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Stanislav Kondrashov from Telf AG: nickel production strategy and market trends

Published Mon, 24 Feb 2025 11:24:00 GMT

While the overall market is forecast to be in surplus in 2023, the supply of Grade 1 nickel on the London Metal Exchange (LME) remains relatively tight, says Stanislav Kondrashov of Telf AG. Grade 1 nickel stocks on the LME are currently at historical lows, which is expected to limit downward pressure on nickel prices throughout the year.Kondrashov Telf AG: Grade 2 nickel is in surplus, Grade 1 supply is limitedAccording to the forecasts of the International Nickel Research Group (INSG), global production of primary nickel in 2021 reached 2.610 million tons (Mt), and increased to 3.060 Mt in 2022. According to forecasts, in 2023 it will reach 3.374 million tons.As for the use of primary nickel, according to INSG, in 2021 it amounted to 2.779 million tons, and in 2022 it increased to 2.955 million tons. The forecast for 2023 suggests a further increase to 3.134 Mt.After a deficit of 169 kt (kt) in 2021, the nickel market moved to a surplus of 105 kt in 2022, with a surplus of 239 kt ...

Significantly cooler weather arrives in Southern California

Published Mon, 24 Feb 2025 11:24:00 GMT

Southern Californians have dealt with a number of heat waves this summer, but now residents finally get the chance to settle in and enjoy some cooler afternoon highs.The decline in temperatures started this week and will continue through at least the weekend, according to the National Weather Service. Forecasters believe we will get even further cooling next week as clouds and fog spread into most areas west of the mountains every night and into the morning hours.Afternoon highs are already expected to be slightly below average on Friday but could be nearly 10 degrees under the average in some areas by next week.In the Inland Empire, afternoon highs could tumble from about 90 degrees Friday to nearly 80 degrees by Tuesday and Wednesday.Nothing in the Weather Service forecast appeared to show a return to hot weather any time soon, so Southern Californians may finally have a chance to get used to these cooler, fall-like days.

Ex-Sheriff Villanueva To Run For Board of Supervisors

Published Mon, 24 Feb 2025 11:24:00 GMT

Former L.A. County Sheriff Alex Villanueva announced his intention to run for a seat on the Board of Supervisors.Villanueva would run for the county’s 2024 4th district seat, which is currently held by Supervisor Janice Hahn.In response to Villanueva’s announcement, Supervisor Hahn pointed back to the former Sheriff’s re-election loss as evidence that voters did not want him in a position of power.“LA County voters — including District 4 — resoundingly rejected the man known as the ‘Donald Trump of LA County’ last November for his incompetence and corruption,” Hahn said in a statement. “LA County became less safe under Villanueva’s reign. He is a fraud and a failure, and LA County voters won’t be fooled again.”In 2022, Villanueva lost his re-election bid for sheriff against now Sheriff Robert Luna.During the election cycle, Villanueva was accused of being part of law enforcement gangs, accusations he said “fell apart” in courts d...

New England, Canada prep for Hurricane Lee’s arrival

Published Mon, 24 Feb 2025 11:24:00 GMT

By David Sharp and Patrick Whittle | Associated PressPORTLAND, Maine — New England harbors and fishing villages were being emptied of boats — and some were becoming ghost towns — as commercial fishermen and recreational boaters scrambled Friday to make final preparations for the arrival of Hurricane Lee, a storm threatening to bring tropical-storm-force winds across a swath hundreds of miles wide.Hundreds of out-of-state utility workers poured into Maine amid fears of widespread power outages because of a combination of heavy winds and rain-saturated soil in the nation’s most heavily wooded state.A tropical storm warning was in place from Maine to Massachusetts, but forecasters removed a hurricane watch for eastern Maine, as the storm with 20-foot (6-meter) ocean swells approached. Forecasters said there would be winds topping 40 mph (64 kph) across an area spanning more than 400 miles (643 kilometers) ahead of landfall Saturday afternoon.On Friday, there was little else to be...

Bay Area adds jobs in August, but clear signs of economic slowdown emerge

Published Mon, 24 Feb 2025 11:24:00 GMT

The Bay Area gained jobs in August, but signs have emerged that the region’s economic engine has begun to sputter and isn’t creating employment as briskly as before.The nine-county region added 3,000 jobs last month, powered mainly by sturdy employment gains in the East Bay that offset big job losses in the San Francisco-San Mateo region and smaller losses in the South Bay, the state Employment Development Department reported.The East Bay added 3,500 jobs in August, but the San Francisco-San Mateo metro area chopped 1,200 jobs while the South Bay lost 500 jobs, according to the most recent EDD report. All the numbers were adjusted for seasonal volatility.California added 23,100 jobs during August and the statewide unemployment rate remained unchanged at 4.6% compared with the prior month, the EDD reported.While employment can fluctuate month to month, an analysis of the pace of job gains over the most recent one-year period shows a definite shift towards a job slowdown &...

