Norilsk Nickel (OTCPK:NILSY) believes that current nickel spot prices are not sustainable. The nickel market showed low price elasticity in 2015, with production cuts coming mostly from Chinese nickel pig iron producers and a number of mines operating at neg...

Nickel's freefall may have halted as output cuts move the chronically oversupplied market towards deficit, but prices are unlikely to recover sharply unless more loss-making mines close.

Clive Palmer's embattled north Queensland nickel refinery will only be saved if five demands are met, the businessman-turned-politician says.

The Financial Times reported that Pavel Fedorov, vice president of major nickel producer Norilsk Nickel (MCX:GMKN), has warned that nickel prices are unlikely to rise unless “lossmaking producers start to shut mines and close production.”

Minnesota is on its way to developing its first copper-nickel mine, with the state's Department of Natural Resources deciding last week to approve a complex environmental analysis of the project.

Diversified Canadian resources company Sherritt International has selected fleet management systems company Wenco to provide a fleet management system (FMS) for its Ambatovy nickel mine, in Madagascar.

The falling nickel price has pushed Western Areas into an after-tax net loss of A$20-million for the six months ended December, compared with a net profit of A$23.6-million in the previous corresponding period.

2016 global stainless steel output will increase by 2% to 42.30 million tons, a historical high, MEPS predicted. Previously, it forecasted 2015 global SS output below 41.50 million tons.