China refined nickel production down 6.88% MoM in Jan
According to Mysteel survey of 16 sample smelters (up by 1 from last month), China's refined nickel production was 22,729 tonnes in January 2024, a monthly fall of 6.88% month on month and an increase of 50.32% year on year. The average capacity utilization rate reported 72.23%, against a total
Feb 07, 2024 11:02
China nickel sulfate production down 6% in Dec, to fall further in Jan
China's nickel sulfate production totaled 146,600 tonnes in December 2023, or 32,200 tonnes in Ni content, a monthly drop of 6.41%, based on Mysteel new survey samples. The production consists of 0% nickel briquette and nickel powder, 60.21% nickel hydrometallurgical intermediates, 29.03% nickel mat
Jan 09, 2024 13:40
Nickel sulfate prices hit 3-year low on bearish battery market
China's battery grade nickel sulfate prices (crystal) reported Yuan 29,500/tonne as of November 22, a new low in three years, per Mysteel tracking. The weakness was triggered by pessimism across the entire industry chain, aggravated by the sell-offs among battery cell factories in early November.
Nov 23, 2023 11:41
FLASH: Phase II of the nickel sulfate solution project to commence by the end of 2023
Recently, Guangxi Zhiliang New Materials Co., Ltd., introduced the development of its lithium battery scrap recycling industry. It is reported that the first phase of the project started trial production in July,2023, with over 160 employees on the production lines. After the completion of the first
Sep 14, 2023 11:10
Weekly: Nickel sulphate market 2023.7.24
Price: Supply and Demand: The production of nickel sulphate in China and Indonesia has been picking up. The demand of downstream ternary precursor manufacturers rose slowly, leading to gradual supply surplus. The prices of nickel sulphate inched down as the buyers were reluctant to purchase h
Jul 25, 2023 14:28
Weekly: Nickel sulphate market 2023.7.17
Price: Supply and Demand: The demand of downstream ternary precursor manufactures recovered slowly last week. The buyers were reluctant to purchase high-priced nickel sulphate amid the increasing MHP supply and continuous arrivals from Indonesia. But the retail prices of nickel sulphate we
Jul 17, 2023 17:35
Weekly: Nickel sulphate market 2023.7.10
Price: Supply and Demand: The demand of downstream ternary precursor manufactures recovered slowly. The prices of nickel sulphate were capped by the increasing supply caused by production resumption and coming arrivals of Indonesia's exports. But the retail prices of nickel sulphate were r
Jul 11, 2023 09:51
POSCO HY Clean Metal project completes
According to news from Huayou Cobalt, POSCO HY Clean Metal, a joint venture project between Huayou Cobalt and POSCO, successfully completed in Yulchon Industrial Park, Gwangyang City, Jeollanam-do, South Korea on July 7 local time. The completion of the project marks Huayou Cobalt's formal entry int
Jul 10, 2023 15:59
Ausmine Group is projected to commence nickel ore production in 2028
The project owned by Ausmine Group is estimated to cost US$1.4 billion and is able to produce 2 million tonnes nickel ore per year with a planned service life of 30 years. It is scheduled to start production by 2028. Once finished, the open pit mine and adjacent processing plant are expected
Jul 06, 2023 17:12
Daily: Nickel sulphate market 2023.6.30
Price: Supply and Demand: Downstream ternary precursor manufactures purchased on rigid demand. The prices of nickel sulphate hardly climbed amid the slowly recovering demand of ternary precursor and expected arrivals of nickel sulphate from Indonesia, in addition to the sales promotion of ni
Jul 03, 2023 11:45
Nickel sulfate prices: China