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Nickel rallies as Indonesia announces another cut

Output from Weda Bay cut to 12Mt for 2026, from 42Mt.

Siobhan Lismore-Scott
Nickel at Weda Bay

Nickel at Weda Bay | Credits: Shutterstock

Nickel markets gained in early trade on news that the Indonesian authorities have once again culled nickel production out of the world's largest mine, Weda Bay, to 12Mt, from 42Mt. The Weda Bay mining...

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