- Nickel spot prices skyrocketed higher in March on supply disruption fears from Russia and LME trading dramas. LME inventory was significantly lower.
- Nickel market news - The Intercept reported: "Biden administration drafting order to invoke Defense Production Act for green energy storage technology."
- Nickel company news - Nornickel hit hard amid Western sanctions, LSE trade suspended. Mincor Resources drills 9.9m @3.4% Ni and 1.2m @ 8.2%Ni, production to begin in June 2022 quarter.
- Horizonte Minerals completes US$633m funding package. Talon Metals drills 15.09 meters grading 4.88% Ni and 1.68% Cu. Poseidon Nickel & Pure Battery Technologies secure A$119.6m grant for integrated battery material refinery hub.
- Ardea Resources Kalgoorlie Nickel Project awarded Major Project Status. Centaurus Metals Jaguar Nickel Project selected as strategic minerals project by the Brazilian Government.
For further details see:
Nickel Miners News For The Month Of March 2022