Nickel Miners News For The Month Of November 2024
Portfolio Pulse from
Nickel prices remained flat in November 2024, with a surplus expected to continue. Battery nickel demand is projected to triple by 2030. Huayou is seeking a $2.7 billion loan for a nickel smelter project with Vale and Ford. GEM and PT Vale Indonesia are partnering on a $1.4 billion nickel project.
November 29, 2024 | 2:00 pm
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Vale is involved in a $2.7 billion nickel smelter project with Huayou and Ford, and a $1.4 billion project with GEM and PT Vale Indonesia.
Vale's involvement in significant nickel projects with Huayou, Ford, and GEM indicates potential growth and expansion in the nickel market, which could positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80