Nickel

Vast mineral deposits in the Indian Ocean can make India self-sufficient in nickel and cobalt, a top official of the International Seabed Authority (ISA) said on Tuesday. Nickel and cobalt are critical ingredients in the lithium-ion batteries used in most electric vehicles, which are zero-emission automobiles. Praising the Indian government's efforts in this direction through its Deep Ocean Mission, Michael W Lodge, ISA's Secretary-General, also exuded confidence that India can become a global leader in deep sea mining. He was speaking to reporters on the sidelines of International Conference on Seabed Mining', held at the Gujarat National Law University in Gandhinagar. India was one of the very first pioneer investors in deep sea mining, starting from the 1980s. In recent years, there has been enormous progress. Under the Deep Ocean Mission, India's progress was phenomenal. India has the potential to become a global leader in deep sea mineral exploration and exploitation, said ...

The missing nickel is a blow for the company that has grown rapidly in the past decade to become one of the world's largest trading houses

Firm's MD Abhyuday Jindal says next milestone after completing expansion would be to achieve 100% capacity utilisation, after which it may look at backward integration

Southeast Asia's biggest economy has been trying to get Tesla to set up a production facility in the country, which has major nickel reserves

Interest rate hikes, however, remain a pet peeve

Fund manager Elliott Associates sued London Metal Exchange for $456 million following the suspension and cancellation of nickel trades on the platform owned by Hong Kong Exchanges and Clearing Ltd

On March 8, nickel contracts on the London-based exchanges surged as much as 111 per cent to breach $100,000 per tonne

The trading shutdown after Western sanctions threatened supply from major producer Russia is the biggest crisis to hit the 145-year-old exchange in decades.

The metal added more than $10,000 to trade at a 15-year high above $40,000 a ton -- the biggest-ever daily dollar gain in the 35-year history of the contract

The company had invested heavily to expand business and explore more materials in the nickel sector as the resource is gaining traction amid a global new energy boom

Nicomet has a capacity to produce 7.5 tonne per annum of nickel and cobalt.

The exchange already offers base metal options on futures in copper and zinc and option contracts in gold, silver and crude

Any breach below 1,340-1,350 would crash Nickel's prices till 1,300

Nickel has made 'harami' candlestick formation after sharp red candle, indicating selling momentum has subsided

For Copper sellers to gain upperhand, they must breach the support of 668 levels

Gold made 'Hammer' candlestick in the month of November after slipping 5.4 per cent and has now bounced back

Zinc, aluminium poised for correction as prices move ahead of fundamentals

On the daily scale, Zinc has witnessed a crossover of 20 and 50 EMA, suggesting fresh sign of bullishness

There is a negative divergence in RSI_14 on Crude oil's daily scale

Nickel took support around 900 and then bounced back till 932