- Nickel spot prices were lower in August, LME inventory was lower.
- Nickel market news - Morgan Stanley says demand for nickel is exceptionally strong. BMI says supply disruption leaves MHP nickel refiners high and dry.
- Nickel company news - Vale's Voisey's Bay expansion project produced first ore, is 66% complete with start-up expected for 2022. BHP to expand Nickel West operations on soaring nickel demand.
- Anglo American to return an additional $2 billion to shareholders. IGO Limited confirms that it is in preliminary discussions with Western Areas. Western Areas first ore from Odysseus on target this September quarter.
For further details see:
Nickel Miners News For The Month Of August 2021