Nickel Miners News For The Month Of February 2025

March 01, 2025 10:05:12 am

Source: SeekingAlpha

2025-03-01 10:05:12 ET

Summary

Nickel spot prices were slightly higher the last month.
Nickel market news - Nickel prices stagnate amid oversupply and limited supply response from Indonesia.
Nickel company news - Anglo American sale of its Brazilian nickel business to China's MMG Ltd. IGO Limited reported a net loss of $782.1M for the December half 2024.
Talon Metals drills 110.3 meters of 2.24% CuEq (0.88% NiEq). Power Nickel - Hole PN-24-095a delivers 10.60% CuEq. World First: TMC and PAMCO achieve a new nodule processing milestone.

Welcome to the nickel miners news for February.

The past month saw nickel prices slightly higher and LME inventory higher.

As of February 28, the nickel spot price was USD 15,789/t , higher from USD USD 15,405/tonne last month.

Nickel inventory at the London Metals Exchange [LME] was higher the past month at 192,108 tonnes (172,302 tonnes last month)....

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