Russia fears light fire under nickel price

MINEX Forum | April 26, 2018
img0 Nickel surged to a more than three-year high amid growing fears that Russia’s Norilsk Nickel, top producer of the metal, could be the next victim of US sanctions against Russia that has already caused chaos on aluminum markets. Nickel, used primarily in steelmaking, jumped as much as 4.6%  to $14,870 a ton on the London Metal ...

Europe push to ease Russia sanctions Paris-led effort to convince Trump

MINEX Forum | April 24, 2018
img0 Europe in diplomatic push to ease Russia sanctions Paris-led effort to convince Trump comes after US measures send metals prices soaring. A Europe-wide diplomatic push is under way to persuade the Trump administration to ease US sanctions targeting Russia, as fears mount that the restrictions are so severe they risk hitting manufacturing activity across the ...

Sanctions fever grips nickel as market rethinks Russia risk

MINEX Forum | April 24, 2018
img0 Sanctions fever has spread to nickel. With Russian aluminium producer Rusal imploding in the wake of U.S. sanctions against its oligarch owner Oleg Deripaska, attention is now turning to the status of another Russian industrial powerhouse, Norilsk Nickel. Deripaska is a 27.8 percent shareholder in Norilsk, while the oligarch behind the world’s number two nickel ...

Russia to stop exporting titanium to Boeing in counter-sanctions against US – draft law

MINEX Forum | April 13, 2018
img0 Russia’s Federation Council is looking to adopt counter-sanctions against the US, under which the country may ban exports of titanium components to aircraft giant Boeing, according to Russian Senator Sergey Ryabukhin. “Among the rare earth metals that Russia supplies to the United States is titanium, which is necessary for the technological cycle of production of ...