- Goldman Sachs thinks nickel is trading like a biotechnology or software startup as demand for the metal from the electric vehicle sector gives steel-related demand a run for its money
- In not so much a consolidation as a “changing of the guard,” Pala Investments buys Cobalt 27, which it already owned 15% of, and will rebrand it as Nickel 28
- Philippines nickel output is expected to recover in 2019 following years of decline due to production disruptions, boding well for the global outlook for this year
- Australian nickel and cobalt player CleanTeQ has received approval for modifications to its plans for its Sunrise project which will aid the environment and make the project more economical
- Some in Minnesota are very concerned about the possibility of Glencore taking complete control of PolyMet’s copper, nickel, and cobalt project
- Roskill says a push towards nickel-rich batteries and S-curve adoption of EVs will cause nickel sulphate demand to quadruple over the next decade
- Sumitomo Metal Mining: Higher output of primary metals from global suppliers will cut the 2019 nickel market deficit from 93,000 tons to just 49,000, with nickel demand growing by 3.4%
- Mining giant Vale, already reeling from its tailings dam disaster in Brazil, forced to halt production at its Onça Puma nickel operation
- Flooding in Indonesia is threatening to put a sizeable dent in the country’s nickel production
- China Metallurgical Group Corp has started a project in top steelmaking city Tangshan to produce 40,000 tons of nickel-cobalt-manganese (NCM) hydroxides per year, plus 20 tons of scandium
