The London Metal Exchange (LME) is trialing the expansion of its closing price methodology across five of its base metals contracts ahead of launching next year, the exchange’s chief executive officer told Fastmarkets

Nickel market participants rejected the idea of making nickel sulfate or other Class 2 products eligible for delivery against the Class 1 London Metal Exchange (LME) contract and want the exchange to instead focus on fixing the existing contract, according to the LME chief executive officer

While there’s more work to be done, stability has been restored to the London Metal Exchange nickel contract and confidence in its value as a pricing mechanism is starting to return, according to the exchange’s chief executive officer

Australia-based Sunrise Energy Metals is searching for a location in the US to build a nickel-cobalt refinery, the company confirmed to Fastmarkets

Provincial authorities in Indonesia’s mining hub of North Maluku province proposed a nickel mining suspension in the region’s Central Halmahera Regency amid environmental concerns

Participants in the nickel market are preparing for a significant ramp-up in demand from regions such as Europe, with demand likely to soar for electric vehicles, which use nickel in their batteries

Fastmarkets has launched MB-NI-0253 nickel sulfate, in-whs Rotterdam, $ per tonne and MB-NI-0254 nickel sulfate premium, in-whs Rotterdam, $ per tonne on Friday September 1.

Abaxx Exchange Pte Ltd plans to launch its new nickel sulfate futures contract by the end of this year and is looking at other contracts in the battery raw materials space, its president told Fastmarkets in a recent interview

Australia-based cobalt and nickel supplier Jervois Global has opted to 'moderate' the pace of restart operations at its Sao Miguel Paulista (SMP) cobalt and nickel refinery in Sao Paulo, Brazil

Fastmarkets has corrected its assessments of the black mass payable indicators, cif South Korea, for both nickel and cobalt, which were published incorrectly on Wednesday August 16 due to a back-end calculation error.