From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.NMDC puts nickel foray on hold on global oversupply concerns, sources say
RSS excerpt
State-run NMDC has paused its planned entry into nickel, citing oversupply concerns in Indonesia, which accounts for more than 60% of global production. The decision comes as the global market is expected to remain in surplus through 2026. NMDC had also explored Russian nickel assets and supply…
