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Nickel Ore Market Will Reflect Significant Growth Prospects of US$ Mn during 2021-2026 with Major Key Player: MMCNorilskNickel, ValeSA, BHP Billiton, Jinchuan Group, Xstrata, etc – KSU

Nickel Ore Market Will Reflect Significant Growth Prospects of US$ Mn during 2021-2026 with Major Key Player: MMCNorilskNickel, ValeSA, BHP Billiton, Jinchuan Group, Xstrata, etc – KSU
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Nickel ore inventories at Chinese ports rose 77,000 wmt to 5 37 million wmt_SMM

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Indonesia s nickel mine market continues to recover and production and sales are expected to increase this year _SMM

The content below was translated by Tencent automatically for reference. Recently, Meidy Katrin Lengkey, secretary general of the Indonesian Nickel Miners Association (APNI), said that the recovery of covid-19 vaccine and vaccination will improve nickel production and sales performance this year. By 2020, APNI member companies recorded 40 million tonnes of nickel ore sales to smelters, accounting for about 40 per cent of last year s total work plan and budget (RKAB). Meidy said that nickel mining activity has begun to normalize, especially the recent rise in nickel prices. of course, this will stimulate nickel miners to increase capacity or make the most of existing RKAB quotas.

Imports of nickel ore and ferronickel declined significantly in December 2020_SMM

According to customs data, in December 2020, China's nickel ore imports totalled 3.17 million mt (wmt and dmt mixed), a decrease of 11.2% month on month and 26.6% year on year.

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