- Nickel spot prices were slightly higher in November, LME inventory was significantly lower.
- Nickel market news - Cobalt and nickel supply tightness will challenge the electrification of transport - IFA panelists.
- Nickel company news - Sumitomo Metal Mining will start recycling batteries. Vale to buy back up to a maximum of 200 million shares.
- Horizonte Minerals obtains a senior secured project finance facility of up to US$346.2 million to fund the construction and development of the Araguaia Nickel project in Brazil.
- Poseidon Nickel announces maiden Indicated Resource at Golden Swan of 111,600t @ 4.7% Ni for 5,200t contained Ni.
For further details see:
Nickel Miners News For The Month Of November 2021