Aluminium and nickel appear to have once again escaped inclusion in the latest list of sanctions imposed by western governments on Russia, ending days of speculation that increased both the prices and the traded volumes of the metals.

Swiss trader Glencore’s profits halved in 2023 due to weaker energy and metals prices and production, according to the company’s full-year results released on Wednesday February 21

Western Australia plans to offer tax breaks to nickel producers in a bid to help the ailing industry amid crashing prices, the state government announced on Saturday February 17

The Western Australia Nickel assets owned by BHP are the latest casualty of the rout currently disrupting the nickel industry, with the miner saying that it might put the entire operating unit on care and maintenance

A decade after the Koniambo nickel joint venture in New Caledonia was inaugurated with great fanfare by the French president, its major industrial partner and operator, Glencore, announced it was putting the asset on care and maintenance and planned to sell its stake.

Payables for black mass in key Asian markets showed potential for more downside in the week ended Wednesday January 31, according to market sources

Volume of refined nickel exported by China soared in 2023, official customs data released on Monday January 22 shows, after new entrants in the refining business stepped up their sales efforts in the overseas market

South Korean battery maker Samsung SDI’s recent investment in Canada Nickel, despite falling nickel prices, is the latest example of companies forming long-term partnerships to secure electric vehicle supply chain production that qualifies for tax credits under the US Inflation Reduction Act (IRA)

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