Latest news on China Nickel Matte markets

Indonesia NPI production up 9.2% in Oct

According to Mysteel survey, Indonesia's NPI production stood at 128,300 tonnes (in metal content, the same below unless otherwise stated) in October, rising 9.18% month on month (MoM) and 26.3% year on year (YoY).   Mysteel survey sample covers 48 hydrometallurgy-based nickel smelting projects in I

Indonesia's high-grade nickel matte production dips 7.6% MoM in Aug

According to four sample smelters located in Indonesia surveyed by Mysteel, Indonesia's high-grade nickel matte production in August 2023 was 21,500 tonnes, a 7.6% decrease MoM, but a 3.3% increase YoY. The year-to-date production recorded 167,600 tonnes, a cumulative 57.9% increase YoY. It is estim

MBMA's largest battery factory to be completed within two years

On July 26, 2023, Merdeka Battery Materials (MBMA) suggested its battery factory currently under construction will be completed in at least the next two years.   MBMA's director Andrew Starkey said the development of the battery plant was integrated with the nickel mine. The plant uses nickel limoni

China ENFI signs MMP nickel smelting project contract

On July 12, China ENFI and PT MITRA MURNI PERKASA (MMP) signed an agreement on the MMP nickel smelting project. Liu Cheng, Secretary of the Party Committee and Chairman of China ENFI, Andrew Hidayat, founder of Indonesian MMS Group, and Adhi Mustopo, General Manager of MMP Company, attended the sign

Daily: Nickel sulfate market 2023.3.28

Price:   Supply and Demand:    The price of nickel sulfate will keep falling due to strong supply and weak demand. The nickel sulfate manufactures have been forced to cut prices and reduce production amid overall declining output and demand of the ternary industry chain. Nickel price continued to fa

Daily: Nickel sulfate market 2023.3.20

Price:   Supply and Demand:    Nickel sulfate prices will keep falling as Ni price does amid low demand and increased supply of MHP from Indonesia.   Edited by Alex Xie, xiehan@mysteel.com