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French miners lament that the profitability of nickel mining business cannot be achieved without china technology and equipment.
① The multinational mining giant Ehmann stated that western companies cannot make a profit in the nickel mining business in Indonesia without relying on china's technology, equipment, and management experience; ② Ehmann and BASF have canceled the 2.6 billion dollar nickel-cobalt refining plant project in Indonesia due to it being 'economically unfeasible'; ③ Ehmann is collaborating with China’s Qingshan Holding to operate the nickel mine in Weda Bay, with the CEO stating that china's technology, expertise, and equipment are key to competitiveness.
Metal Prices Mixed; Copper Slips as Demand Concerns Persist -- Market Talk
Kaiser Aluminum (NASDAQ:KALU) Shareholders YoY Returns Are Lagging the Company's 255% One-year Earnings Growth
Reported Earlier, 'China To Cut Or Cancel Export Tax Rebates For Products Including Aluminum' - Reuters News
Commodity Roundup: Oil Steady, Aluminum Price Forecast Raised to $2,450/tonne at BMI
China International Capital Corporation's nonferrous metals outlook for 2025: Steady progress in copper and aluminum. In 2025, nonferrous metals may see substantial realization of supply and demand improvements.
In 2025, thanks to the production of Malmyzhskoye, increased output from Las Bambas, and the ramp-up of projects such as Kamoa-Kakula 3, QB2, Oyu Tolgoi, and TFM, the growth rate of copper concentrate supply is expected to rise from 1.8% in 2024 to 2.6%.
