Category: Nickel

Indonesia lowers corrective factor for limonite containing 1.2% nickel New formula reduces benchmark ore prices by around 45% Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has revised the nickel ore benchmark pricing (HPM) formula, lowering the corrective factor applied to low-grade nickel ore, or limonite, and easing feedstock costs for high-pressure acid leaching (HPAL)-based producers. The…