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Nickel Asia Corp. is in talks to unload its minority stake in a key processing plant to Japan’s Sumitomo Metal Mining Co. as the Philippines’ top producer of the metal focuses on upstream mining and renewable energy businesses.

Average daily volumes at the London Metal Exchange (LME), the world’s largest and oldest metals forum, gained 18% to 664,698 lots in 2024 with nickel volumes surging by 59%, the exchange said on Tuesday.

On January 6th, the APNI released INPI Index

Indonesia is reviewing its annual nickel ore mining quota, seeking to prevent further price falls, Energy and Mineral Resources Minister Bahlil Lahadalia told reporters on Friday.

PT Indonesia Morowali Industrial Park (PT IMIP) has reported a total production of Nickel Pig Iron (NPI) commodities in the IMIP industrial area amounting to 4.76 million tons, which were exported to China and several other countries.

On December 23th, the APNI released INPI Index

In November 2024, China's ferronickel imports increased by 27.8% month-on-month

In November 2024, China's nickel ore imports decreased by 16.13% year-on-year