Category: Non Ferrous
-

LME nickel rises 2% on tighter ore outlook, Indonesian export policy uncertainty
PT Weda Bay Nickel to temporarily halt mining activity Ceasefire extension, weaker US dollar lend support London Metal Exchange (LME) nickel futures strengthened during the week ended 29 May 2026, with the three-month nickel contract closing at $19,125/t, up 2% w-o-w from $18,760/t. Meanwhile, LME warehouse inventories declined 1% to 276,864 t from 279,072 t…