Tag: nickel mining quotas

Indonesia plans major cuts to 2026 mining quotas PT Vale mine disruptions add short-term supply uncertainty LME nickel prices averaged $17,800/t in the week ended 9 January, rising 5.2% w-o-w from $16,915/t, supported by supply-side uncertainty. Meanwhile, LME-monitored inventories rose 11.5% to 284,790 t, limiting upside momentum as ample stocks continue to cap sustained rallies.…