Nickel prices have been on an explosive rally as the market bets that Indonesia, the world's largest producer of the battery ...
Indonesia's dominance in nickel production is disrupting global markets, leading to job cuts and mine closures in other countries. The environmental and labor practices associated with Indonesia's ...
Nickel markets have been underwhelming the past couple of years as an oversupply of the base metal exceeded demand. It was a trend that continued through the last quarter of 2024. Indonesian supply ...
As of May 30, the nickel spot price was $15,354/t, slightly lower from $15,544/tonne last month. Nickel inventory at the London Metals Exchange [LME] was slightly lower the past month at 200,862 ...