Nickel

Re: Nickel

Postby winston » Mon Feb 06, 2017 1:52 pm

What Philippines’ Mining Ban Means For Investors

By Shuli Ren

As part of the Going Green campaign, the Philippines government has ordered the closure of 23 mines, while also suspending operations at another 5 mines. The latest mining ban accounts for about half of the Philippines’ nickel output.

According to Credit Suisse, this mining ban could shave 0.2% of the Phillipines’ economic growth and hurt foreign investors’ sentiments. Analyst Micahel Wan wrote:

We estimate real GDP growth could decline by around 0.2 pp, while employment could decline by around the same magnitude (0.3%). For context, this compares with the current unemployment rate of around 5%, which is already at a two-decade low.

We could see bigger impact to exports and local government finances: We note that the production cuts will likely have a more significant impact on:
(1) exports; and
(2) local government fiscal balances.

We estimate that the mining closures and suspensions could reduce exports by around 2%, weighing on the current account over the rest of 2017… Mining revenues also contribute to local government revenues, accounting for around 3% of local government fiscal surpluses as of 2011, the latest data available from the IMF.

While the first-round economic impact to the Philippines from the mining ban may be manageable, we fear that these mine closures could send a negative message to foreign direct investors and manufacturers about the ease of doing business in the Philippines over the longer term.

The Philiipines’ largest miners tumbled on Monday after resuming trading. Global Ferronickel Holdings (FNI.Philippines) tumbled 11% while Marcventures Holdings (MARC.Philippines) slipped 6%. Year-to-date, the iShares MSCI Philippines ETF (EPHE) gained 6.1%.

Source: Barron's Asia

http://blogs.barrons.com/asiastocks/201 ... investors/
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Re: Nickel

Postby winston » Mon Feb 13, 2017 10:20 pm

Feb 10, 2017

Turmoil In Both Indonesian And Filipino Mining Policies Means Volatility

Nickel was said to be in a supply deficit last year of 209,000 metric tons, according to Bloomberg, and is projected to remain in deficit this year to the tune of 188,000 mt.

Source: Investing.com

https://www.investing.com/analysis/turm ... -200175311
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Re: Nickel

Postby winston » Tue Mar 14, 2017 1:41 pm

Indonesia, Philippines Vie For Dominance In Nickel, And Confuse Traders

By Shuli Ren

Duterte said he was looking at a total mining ban and accused miners of “giving funding to the other side to destabilize me“.


The Philippines is the top supplier of nickel ore with approximately 10-20% of the global nickel mining capability.


Indonesia, another major nickel producer, flip-flopped and reversed its mining exports ban in January, three days after it came into effect.

As a result, nickel prices are back to where they were in the middle of 2016 as the policies of the the Philippines and Indonesia are cancelling each other out.


Source: Barron's Asia

http://blogs.barrons.com/asiastocks/201 ... e-traders/
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Re: Nickel

Postby winston » Sat May 06, 2017 9:31 am

Nickel; Lower - US$9148 from US$9450 from US$9380
a. Construction, Cars, Cookware, Jets, Appliances, Lithium Ion Batteries etc
b. Phillippines: 1/4 of Global Supply; 30 mines closed (1/2 PI Output)
c. Indonesia: Allowed exports but requires 51% ownership by locals
d. Chinese Stainless Steel: +12% yoy
e. Global Demand: +6% pa
f. Battery Demand for Nickel: +20% in 2016
g. Demand for Lithium Ion Batteries: +14% pa
h. Deficit: Rising from 67k tonnes in 2016 to 93k tonnes in 2017
i. Vehicle: JJN (iPath Bloomberg Nickel); Not Liquid
viewtopic.php?f=33&t=969
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Re: Nickel

Postby winston » Tue Oct 31, 2017 7:09 pm

Electric cars set world's nickel miners on new course

by James Regan, Melanie Burton

Some of the biggest producers of the higher-grade ores, including BHP Norilsk Nickel, Vale and Sumitomo Corp, are moving quickly to take advantage and seal long-term supply deals with battery producers.


Smaller producers with ores suitable for batteries, such as Australia’s Independence Group and Western Areas also stand to win.


Benchmark prices on the London Metal Exchange have jumped 17 percent in the year to date to $11,725 per tonne, but remain well below the 2014 peak of more than $21,400, and over 75 percent off the all-time high of just over $51,000 in 2007.


UBS estimates that 15 million electric vehicles will be on the road by 2025, lifting nickel demand by 300,000-900,000 tonnes, or by 10-40 percent of the current market.


Source: Reuters

http://www.reuters.com/article/us-metal ... ser%20List
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Re: Nickel

Postby winston » Tue Oct 31, 2017 7:19 pm

One Metal Will Be Transformed by the Electric Car Boom

By Mark Burton and Jack Farchy

‘We should start to get bullish now,’ Trafigura economist says
Still, nickel market remains bloated by large inventories

While other battery metals like cobalt and lithium have more than doubled since the start of last year, nickel prices have been subdued because of large inventories.


Nickel production would need to increase 1.2 million tons by 2030, equal to more than half of current global output, to keep up with demand from the battery industry.

Prices are currently more than double what it costs Glencore to mine the metal.


Indonesia and the Philippines flooded the market with low-grade supply.


Current stockpiles are four times bigger than since the start of 2012.


Indonesia has authorized its largest producer to export more nickel ore.

The Philippines has also discussed ending a ban on open-pit mining, raising concerns that supply will spike.


About half of global nickel production is in the form of ferronickel or nickel pig iron, which is nickel alloyed with iron, making it suitable for stainless steel.

Battery makers, instead, use nickel sulphate, produced by dissolving pure nickel metal in sulphuric acid.


Source: Bloomberg

https://www.bloomberg.com/news/articles ... gn=markets
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Re: Nickel

Postby winston » Tue Aug 07, 2018 8:37 am

Now’s the Time to Buy Elon Musk’s Favorite Metal

by David Forest

Musk wants to add 33% more nickel into each battery, coming at a time when overall demand for EV batteries is going through the roof.

The biggest source of Nickel Sulphide is in Sudbury, Canada.

Western Australia is a significant producer of nickel sulfide. But aside from Australia and Canada, the only other place on Earth with big nickel sulfide deposits is Russia.


Source: Casey Daily Dispatch

https://www.caseyresearch.com/nows-the- ... ite-metal/
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Re: Nickel

Postby winston » Sat Sep 08, 2018 4:42 am

Nickel is in deficit, and prices over next two to three years are likely to rise to $28,000 a ton, versus about $12,300 now.

Source: Bloomberg
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Re: Nickel

Postby investar » Sat Sep 12, 2020 3:09 am

https://electrek.co/2020/09/11/tesla-ca ... ls-report/

Rumor of TSLA/Musk discussing a deal with mini Canadian nickel explorer Giga Metals sends their stock up 100% today (and counting).
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Re: Nickel

Postby winston » Fri Jul 09, 2021 3:03 pm

Beginner’s Guide to Nickel Investing

by Rosemary Carlson

It is in a wide variety of products like batteries, mobile phones, wind turbines, gas turbines and medical equipment. Most nickel currently used in production is found in stainless steel.

Nickel reserves lie primarily in the Philippines, Indonesia, Australia, Canada and Russia.


Source: Yahoo Finance

https://finance.yahoo.com/news/beginner ... 24335.html
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