Nickel Premiums May Go Up on Increased Demand in China
Reuters reported some traders and producers believe nickel premiums will recover early next year on increased demand in China.
Articles Tagged "china"
China’s Base Metal Output Dives in November
Reuters reported China's base metal production fell in November, including nickel, because of lower demand and prices.
Australia’s Western Areas in Short-Term Nickel Pact With Jinchuan
Reuters Africa reported Western Areas (ASX:WSA,TSX:WSA) will sell Jinchuan Group (HKG:2362) up to 15,000 tonnes of nickel in concentate.
China’s Still Motoring Along
SMH reported far away from the anguish of Europe's debt contagion, the Chinese economy has been chugging along very nicely.
China’s Minmetals Resources Scrambles To Extend Life of Mines, Eyes Mirabela Nickel, Alumina
IBTimes reported China's Minmetals Resources Ltd. (HKG:1208) is on the prowl to acquire Mirabela Nickel Ltd. (ASX:MBN).
Mirabela Takeover Seen With Minmetals Chasing Nickel
Bloomberg reported Minmetals Resources Ltd. (HKG:1208) is transforming companies into takeover targets as it eyes nickel, bauxite and alumina deals.
Nickel Market to Improve in 2012
The price of nickel has fallen to $18,595 per tonne on surplus and the increased use of nickel-pig-iron in China. Analysts, however, are optimistic that low prices will encourage China's nickel consumption and lead to a stabilized 2012 nickel market.
China’s Jilin Nickel to Start 11,700 Mt/Year Canada Mine in 2012
Platts reported China's Jilin Nickel expects to start its 11,700 mt/year nickel mine in Quebec, Canada, by 2012.
China’s Nickel-Pig Iron Output May Rise 15%
Bloomberg reported China’s production of nickel pig iron should increase to at least 300,000 metric tons next year.
China May Get Its First Nickel ETF This Year
Reuters reported a financial firm backed by a Chinese bank plans to launch China's first physical-nickel backed exchange-traded fund (ETF) later this year.
