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World Nickel Market Posted Modest Deficit Until May

World Nickel Market Posted Modest Deficit Until May

July 28th 2021
The world apparent demand for nickel registered increase by 229kt than 2020.
WBMS Metals Balances Points to Deficit Nickel Market

WBMS Metals Balances Points to Deficit Nickel Market

The mine production stood higher by 123kt over the previous year at 821.3kt during Jan-Apr’21.
Fitch Solutions Upgraded Long-Term Nickel Price Outlook

Fitch Solutions Upgraded Long-Term Nickel Price Outlook

The spot nickel prices at London Metal Exchange (LME) are likely to witness decline in the coming months.
Vale Decides to Suspend Operations at Sudbury Mine

Vale Decides to Suspend Operations at Sudbury Mine

Meantime, the unionized refinery workers in Port Colborne voted in favour of the new agreement.
WBMS Metals Balances Signalled Deficit Q1 Nickel Market

WBMS Metals Balances Signalled Deficit Q1 Nickel Market

The world apparent demand for nickel has increased by 79kt year-on-year.
First Quantum Agreed to Sell 30% Stake in Ravensthorpe Mine

First Quantum Agreed to Sell 30% Stake in Ravensthorpe Mine

The proceeds of the sale transaction will be utilized by First Quantum Minerals to reduce its overall debt.
WBMS Metals Balances Signalled Surplus Nickel Market

WBMS Metals Balances Signalled Surplus Nickel Market

The world apparent demand for nickel has increased by 48kt year-on-year.
World Bureau of Metal Statistics Indicated Surplus Nickel Market

World Bureau of Metal Statistics Indicated Surplus Nickel Market

On the contrary, the Chinese apparent demand was up marginally by 5kt than in the previous year.
Australia to Emerge as the World's Largest Nickel Supplier

Australia to Emerge as the World's Largest Nickel Supplier

The greenfield and brownfield nickel projects currently under development in Australia will contribute to new mined supply in a big way.
World Nickel Market Posted Surplus Until November 2020

World Nickel Market Posted Surplus Until November 2020

The world apparent demand for nickel registered decline by 99kt than 2019.
Fitch Solutions Foresees 8.3% Surge in Nickel Mine Output

Fitch Solutions Foresees 8.3% Surge in Nickel Mine Output

Australia, with a solid project pipeline, will continue to remain as a best-performing major producer.
WBMS Metals Balances Indicated Surplus Nickel Market

WBMS Metals Balances Indicated Surplus Nickel Market

The world apparent demand for nickel has dropped by 126kt year-on-year.
WBMS Metals Balances Indicated Surplus Global Nickel Market

WBMS Metals Balances Indicated Surplus Global Nickel Market

The world apparent demand for nickel has dropped by 109kt year-on-year.
WBMS Metals Balances Indicate Surplus Nickel Market in H1 2020

WBMS Metals Balances Indicate Surplus Nickel Market in H1 2020

The world apparent demand for nickel has dropped by 95kt year-on-year.

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