Critical metal refiner Nth Cycle became the first company in the US to produce premium nickel-cobalt mixed hydroxide precipitate (MHP) this week, when it began commercial-scale operations on Monday September 9

Read Fastmarkets' monthly battery raw materials market update for September 2024, focusing on raw materials including lithium, cobalt, nickel, graphite and more

Total open-tonnage stocks in London Metal Exchange-registered warehouses rose by 6.0% to 1,137,907 tonnes at the end of August, from 1,073,574 at the end of July, according to the latest data released by the exchange on Tuesday, September 10.

The outlook for nickel in North America remained bullish, with battery capacity installed in electric passenger vehicles expected to grow sixfold between 2020 and 2035, Fastmarkets’ International Critical Minerals and Metals Summit heard on Friday September 6.

Nickel briquette premiums in the European market trended downward in the week to Tuesday September 11, while premiums elsewhere in the global market remained flat.

The London Metal Exchange has unveiled a series of proposals which, if successful, could accomplish what it failed to achieve close to a decade ago: bringing the investment community into the fold.

Market participants are converging on Bali in Indonesia for the Fastmarkets International Critical Minerals & Metals Summit (ICMMS) on September 5 and 6, so ahead of the event, we capture the main themes facing the global nickel market.

China’s nickel sulfate prices have been consolidating within the range of 26,000-27,500 yuan ($3,653-3,863) per tonne in the past few weeks, with no signs of a clear direction, sources told Fastmarkets.

Société Générale is leaving the London Metal Exchange ring trading floor to move to Category II membership.

Fastmarkets will amend its MB-NI-0246 nickel sulfate, cif Japan and Korea, $/tonne and its MB-NI-0247 nickel sulfate premium, cif Japan and Korea, $/tonne price assessments from a single price to a range as of the assessment on Friday August 23.