China insight

Vale’s profit slumps well below forecasts

Brazil’s Vale, one of the world’s largest miners, reported a first quarter net profit down 59% from a year earlier, far below analyst expectations, as profits were dragged down by weaker sales and lower iron ore prices.

Thursday, April 27, 2023

QPM signs binding nickel ore agreement with MKM

A binding ore supply agreement signed between Queensland Pacific Metals Ltd (QPM) and Maï Kouaoua Mines (MKM), highlights QPM's growing presence and strength of relationships it has established in New Caledonia.

Wednesday, April 26, 2023

Nickel demand to increase to 3.13 million tons in 2023, supply to increase to 3.37 million tons - INSG

Nickel demand to increase to 3.13 million tons in 2023, supply to increase to 3.37 million tons.

Wednesday, April 26, 2023

Thyssenkrupp's new CEO faces impossible task: selling steel

Thyssenkrupp's new CEO faces impossible task: selling steel

Wednesday, April 26, 2023

India’s steel imports shoot up to 7 mt; highest in recent years

India’s steel imports shoot up to 7 mt; highest in recent years

Wednesday, April 26, 2023

LME brokers see big gains in 2022 from volatility after nickel debacle

April 24 (Reuters) - Most brokers and banks trading on the London Metal Exchange (LME) had a bumper year in 2022 in a highly-volatile market, but a provision by JP Morgan due to a nickel crisis weighed on its profits, according to results and industry sources.

Wednesday, April 26, 2023

GM and Samsung partner to build a new battery factory in the US

GM and Samsung SDI have announced that they are partnering to build a new battery cell factory in the US to power GM's electric vehicles.

Wednesday, April 26, 2023

CME Group not planning to launch nickel contract to rival LME

CME Group Inc, the world’s largest derivatives exchange, is not planning to launch a nickel contract to rival the London Metal Exchange (LME), Terry Duffy, chair and chief executive of the group, told the Financial Times on April 24.

Tuesday, April 25, 2023
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