There’s good news and bad news emerging from China when it comes to nickel production, says a mining analyst with a keen interest in Sudbury as (is) booming in China.
http://www.thesudburystar.com/2013/03/21/there-will-be-more-nickel-needed
VALE chief executive Murilo Ferreira has forecast China’s iron ore demand will keep rising for the next decade as the nation’s urbanisation continues.
Mr Ferreira said China’s iron ore demand could eventually hit 1 billion tonnes on the back of increased steel production.
Companies in Jiangxi province have acquired nearly 60% of the licenses granted for excavating rare earth mines in China, under the Chinese government’s plan to protect the industry and improve the competitiveness of miners, the 21st Century Business Herald reported.
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20130106000126&cid=1102
As more analysts added their voice to the chatter about BHP Billiton divestments, it appears the Big Australian’s WA nickel assets are safe for now.
http://au.news.yahoo.com/thewest/a/-/breaking/15634923/bhp-nickel-assets-safe/
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