Stainless MMI: Q1 Mill Results, Nickel Price Stabilizes agmetalminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agmetalminer.com Daily Mail and Mail on Sunday newspapers.
Bearish Nickel Prices Squeeze Steel Mill Earnings oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.
Nickel Price: The move resulted in heavy investment by smelting companies, mostly from China, but has also led to global oversupply of processed nickel, which the market blames for a sharp price correction in the past year that has hit Australian producers especially hard.
Amid global concerns over the nickel market s downturn and its impact on electric vehicle (EV) battery production, the Australian government s decision to include the metal in its commodities subsidy list signals a crucial step towards supporting the struggling industry.