Nickel Miners News For The Month Of April 2021

Summary

  • Nickel spot prices were higher in April and the LME inventory was slightly higher. Tsingshan's decision to produce a large amount of nickel pushed nickel prices lower in March.
  • Nickel market news - The battery-powered future depends on a few crucial metals - primarily lithium, cobalt, and nickel.
  • Nickel company news - Trafigura, New Caledonia Group complete takeover of Vale's Goro nickel, cobalt unit. Nornickel US$2b buyback. Panoramic Resources approves restart of the Savannah Nickel operation.
  • Nickel Mines completes US$175 million offering of 6.5% senior unsecured notes. Talon Metals intersects 138.18m grading 2.26% nickel eq. at the Tamarack Nickel Project. Canada Nickel expands nickel land package.
  • I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

Nickel Ni, chemical element. 3D rendering isolated on black background
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Welcome to the nickel miners news for April. The past month saw a large volume of news and generally good results from the nickel producers boosted by strong nickel prices over the past few

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Analyst’s Disclosure:I am/we are long BHP GROUP [ASX:BHP], VALE SA (VALE), NORILSK NICKEL [LSE:MNOD], ARDEA RESOURCES [ASX:ARL], AUSTRALIAN MINES [ASX:AUZ], POSEIDON NICKEL [ASX:POS], AMUR MINERALS [LN:AMC], JERVOIS MINING [TSXV:JRV]. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The information in this article is general in nature and should not be relied upon as personal financial advice.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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