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home / news releases / VALE - Nickel Monthly News For The Month Of May 2020


VALE - Nickel Monthly News For The Month Of May 2020

Welcome to the nickel miners news for May. The past month saw nickel prices unchanged and some strong exploration results from some nickel juniors.

Nickel price news

As of May 26, the nickel spot price was USD 5.56, the same as USD 5.56 last month. Nickel inventory at the London Metals Exchange [LME] was about the same as last month at 234,198 tonnes (231,132 tonnes last month).

Nickel spot prices - 5-year chart - USD 5.56/lb

Source: InfoMine.com

Nickel demand v supply

The chart below shows nickel is forecast to be in deficit after

Read more ...

Stock Information

Company Name: VALE S.A. American Depositary Shares Each Representing one
Stock Symbol: VALE
Market: NYSE
Website: vale.com

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