The Mindoro Nickel project is expected to come into production earliest in 2015. Norway's Intex Resources earlier this month signed a memorandum of understanding with a Chinese firm to develop the project. The chairman of Intex, Jan Vestrum, talks about the project, Chinese investors and nickel prices.
Wednesday, November 2, 2011
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.
Continue reading "Nickel Market to Improve in 2012"
Tuesday, June 28, 2011
Nickel is projected to be in a surplus over the next year and a half, as weak stainless steel demand has caused cuts in production. There are supporting factors as the market heads for its bottom.
Continue reading "Nickel Prices Continue to Slide"
Monday, January 17, 2011
Reuters.com reports that extreme weather in the Asia-Pacific region causing prices to rise for several commodities, including nickel, coal and aluminum
Continue reading "Cyclone and floods hit Asia-Pacific commodities"
Monday, December 27, 2010
MSN.com reports that Nickel traded down lower in Indian markets today
Continue reading "Nickel futures down on subdued demand"
Monday, December 6, 2010
Commodity Online reports that profit taking caused Nickel futures to fall
Continue reading "Nickel future soften on profit booking"
Tuesday, November 30, 2010
Steel Guru.com reports that the price of Nickel based stainless steel scrap has fallen in Japan.
Continue reading "Japanese nickel based stainless scrap price drops"
Friday, November 19, 2010
Reuters.com reports that Russia has has increased it's tariff on Nickel to 10%.
Continue reading "Russia doubles nickel tariff to 10 percent"
Monday, October 18, 2010
Copper fell in New York and London as the dollar strengthened, reducing demand for commodities as an alternative investment. “The complex, with the exception of aluminum and nickel, ended the week in overbought territory, as indicated by their daily relative strength indices,” Hussein Allidina, head of commodities research at Morgan Stanley in New York, said [...]
Continue reading "Nickel price drops"
Monday, February 15, 2010
By Kishori Krishnan Exclusive To Nickel Investing News The smiles are back. Despite persistent worries over Greece’s debt woes, European shares bounced back on Monday and miners tracked firmer metals. Though we could be a long way off from a solution to the underlying cause of the current tension, and there remains a significant risk [...]
Continue reading "Firm Prices Keep Miners On Their Toes"
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Thursday, January 26, 2012