"Major Brazilian mining company Vale SA will only make new investments in nickel if global prices for the metal rise from their current price below $13,000 per tonne to around $20,000 per tonne, the firm’s chief executive said on Tuesday.
The firm would wait for a price recovery before using nickel reserves, and the company’s previous reduction in nickel production was a “conscious” decision, Fabio Schvartsman said at an event hosted by FT Commodities in Rio de Janeiro. "
VALE Nickel price
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $14.71M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $2.386K | 757.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 118 | 81051859 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 61316317 | 47 |
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| Last trade - 14.18pm 26/09/2024 (20 minute delay) ? |
| POS (ASX) Chart |