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... |
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). |
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. |
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... |
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. |
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. |
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. |
Indonesia says its nickel supply will keep global prices low
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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. |
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