Nickel

Minerals in Indian Ocean can turn India self-sufficient in nickel, cobalt

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 ...

Trafigura faces $577 million loss after uncovering nickel fraud in India

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

Crucial for India to secure its nickel needs, says Jindal Stainless MD

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

Indonesia says Tesla struck $5-billion deal to buy nickel products

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

Metals' loss is infrastructure and capital goods companies' gain

Interest rate hikes, however, remain a pet peeve

Elliott Associates sues LME for $456 mn over nickel trading suspension

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

Nickel hits lower circuit in early trade on London Metal Exchange

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

LME suspends nickel trade after prices soar past $100,000 a 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.

Nickel spikes 60%: Here's why that matters and who will be hit

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

China nickel producer Lygend Resources to go public in Hong Kong

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

Vedanta acquires Goa-based Nicomet; becomes only nickel producer in India

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

With nickel, MCX launches third base metal derivatives on its platform

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

Trading strategies for nickel and lead by Tradebulls Securities

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

Trading strategies for nickel and copper by Tradebulls Securities

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

Trading strategies for copper and nickel by Tradebulls Securities

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

Trading strategies for gold and nickel by Tradebulls Securities

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

Select base metals may continue to rally in 2021 over weakening dollar

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

Trading strategies for zinc and nickel by Tradebulls Securities

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

Outlook & trading strategies for Nickel, crude oil by Tradebulls Securities

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

Outlook & trading strategies for Nickel, Natural Gas by Tradebulls Sec

Nickel took support around 900 and then bounced back till 932