Russian Metals Major Norilsk Nickel's Profits Drop 37% in 2024

02.13.2025 - Nickel

Russian nickel, copper and platinum group metals major Norilsk Nickel posted a 37% year-on-year decline in IFRS net profit to $1.8 billion in 2024, with EBITDA decline of 25% y/y to $5.2 billion, and revenues down by 13% y/y to $12.5 billion.

CNGR Advanced Materials to End Nickel Refinery Joint Venture with Posco, Focus on Hong Kong Listing

02.13.2025 - Nickel

Shenzhen-listed CNGR Advanced Materials announced it will terminate its nickel refinery joint venture with Posco and prepare for its upcoming listing on the Hong Kong Stock Exchange.

Weiming plans to double Ni cathodes capacity in 2025

02.12.2025 - Nickel

After delayed by several months, Weiming has bring their first Ni cathodes on line in end of 2024 with 25kt per year. The compnay plans to add another 25ktpa in Q2 2025.

Glencore nickel production down by 16% YoY in 2024

02.11.2025 - Nickel

Recently, Glencore has annouced the full year 2024 production for all products. Regarding nickel, excluding Koniambo (KNS), own sourced nickel production of 77,300 tonnes was 6,900 tonnes (10%) higher than 2023. Overall own sourced nickel production of 82,300 tonnes was 15,300 tonnes (16%) lower than 2023, reflecting KNS’s transition to care and maintenance (22,200 tonnes) in Q1 2024, partially offset by recovery from the INO supply chain constraints seen in the base period (3,700 tonnes) and higher production from Murrin Murrin (3,200 tonnes).

CNGR plans to build another 20kt/year Ni cathodes line

02.10.2025 - Nickel

According to local news, CNGR plans to set up 20kt per year nickel cathodes production in in Guizhou province alongsdie with their PCAM and nickel sulfate plant in Tongren city.

Nickel Industries Strengthens Position Amid Market Challenges and Expanding Operations

02.07.2025 - Nickel

Australia’s Nickel Industries (NIC) continues to expand its operations and capitalize on strong margins despite a weak nickel market, with new projects and strategic partnerships bolstering its position in the global nickel industry.

Anglo American Production Report Q4 2024

02.06.2025 - Nickel

uncan Wanblad, Chief Executive of Anglo American, said: "All of our businesses delivered their full year production guidance following another solid operational performance in the fourth quarter. At our Copper operations, Quellaveco delivered its strongest quarter of the year, and the reshaped Los Bronces mine continues to perform well. Our Minas-Rio iron ore operation in Brazil produced a record 25 million tonnes for the year.

Boliden Q4 2024: Future-proofing Boliden - Announced acquisition, improved performance and strong cash flow

02.06.2025 - Nickel

In the last quarter of the first century of Boliden's operations, we are once again showing that we have a fundamental stability in both our business areas. Among our mines, the general development is particularly positive in the Boliden Area as well as Garpenberg. In our smelting operations, our Finnish units are again showing the greatest strength." - Mikael Staffas, President and CEO

Antam nickel production down sharply in 2024

02.04.2025 - Nickel

ANTAM recorded the all time high of the gold sales in the Company's history with sales in 2024(FY24) of 43,776 kg (1,407,431 troy oz.), an increase of 68% compared to 2023 (FY23), with gold production in FY24reached 1,019 kg (32,762 troyoz.).