Nickel Market Misunderstood, Restocking Likely
Nickel – Platts reported Citigroup says the global nickel market is basically misunderstood with consumer restocking likely to lift prices in the first quarter of 2013.
Nickel – Platts reported Citigroup says the global nickel market is basically misunderstood with consumer restocking likely to lift prices in the first quarter of 2013.
Nickel – Bloomberg reported Talvivaara Mining Co. (LSE:TALV) may fail to raise new debt to repay a bond maturing next year on failing production targets.
Nickel – Mining Weekly reported Poseidon Nickel Ltd. (ASX:POS) has received permission to resume operations at its Mount Windarra site.
Nickel – Bloomberg reported an Indonesian Supreme Court ruling will maintain a tight nickel ore export law.
Nickel – CNBC reported nickel fell nearly $150 in trade on Wednesday as other base metals also fell.
Nickel – Reuters reported Indonesia will review its raw mineral ore export ban following a supreme court ruling upholding a challenge against the government ban.
Nickel – Reuters reported nickel prices fell $70 to $15,900 following a decision by the Indonesian supreme court to lift the ban on export of unprocessed minerals.
Nickel – Financial Review reported the United States Federal Reserve’s open-ended quantitative easing program is anticipated to boost commodity prices as nickel outshines gold.
Nickel – Kitco reported on base metals trading on Tuesday as nickel rose $80 a tonne.
Nickel – CNBC reported nickel traded at a new low since August.
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