Mayo Clinic expert answers questions about the new COVID-19 vaccine

Published Mon, 24 Feb 2025 11:24:00 GMT

DeeDee Stiepan | Mayo Clinic News Network (TNS)Ahead of the fall respiratory virus season, the Food and Drug Administration has approved two updated COVID-19 vaccines. The new messenger RNA, or mRNA, vaccines from Moderna and Pfizer/BioNTech are formulated to better target variants that are currently circulating and will replace outdated vaccines.“The new vaccine that was just approved by the FDA is essentially a COVID vaccine targeting a different strain of the COVID virus than was in the original vaccine or in the bivalent vaccines that came out last year. It’s still a COVID vaccine, but it’s now targeting the XBB.1.5 strain, which has been the omicron-type virus that’s been circulating throughout the U.S. and most parts of the world since the beginning of this year,” says Dr. Priya Sampathkumar, a Mayo Clinic infectious diseases expert.Is it considered a booster?“It’s not exactly a booster. I would liken it to the updated influenza vaccin...

The Roxy is 50: Here’s how the landmark Sunset Strip venue is celebrating

Published Mon, 24 Feb 2025 11:24:00 GMT

Fifty years ago, Neil Young and the Santa Monica Flyers walked on stage at a brand-new Sunset Strip nightclub and the Roxy Theatre was born.On Wednesday, Sept. 20, 2023 – 50 years to the day later – Young returns to the West Hollywood theater to celebrate the kind of anniversary few music clubs ever achieve.In the half-century in between, the club co-founded by Lou Adler and the late Elmer Valentine, and still co-owned by Adler, now 89, with his son Nic Adler, has held a rare place in the history of pop culture and the dreams of artists and fans alike.The Roxy Theatre was co-founded by music and film producer Lou Adler and club owner Elmer Valentine, who also owned the Whisky A Go Go and the Rainbow Bar & Grill. Adler, seen here second from left, who still co-owns the club with his son Nic Alder, also had a handful of investors, seen here with him outside the club around the time it opened. Left to right are concert promoter Bill Graham, Adler, Chuck Landis, who owned the Largo ...

Get burgers for as little as 1 cent on National Cheeseburger Day on Sept. 18

Published Mon, 24 Feb 2025 11:24:00 GMT

We have a reason to like Monday. That’s because Sept. 18 is National Cheeseburger Day.Here are some restaurant chains that have announced promotions.Applebee’s: This casual chain will be selling the Classic Burger, Classic Cheeseburger or Classic Bacon Cheeseburger with fries for $8.99 at participating locations on Sept. 18, according to a news release.  applebees.comEureka!: The casual restaurant is offering a chile relleno cheeseburger that is being served throughout September, according to its website. eurekarestaurantgroup.comMcDonald’s: Diners can get a Double Cheeseburger for 50 cents at participating locations on Sept. 18 if they order through the chain’s app, according to representatives. mcdonalds.comRelated ArticlesRestaurants, Food and Drink | Bay Area jobs slowdown becomes pronounced Restaurants, Food and Drink | Want to find the best Bay Area restaurants near you? Try this neat mapping tool Restaurants, Food and Drink | The 6...

Pruneyard Cinemas going all in on Martin Scorsese film fest

Published Mon, 24 Feb 2025 11:24:00 GMT

Pruneyard Cinemas is going all out — or maybe that’s all in — with a five-week celebration of legendary film director Martin Scorsese that kicks off tonight with a screening of his 1995 hit “Casino” and a “casino night” pre-party at the adjacent Cedar Room Lounge.More Scorsese movies will follow over the next four Tuesdays: “Raging Bull” (Sept. 19), “The Last Waltz” (Sept. 26), “GoodFellas” (Oct. 3) and “The Departed” (Oct. 10). “Casino” also being screened again Sept. 18 as part of Pruneyard’s Culinary Cinema series, though that screening was nearly sold out.All this is in anticipation of Scorsese’s newest movie, “Killers of the Flower Moon,” which is due out Oct. 20, but Pruneyard Cinemas co-owner Jack NyBlom says it’s also an opportunity to showcase newly remastered 4K versions of the 80-year-old director’s movies on the big screen for Bay Area...

Person 'engulfed in flames' in attempted homicide in Oakland

Published Mon, 24 Feb 2025 11:24:00 GMT

(KRON) -- A person was engulfed in flames in an attempted homicide early Thursday morning near BART's Fruitvale Station, according to the Oakland Police Department.Around 2:30 a.m., officers responded to the report of a person on fire in the 1400 block of 34th Avenue. According to police, officers located a person "fully engulfed in flames" inside of a car. Bay Area cities receive grants to fight organized retail crime, except Oakland The victim was removed from the car that was also heavily engulfed in flames. The victim was transported to a local hospital and is listed in critical condition, police said.This investigation is currently open and active. Anyone with information is asked to contact OPD's Felony Assault Unit at 510-238-3426.