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Nickel Gains After Indonesia Cuts Quota for World’s Biggest Nickel Mine

Nickel climbed on Thursday, after Indonesia sharply cut this year's mining quota for PT Weda Bay Nickel, the world's biggest mine for the critical mineral. The most-active nickel contract on the Shanghai Futures Exchange SNIcv1 climbed 2.49% to 140,570 yuan ($20,366.86) a metric ton as of 0250 GMT. The Shanghai contract surged ...

Copper Rebounds on China Stockpiling, Stronger Risk Sentiment

By Eric Onstad Copper prices rebounded on Tuesday after news that China plans to boost stockpiles of copper and as risk sentiment rekindled among global investors. Benchmark three-month copper on the London Metals Exchange gained 3.6% to $13,360 ...