- Nickel spot prices were significantly higher in January, LME inventory was again significantly lower. Nickel prices reach a 10-year high as they move above US$10/lb.
- Nickel market news - Indonesia launches $2.7bn China-invested ferronickel smelter. Philippines lifts four-year-old ban on open-pit mining.
- Nickel company news - BHP to invest $100m in Tanzania nickel supply. Panoramic Resources first shipment of 10,865t of nickel-copper-cobalt concentrate from Savannah completed.
- Panoramic Resources ships first ore. Nickel Mines Angel Nickel Project produces first NPI at Weda Bay Indonesia. Amur Minerals pursuer values them at an indicative price of up to £100 million.
- Tesla and Talon Metals enter into supply agreement for nickel. Jaguar Mineral Resource soars 30% to 730,700t of contained nickel.
For further details see:
Nickel Miners News For The Month Of January 2022