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Nickel spot prices were higher in October, and the LME inventory was slightly higher than last month. Nickel hits 11-month high on expectations of robust demand. Nickel market news - Tesla in talks with Vale, BHP, and the Indonesian Govt. to secure nickel. Biden campaign tells miners ...
Nickel 'battery' demand is forecast to increase by 14x from 2019 to 2030. The demand surge will be for battery grade nickel sulphate best extracted from nickel sulphide ore. By 2025 if Tesla was making 5 million EVs pa they would need ~275,000 tpa of nickel each year. That is way abov...
Nickel spot prices were slightly lower in September, and the LME inventory was slightly lower than last month. Nickel market news - Battery metals to boom despite widespread Covid-19 disruption. Electric car boom fuels global scramble for nickel and cobalt. Giga Metals says - "The...
Welcome to the nickel miners news for August. The past month saw nickel prices rise significantly and legendary mining investor Robert Friedland stating: "The new oil is copper, nickel , cobalt." This follows last month's plea from Tesla's (TSLA) Elon Musk for mining companies: "Please mine...
Welcome to the nickel miners news for July. The past month saw nickel prices rise strongly and plenty of nickel news including some very interesting comments from Elon Musk. Nickel price news As of July 27, the nickel spot price was USD 6.22 , up from USD 5.62 last month. Nickel invent...
Welcome to the nickel miners news for June. The past month saw nickel prices about the same and plenty of good news. Nickel price news As of June 25, the nickel spot price was USD 5.62 , about the same as USD 5.56 last month. Nickel inventory at the London Metals Exchange [LME] was abou...
Welcome to the nickel miners news for May. The past month saw nickel prices unchanged and some strong exploration results from some nickel juniors. Nickel price news As of May 26, the nickel spot price was USD 5.56 , the same as USD 5.56 last month. Nickel inventory at the London Metals...
Welcome to the nickel miners news for April. The past month saw nickel prices rise with several nickel mines impacted by COVID-19 suspensions. In particular, in the Philippines about 50% of nickel ore production has been suspended due to COVID-19. Nickel price news As of April 26, the n...
Welcome to the nickel miners news for March. The past month saw nickel prices lower and minimal coronavirus disruptions for now. From what I can gather online, the month-long lockdown of Manila and the island of Luzon has not impacted the nickel exports from Southern Philippines. For now there...
Welcome to the nickel miners news for January. The past month saw nickel prices fall as China manufacturing is being impacted by the Wuhan coronavirus, causing nickel inventories to rise. Looking to 2020, there is quite a mix of views towards nickel from the industry analysts - I highlight s...
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Western Areas Nl Ord Company Name:
WNARF Stock Symbol:
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While the week was generally strong for most base metals , it was nickel that would come out way, way ahead. As investors began to worry about a supply deficit on the horizon, nickel prices skyrocketed on the London Metal Exchange (LME). After starting the week at US$13,345 per tonne, the...
In a June quarterly report , Western Areas (ASX: WSA ,OTC Pink:WNARF) announced that it had met both its full-year production and cost guidance at its various nickel operations. Over the full year (FY19), Western produced 21,675 tonnes of nickel in concentrate across its assets, including i...