MINER'S RIGHT

Nickel's next crisis, oversupply

Legal and financial problems entangling the nickel market run by the London Metal Exchange are masking a potentially more significant development - a falling nickel price caused by record production which has flipped a deficit into a surplus.

Tim Treadgold
Nickel's next crisis, oversupply

The 22% price drop from US$31,200 a tonne three months ago to latest trades at $24,385/t is a direct result of a boom in nickel output which is being driven by Chinese investment in new mines and processing...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.