Nickel Prices Rally: Will Climb Continue?
Nickel prices hit a 21-month high Wednesday, up 34.9 percent over the first quarter. Some analysts believe this trend will continue with expectations of stronger demand from stainless steel mills.
Articles Tagged "Vale"
Brazilian miner Vale to restart one nickel mine
On Wednesday, it was reported that Brazilian miner Vale (VALE5.SA) will restart one nickel mine and boost production at another at its Sudbury, Ontario, operation despite a seven-month strike at the complex. The press release is quoted as saying: Vale will restart its Creighton nickel mine and run it up to full production, and will [...]
Vale SA stopped Output Thompson Nickel Mine Processing Plant
Vale SA has stopped output at its Thompson nickel mine and processing plant for a scheduled maintenance on August 1st 2009, and bringing its entire Canadian nickel operations to a halt. For full story, click here
Vale SA halted Output Thompson Nickel Mine
Vale SA declared that it stopped output at its Thompson nickel mine and processing plant on August 1st 2009 for scheduled maintenance, bringing its entire Canadian nickel operations to a halt. For full story, click here
CPM declared Q4 Nickel Average Price Surged by 6%
As per CPM Group, nickel will average 6% higher in the fourth quarter than previously forecast after a strike at Vale SA and surged imports by China. For full story, click here
Vale Inco Strike has begun to bite Nickel Inventories
It is declared that the strike at Vale Inco is beginning to bite into nickel inventories, prompting a Timmins area nickel miner to re activate one of its two dormant mines. For full story, click here
Vale Inco has Striked Hitting Nickel Inventories
The strike at Vale Inco is beginning to bite” into nickel inventories as per one analyst, prompting a Timmins-area nickel miner to re-activate one of its two dormant mines. For full story, click here
Nickel Futures have traded strong on heavy purchasing
Nickel prices are trading strong due to higher equities and a strike at Brazilian miner Vale`s Canadian nickel operations also supported the market sentiment. For full story, click here
Short covering boosts nickel prices
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel futures rose on Thursday as traders indulged in short covering with the view that demand is about to rise. Nickel futures on the MCX and the LME were tracking positive sentiment, on the indication that the global economy is stabilizing. This was a welcome turn [...]
Vale Inco’s Nickel Smelter Maintenance is on a tight schedule
Vale Inco’s Copper Cliff Smelter in Sudbury routinely processes nickel at temperatures approaching 1200 degrees centigrade. But the infrastructure holding the smelter’s two furnaces in place must be inspected, and repaired or replaced every 18 months. For full story, click here
