicle (EV) demand has created a profit-stealing two-year price slide.

Tuesday, March 12, 2024

LME partner Metalshub plans for ‘green’ nickel price

The London Metal Exchange (LME) does not plan to launch a separate “green” nickel contract because the market is not large enough, but said its partner was developing an index price that will reflect demand for low carbon nickel.

Friday, March 8, 2024

Indonesia says its nickel supply will keep global prices low

Indonesia, the world’s largest nickel exporter, has a sobering message for struggling producers of the battery metal elsewhere: don’t expect any meaningful revival in prices.

Friday, March 1, 2024
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