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nickel

This tag is associated with 7 posts

5 Sept 2017 (AFR) – China pollution push helps metals prices surge

(5 September 2017, AFR, p13, by James Thomson) ‘The surging prices of copper, nickel and aluminium reflect renewed optimism about the strength of demand in China, and surprise at the country’s dogged determination to reduce pollution. Copper in London hit its highest price in three years on Monday, at $US6905.50 a tonne in Asian trade. … Continue reading

15 Aug 2016 (AFR) – Metals retreat as nickel drops 4 per cent

(15 August 2016, AFR, p18, by Agnieszka de Sousa and Luzi Ann Javier) ‘Nickel led a slump in industrial metals, dragging down mining stocks, after several economic reports on China revived demand concerns in the world’s top user of raw materials. China’s economic stabilisation faltered in July as factory output, retail sales and investment all … Continue reading

14 Apr 2016 (AFR) – Quarter of Nickel Miners Seen Battling to Survive in Price Rout

(14 April 2016, AFR, p10, by Joe Deaux) ‘A quarter of the world’s nickel miners are caught in a game of chicken, churning out the stainless steel ingredient at a loss in the hope that competitors will shut first, according to research firm IHS. The price of nickel slumped 30 per cent in the past year, … Continue reading

8 Feb 2016 (TheAge) – Nickel downturn set to bring more pain

(8 February 2016, The Age, BusinessDay, p27, Tess Ingram) ‘The Kambalda Football Club is in crisis. For the first time since it formed in 1968, the future of the small but prominent club in the historic West Australian mining town is in jeopardy. The downturn plaguing the nickel sector has forced many of the region’s … Continue reading

26 Nov 2015 (AFR) – Nickel rebounds after hitting 12-year low

(26 November 2015, AFR, p33, by Stephen Cauchi) ‘Australia’s ninth-largest commodity export, nickel, has been comprehensively belted in the current commodities rout, sinking to 12-year lows. The price of nickel for three-month delivery sank to $US8145 per tonne in trading this week – levels last seen in mid-2003. However the price rebounded early Wednesday morning, rising 5.7 per cent – … Continue reading

9 July 2015 (TheAge) – Commodity carnage: broad sell-off in metals and energy commodities charts

(9 July 2015, The Age, BusinessDay, p25, Rose Powell , Journalist, View more articles from Rose Powell ) ‘Three key commodities for Australia hit six-year lows on Tuesday night as commodity prices enter bear market territory and edge towards collapse in increasingly volatile markets. Iron ore prices dropped below $US50 a ton overnight, pushing the key … Continue reading

25 Jun 2014 (AFR) – Mirabela recovery the toast of distressed debt scene

(25 June 2014, AFR, p16, Amanda Saunders) ‘Mirabela Nickel will be handed back to its directors on Wednesday and is poised to relist on the ASX after a stunning comeback that has the country’s distressed debt scene frothing. Brought to its knees in October after losing half its customer base and facing the forced closure of … Continue reading