- Nickel spot prices were slightly higher in June, LME inventory was lower. 2021 IEA report forecast total demand increase for nickel from 2020 to 2040 of 7x to 19x.
- Nickel market news - Volkswagen to get actively involved in the raw materials business. Tesla to buy >$1 billion of Australian battery minerals a year. USA wants a nickel refinery.
- Nickel company news - Baowu and Vale to invest in Indonesian nickel project. Nornickel has resumed ore mining at Taimyrsky mine.
- Poseidon Nickel - Golden Swan drills high grade nickel including 3.05 metres at 6.72% Ni, 3.8 metres at 5.56% Ni, and 7.0 metres at 3.92%. Talon Metals 60 intersects nickel-copper mineralization in more than 60 holes, all located outside of the resource area.
For further details see:
Nickel Miners News For The Month Of June 2021