Falling nickel prices pressure MHP producer margins as FQM suspends Ravensthorpe

Nickel prices have declined significantly across the market, and the world, pressuring producer margins and leading to production cuts.

This is particularly evident in the mixed hydroxide precipitate (MHP) market, where a considerable ramp-up in supply over 2023, particularly in Indonesia, has resulted in softer prices and significant surpluses...

Published

Yiwen Ju

Callum Perry

January 17, 2024

13:00 GMT

London, Singapore