Nickel Miners News For The Month Of July 2026

Nickel spot prices were slightly higher the last month. Nickel market news - The Indonesian government has clearly stated that it will not fully relax the RKAB nickel ore quotas. Nickel company news - Vale Q2 nickel production totaled 42.0 kt, 4% higher YoY. IGO Limited agrees to divest its Nova Nickel Operation to GL1 for A$7M. Nickel Industries Q2 Adjusted EBITDA from operations was ~US$120M, up from US$86M in Q2'2025. QPM Energy appoints receivers. NexMetals drills 11.15m of 7.65% CuEq (3.10% Cu, 2.21% Ni) at Selebi Main. Power Metallic Mines drills 36.42m of 2.83% CuEqRec. at Lion Zone. As of July 29, the nickel spot price was USD 17,048/t , higher from USD 16,733/t