Indonesia is in talks with China’s Tsingshan Holding Group and Australia’s Fortescue Metals Group to build a new industrial estate for metal smelting near a planned hydropower plant on Borneo island, a minister said on Tuesday.

A scoping study into the Jaguar nickel sulphide project, in northern Brazil, has found that the project could produce some 275 600 t of nickel and would have an initial mine life of ten years.

Nickel exploration company Auroch Minerals has extended the length of nickel sulphide mineralisation for its Nepean project in WA with its latest drilling results.

World Bureau of Metal Statistics: The global nickel market oversupply in 2020 is about 53,000 tons

According to China Metallurgical International, China Metallurgical International construction of the first section of the Indonesian OBI ferronickel project has officially started on January 25.

DeepGreen Metals: extracting nickel resources from seabed nodules

Indonesian President Jacques Zoko said, in view of Indonesia’s largest nickel reserves in the world, it is hoped to focus on the development of downstream nickel industry in the next five years.

Nickel prices jumped on Tuesday after the Philippines, a major producer, ordered a moratorium on nickel mining on an island.