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In 2024, Nornickel expect the nickel market to sustain a surplus of around 100 kt Ni (vs 190+ kt forecasted for the year in the previous issue of our report), with the most of it still represented by low-grade nickel.

Russian mining and metals giant Nornickel on Thursday lowered its forecast for the global nickel surplus this year, but said it expected a bigger global palladium deficit.

Worley wins contract for South32’s Hermosa project in US

Anglo American backs "clear pathway" after BHP ends pursuit

VanadiumCorp raises funds through private placement

The sector has been struggling with low downstream demand and supply pressures.

The sector has been struggling with low downstream demand and supply pressures.

Hebei has added 10 new domestic container trade routes and four foreign trade routes since last year, opening routes to the Russian Far East, Vietnam and Thailand.