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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 “l(fā)ossmaking 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.

[Ferro-Alloys.com]Glencore has announced its 2015 annual production report, the company’s nickel production totaled 96,200 tons in 2015, down by 5% year on year, mainly due to the Sudbury smelter to suspend for 6 weeks and Koniambo refinery caused by metals l...