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Nickel Asia profit nosedives on drop in 2023 nickel prices

Listed Nickel Asia Corp. (NAC) said its net income last year plunged by more than half due to lower nickel ore prices.

Thursday, March 14, 2024

Amid nickel glut, Indonesia’s next president vows to keep ‘downstreaming’ policy

Indonesia’s incoming president, Prabowo Subianto, has pledged to continue predecessor Joko Widodo’s nickel “downstreaming” policy but faces the task of reducing oversupply while pushing to strengthen the processing industry, his advisers say.

Thursday, March 14, 2024

On March 11th, the APNI released INPI Index

On March 11th, the APNI released INPI Index.

Thursday, March 14, 2024

Chinese company to build EV battery factory in Morowali in 2025

In the giant industrial area owned by PT Indonesia Morowali Industrial Park (IMIP), there are 54 companies involved in nickel management. Raw material in the form of ore, which comes from mining companies throughout Indonesia, is processed here into various me...

Tuesday, March 12, 2024

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.

Tuesday, March 12, 2024

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.

Tuesday, March 12, 2024

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.

Friday, March 8, 2024

Indonesia says its nickel supply will keep global prices low

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.

Friday, March 1, 2024