The Latest Breaking News from nickel

The commodity asset class’s base metals sector posted a marginal 0.27% gain in Q1 2023, with tin and copper leading the way on the upside. Three of the six base metals posted gains, while four moved lower, with zinc posting the most significant percentage decline.

The nickel ore extraction industry is booming in the Philippines, be it on the islands of Sibuyan, Palawan or Luzon. Nickel is mainly known for its use in stainless steel, but is also used for the production of lithium batteries for solar panels and electric vehicles. The metal is therefore…

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Critical minerals company IGO is the latest to slash the value of Western Australian nickel mines after a price slump for the battery metal.

Resources giant BHP says governments need to work harder to make sure Australia is in the race as global competition heats up for iron ore and battery minerals.

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Western Australia will provide immediate royalty rebates to help save the nickel sector as producers mothball loss-making mines and processing facilities.