Bullish sentiment about nickel demand, particularly for electric vehicles, compared with long timeframes needed to increase mine supplies, has driven prices higher. But continuing uncertainties about the future timing and extent of nickel demand and supply growth have created a volatile market, reports Gregory DL Morris.

With the exception of tin that was perched just below recent multi-year highs and aluminium that was little changed, base metals prices on the London Metal Exchange were weaker this morning, Tuesday June 8.

Base metals prices on the London Metal Exchange were mainly lower this morning, Monday June 7, after the rally sparked by Friday’s worse-than-expected US employment report ran out of steam.

Nornickel resumed operations at its Taimyrsky nickel and copper mine in Siberia on June 1, the world’s second biggest nickel producer said on Friday June 4.

Base metals prices on the London Metal Exchange have attracted dip-buying this morning, Friday June 4, after weakness on Thursday when prices fell across the board by an average of 2.2%.

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were generally weaker on Thursday June 3 morning, although nickel bucked the trend on both exchanges.

Fastmarkets has decided to revise the outlier detection method used in the calculation of its copper concentrate treatment and refining charge (TC/RC) index.

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Wednesday June 2 - zinc and tin prices were up on both exchanges and were looking robust, while the others have lost recent upward momentum.

Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as “the dumbest experiment in human history.”

Customs officials in the Democratic Republic of Congo have backtracked on a decree made just 24 hours earlier and re-approved the export of copper concentrate and cobalt from the country.