Indonesia will stop providing licenses for new nickel pig iron (NPI) facilities and will assess the position of nickel matte due to concerns over nickel ore availability

South Korean battery materials producer Ecopro BM announced on Friday March 21 that construction works have started for its nickel cathode manufacturing plant in Debrecen, Hungary

The International Nickel Study Group (INSG) forecasts a global nickel market surplus of 239,000 tonnes for 2023, mainly driven by an increase in Class 2 supplies

Codelco will continue to grow organically by developing its vast copper reserves and existing mining base instead of pursuing mergers and acquisitions (M&A)

Current copper prices are appropriate, based on existing supply-demand fundamentals, the chief executive officer of Chilean miner Antofagasta has said

Copper demand so far has been unaffected by uncertain macroeconomic outlook, but volatility and issues around financing need to be monitored, Patricio Hidalgo, chief executive officer of Anglo American Chile, says

An increase in mergers & acquisitions (M&A) activity in the copper sector was inevitable but did not form a central part of the strategy of Freeport-McMoRan, its chairman and chief executive officer has told Fastmarkets

Teck Resources has called off a shareholder vote on its proposed separation at the last minute, saying it would instead pursue a more simplified plan in the future

The copper industry is about to be shaken up, but it does not resolve the anticipated supply shortfall in the long run

A growing arbitrage has emerged between the different pricing mechanisms for nickel mixed hydroxide precipitate (MHP) while nickel sulfate prices come under pressure and demand weakens