nickel

Editor’s Note: This article has been updated with a spelling correction in the headline. The United States and the United Kingdom have launched new measures to disrupt Russia’s revenue stream. The latest sanctions target commodity exports by prohibiting metal exchanges from accepting...

Canada Nickel Company (OTCQX:CNIKF) is accelerating the development of its flagship Crawford nickel project in Ontario. The company recently announced the commencement of Front-End Engineering Design (FEED) by Ausenco Engineering Canada in the district, where it also plans a $1 billion processing...

TORONTO – When it comes to raising money, Canada-based FPX Nickel Corp. (OTC:FPOCF) is a bright spot among exploration-stage miners. Even as capital markets crater for junior mining companies, FPX has been able to tap another mining industry trend — the appetite for metals used in electric vehicles...

The electric vehicle (EV) industry is experiencing a significant shift as producers of lithium and nickel, essential components in lithium-ion batteries, are pausing projects and shutting down mines in a bid to conserve cash. This move comes in the wake of a dramatic decrease in commodity prices,...

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) has dominated the EV sub-sector of the automotive industry for years. Among the items that may have helped Tesla most are its vertical integration and maintaining control over the supply of materials. One of its key suppliers is the subject of an...

The iShares MSCI Global Select Metals & Mining Producers ETF (BATS: PICK) is down roughly 16.53% year-to-date. Despite being down, it was considerably better than the S&P 500 down nearly 21% year-to-date. This ETF offers access to the global mining industry through an...

The U.K.’s Financial Conduct Authority and Prudential Regulation Authority (PRA), part of the Bank of England, to investigate the LME’s approach to its suspension and resumption of the nickel market in the wake of a short squeeze that sent prices soaring and resulted in the...

It’s been three weeks since nickel was suspended on the London Metal Exchange after a 250% price spike, and while trading has resumed, the market remains all but paralyzed, reported Bloomberg. Accusations have started to make rounds as the crisis worn-out. Investors are preparing...

The rising price of metals including nickel and copper has led to a unique valuation of the metal contained inside common U.S. coins. What Happened: The price of nickel has soared in 2022. The commodity is now worth $37,200 per ton as of Friday. The price of nickel is up over 130% in the last year...

Nickel surges by the 15% exchange limit for a second day at The London Metal Exchange, putting fresh pressure on bearish position holders after an unprecedented short squeeze earlier this month, reported Bloomberg. Nickel is up 53% during March in LME after wild swings. The report added...

Nickel volumes surged as prices traded within the London Metal Exchange’s daily limits for the first time since reopening last week, Bloomberg reported. Prices climbed to a high of $29,700 a ton and remained within a 15% intraday limit set by the bourse. Nickel prices jumped 250%...

The rising costs of nickel and lithium, two key components for electric vehicles, have begun to hit the sector with industry leader Tesla Inc (NASDAQ: TSLA) raising the prices of several vehicle models as a result. Here is a look at what the least expensive Tesla vehicle now costs. What...

Nickel prices continued their decline on Monday, with the benchmark three-month contract falling 15% to hit another new trading limit, reported CNBC. The price hit $31,380 a metric ton as it opened for trade on the London Metal Exchange, the report cited Refinitiv data. On Friday, the price...

Volkswagen Group (OTC: VWAGY) said on Monday its China subsidiary will set up two joint ventures, with Huayou Cobalt and Tsingshan Group, to secure nickel and cobalt for making electric-vehicle batteries.  What Happened: The joint ventures will be both...

The benchmark three-month nickel contract fell 12% on Friday morning to hit a new trading limit, as heavy selling continued on international metal markets, reported CNBC. The price hit $36,915 a metric ton as it opened for trade, stated Refinitiv data. The London Metal Exchange, ...