Nickel prices on Tuesday gained 0.68 per cent to Rs 899.60 per kg in futures trade as speculators built positions on rising demand from alloy-makers at spot market.
On the Multi Commodity Exchange, nickel contracts for March delivery gained Rs 6.10, or 0.68 per cent, to Rs 899.60 per kg in a business turnover of 4,408 lots.
In September 2017, Anglo Pacific Group PLC (LON:APF) entered into a royalty agreement with Brazilian Nickel Ltd (Brazilian Nickel) to acquire an initial 1% gross revenue royalty over the Piauí nickel-cobalt project.