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What's The Trend Of Nickel Ore In Brushed NICKEL Plate Of China?

2024-01-05 18:00:06

     In the previous article,  BaoJi Yuan Da Metal Materials Co., Ltd shared the the development history of nickel and the early mining nickel conditions.this article now will discuss the current mine trend of the nickel from brushed NICKEL plate .which has important effect on NICKEL supply and brushed NICKEL plate price.

   

       the largest nickel reserves

     The countries with the largest nickel reserves in the world are Australia, Brazil, Russia, New Caledonia, Cuba, the Philippines, and Indonesia.Canada ranks 9th and China ranks 10th. In 2015, the world's largest nickel producer was Philippines, Canada, Russia, Australia and so on. China ranks eighth.

      In the past ten years, the output of nickel ore in China has been relatively stable, basically keeping between 7-10 million tons, accounting for only 3.8%-5.7% of global nickel ore production. However, in stark contrast to this, China’s refined nickel production is huge, continuing to grow from 2007 to 2013, reaching nearly 700,000 tons, and has since gradually declined, from 420 to 450,000 tons in 2017 (of which electrolytic nickel is only about 15.84 Million tons).

      In the past five years, China's refined nickel production accounted for 20%-40% of global production. Mr. Jiang said that this means that the nickel gap in China is large and must be imported from abroad. In 2013, China imported up to 630,000 tons of nickel ore (including nickel).

     Before 2014, China mainly imported nickel ore from Indonesia and the Philippines. After 2014, due to Indonesia's restrictions on nickel ore exports, it was mainly imported from the Philippines. The Philippine nickel mine accounts for more than 90% of the total imports of nickel ore in China.

brushed NICKEL plate suppliers.jpg

     China's import of nickel ore is mainly to meet the demand for stainless steel production. As we all know, about 80% of nickel is used for stainless steel production. China's stainless steel consumption is huge, directly boosting nickel demand, including electrolytic nickel, NPI (low-grade nickel pig iron), and nickel-iron alloys. Nickel ore can be divided into laterite nickel ore and sulphide ore, and the former is relatively low cost. Therefore, Chinese imports of nickel are dominated by laterite ore, and related production processes are also making rapid progress, such as the production of ferro-nickel by the RKEF process and the production of electro-nickel electrocobalt by the HPAL (PAL) process. China's famous laterite projects include China Metallurgical Co., Ltd.'s investment in Ruimu smelter in Papua New Guinea, and China National Investment Corporation's Dagongshan smelter in Myanmar.

       Due to its high latitude and near-Arctic, Canadian nickel mines are dominated by sulphide ore. Sud Bury, Ontario, has two world-famous nickel smelters, which are owned by Brazil's Vale and Glencore. China Jinchuan Group and Jinn Nickel have had technical exchanges with them. China has certain cooperation space with Canadian nickel industry in such technologies and equipment as nickel buckle and nickel carbonyl.

  

    Learn more information about refractory metal,contact us by email:rmd1994@yeah.net

 


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