Tsingshan starts 50,000t nickel plant in Indonesia"The plant, based in Morowali in Indonesia with an ultimate planned annual capacity of 50,000 metric tons, started commercial production last week, the sources said, declining to be named as they are not authorised to speak to the media." "A subsidiary of China’s Zhejiang Huayou Cobalt Co received approval for its nickel made at its 36,600-ton plant in Zhejiang province to be listed as a deliverable brand on the LME.
Jingmen Gem Co, a unit of GEM Co Ltd, also applied to list its nickel from its 10,000-ton plant in Hubei province.
More Chinese producers are expected to apply for their nickel brands to be listed on the LME, especially after the LME cut the waiting time for listing as part of its program to revive nickel trade volumes after a 2022 crisis."