(English) Glencore (GLEN.L), said on Monday it will sell its stake in Koniambo Nickel SAS (KNS) in New Caledonia and that production at KNS's processing plant will be halted for six months while a new investor is sought for the loss-making business.
https://solway.co.id/zh/glencore-to-halt-new-caledonia-nickel-plant-and-sell-stake/
13/02/2024
(English) Glencore to Halt New Caledonia Nickel Plant and Sell Stake
(English) China and Indonesia are set to reduce nickel output by at least 100,000 metric tons this year as producers seek to limit losses following a slump in the price of the metal used in stainless steel manufacture and for EVs, traders and analysts said
https://solway.co.id/zh/china-indonesia-face-deeper-output-cuts-to-tackle-nickel-price-slide/
13/02/2024
(English) China, Indonesia Face Deeper Output Cuts to Tackle Nickel Price Slide
(English) Prices for metals used in batteries swooned in 2023, as rising supply and weak demand drove lithium to its cheapest level in two years, cobalt to its lowest point in four and nickel to its pandemic-era nadir
https://solway.co.id/zh/low-battery-metal-prices-set-to-persist-in-2024-adding-friction-to-energy-transition/
08/01/2024
(English) Low Battery Metal Prices Set to Persist in 2024, Adding Friction to Energy Transition
(English) Indonesian nickel smelters without their own mines are facing growing problems – Indonesian government warns again of scarce nickel ore reserves and deteriorating nickel quality. US inflation continues to fall and overall inflation has more than halved since mid-2023
https://solway.co.id/zh/nickel-shortage-in-indonesia-smelters-facing-problems-stainless-espresso/
14/12/2023
(English) Nickel Shortage in Indonesia: Smelters Facing Problems – Stainless Espresso
(English) Trafigura, a market leader in the global commodities industry, has agreed to invest in an all-in-one nickel refinery that Korea Zinc is set to establish through its nickel sulfate subsidiary, Korea Energy Materials (KEMCO).
https://solway.co.id/zh/korea-zinc-signs-krw185-billion-usd140-million-investment-agreement-with-trafigura-to-build-an-all-in-one-nickel-refinery/
20/11/2023
(English) Korea Zinc signs KRW185 billion (USD140 million) Investment Agreement with Trafigura to Build an all-in-one Nickel Refinery
(English) LX International Corp., the trading unit of South Korea’s LX Group, said on Tuesday it is slated to acquire a 60% stake in Indonesian miner PT Adhi Kartiko Pratama (AKP) at 132.9 billion won ($101.3 million) to produce nickel, a core material for electric batteries
https://solway.co.id/zh/lx-international-to-buy-indonesias-pt-akp-for-nickel-mining/
08/11/2023
(English) LX International to Buy Indonesia’s PT AKP for Nickel Mining
(English) Indonesia aims to cut carbon emissions to 250 million metric tons for its on-grid power sector in 2030 and increase its share of renewable energy generation to 44% under a Just Energy Transition Partnership (JETP), its plan showed on Wednesday
https://solway.co.id/zh/indonesia-sets-emission-target-for-g7-funding-lays-out-investment-map/
02/11/2023
(English) Indonesia Sets Emission Target for G7 Funding, Lays out Investment Map
(English) There’s been no shortage of metals industry turmoil in the early years of the electric-car age, from ups in lithium prices that Elon Musk described as insane, to downs for cobalt springing from battery-chemistry shifts.
https://solway.co.id/zh/bmw-and-mercedes-battery-partner-sees-big-nickel-supply-risk/
23/10/2023
(English) BMW and Mercedes Battery Partner Sees Big Nickel Supply Risk
(English) A senior diplomat on Tuesday dropped some hints that a European company was already serious about building a nickel smelter in Indonesia, although the government official refused to go into details.
https://solway.co.id/zh/european-investor-to-build-nickel-smelter-in-indonesia-govt/
11/10/2023
(English) European Investor to Build Nickel Smelter in Indonesia: Gov’t
(English) China Baowu Steel Group, the world's largest steelmaker, has put on hold the purchase of some Indonesian nickel assets owned by Tsingshan Holding Group, according to a Chinese media report
https://solway.co.id/zh/china-baowu-puts-deal-for-tsingshan-nickel-assets-on-hold-report/
25/09/2023
(English) China Baowu Puts Deal for Tsingshan Nickel Assets on Hold – Report