New nickel price launched attention shifts to green supply
Benchmark Mineral Intelligence, a price discovery agency for the global battery supply chain on Tuesday launched a first of its kind nickel price as demand from the EV sector reshapes the nickel industry, currently dominated by stainless steel.
“Mixed Hydroxide Precipitate (MHP) nickel is rapidly becoming a focal point as a raw material input to the nickel chemical industry and is set to see further uptake as supply from new projects enters the market.”
MHP is an intermediate product of nickel metallurgy derived from laterite ores, which contains both nickel (typically 34-55% Ni content) and a small amount of cobalt (typically 1-4.5% Co content), according to Benchmark.
https://www.mining.com/new-nickel-price-launched-as-attention-shifts-to-green-supply/