The rise in capacity-building in the past years in both China and Indonesia quickly turned nickel market once in short-supply into an oversupplied one, not only in China, but also globally

Oversupply caused by growing refining capacity in China overturned the fundamentals of the Chinese Class-1 nickel market in 2023 and the effects are expected to be extended and amplified in 2024, sources told Fastmarkets

Clearer standards are required in order to support the sustainable growth of its lithium-ion battery recycling sector

The pace of Chinese companies' heavy investments in Indonesian nickel may slow in the new year with slumping prices eroding profitability amid additional geopolitical risks, Fastmarkets heard

Please note Fastmarkets has corrected its MB-NIO-0005 nickel mixed hydroxide precipitate, outright price, fob Indonesia, which was published incorrectly on Monday December 18.

The downtrend in China’s nickel pig iron (NPI) prices resumed in the week to Friday December 8 after pausing the preceding week, with the market still facing oversupply and slow demand from the stainless steel sector

Fastmarkets has launched daily inferred prices for black mass in South Korea and Europe, starting on Friday December 8.

The US Department of Treasury has released its definition of a Foreign Entity of Concern (FEOC) for the purposes of the Inflation Reduction Act (IRA) – and there are big implications for nickel.

Nearly 18 months since the first nickel-related lawsuit was filed against it in the English High Court, the London Metal Exchange has been cleared on all grounds and the charges against it dismissed.

Western Australia (WA), Australia’s largest state, will evaluate the possibility of developing cathode active materials (CAM) production once precursor CAM (pCAM) output is up and running, Bill Johnston, the state’s Minister of Mines and Petroleum, told Fastmarkets