Nickel Miners News For The Month Of August 2021

Summary

  • Nickel spot prices were lower in August, LME inventory was lower.
  • Nickel market news - Morgan Stanley says demand for nickel is exceptionally strong. BMI says supply disruption leaves MHP nickel refiners high and dry.
  • Nickel company news - Vale's Voisey's Bay expansion project produced first ore, is 66% complete with start-up expected for 2022. BHP to expand Nickel West operations on soaring nickel demand.
  • Anglo American to return an additional $2 billion to shareholders. IGO Limited confirms that it is in preliminary discussions with Western Areas. Western Areas first ore from Odysseus on target this September quarter.
  • 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 August. The past month saw slightly weaker nickel prices and plenty of news from the nickel miners. The sector is generally doing very well right now thanks to strong stainless

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of BHP GROUP [ASX:BHP], VALE SA (VALE), NORILSK NICKEL [LSE:MNOD], ARDEA RESOURCES [ASX:ARL], AMUR MINERALS [LN:AMC], JERVOIS MINING [TSXV:JRV], NEOMETALS [ASX:NMT] either through stock ownership, options, or other derivatives. 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.

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