Vale sees 44% increase in global nickel demand by 2030
Mining News Pro - Brazilian mining company Vale said on Wednesday that global demand for nickel should increase 44% by 2030 compared to that expected for this year, due to high demand for use in batteries that power electric vehicles.
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Vale sees 44% increase in global nickel demand by 2030
Mining News Pro - Brazilian mining company Vale said on Wednesday that global demand for nickel should increase 44% by 2030 compared to that expected for this year, due to high demand for use in batteries that power electric vehicles.
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Global nickel supply could increase by 20% in 2022
Mining News Pro - Commodity researcher Global Palladium Fund published a forecast anticipating a global nickel surplus of 59KT in 2022.
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Global nickel smelting rebounds as Sudbury operations restart
Mining News Pro - Global nickel smelting activity rebounded in November, powered by gains in North America and Europe, while refined copper production dipped, data from satellite surveillance showed on Monday.
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Global nickel production to recover in 2021
Mining News Pro - Global nickel mine production is expected to grow by 6.8% to reach 2.42 million t in 2021, after registering an estimated 4.2% decline to 2.27 million t in 2020, owing to COVID-19-related lockdowns and restrictions, says GlobalData.
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Global nickel output to decline 19% y-o-y in 2020
Mining News Pro - In its latest report, Fitch Solutions revised down most of its 2020 mining production as well as metals production and consumption forecasts and said it will keep adjusting estimates in line with the evolution of the situation and of government and company announcements.
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Philippines to dethrone Indonesia as largest global nickel ore producer
Mining News Pro - Global nickel production will drop significantly over 2020, as major producer Indonesia’s nickel ore export ban comes into effect, Fitch analysts assert in a recent report.
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A Chinese steel giant is upsetting the global nickel market
Mining News Pro - Behind one of China’s biggest industrial companies is a husband and wife team that reinvented how to make stainless steel.
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Off The Wire Global nickel market deficit widens in September - INSG
Mining News Pro - The global nickel market deficit widened slightly to 9,200 tonnes in September from the previous month`s revised deficit of 8,100 tonnes, the International Nickel Study Group (INSG) said.
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Global nickel in shortage in Jan-Feb
Mining News Agency -According to the data from World Bureau of Metal Statistics (WBMS) on April 18th, there was a scarcity of global nickel supply in January and February 2018 which lacked 24,000 tons. Moreover, it was in a shortage of totally 96,100 tons in nickel supply in 2017.
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Global nickel market remains short in supply for 2018
Mining News Agency - It is understood that stainless steel production expected to grow around 5% in 2018, while stainless steel nickel consumption remained growth.
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Global nickel and zinc supply shortage continues increasing for first nine months
Mining News Agency - According to the latest data released by the World Bureau of Metal Statistics (WBMS), global nickel and zinc supply shortage would continue to extend, with zinc shortages from 202,000 tons in 2016 to 504,000 tons in the first nine months of the year.
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