[SMM Analysis: Current Indonesian Policies on Nickel Resource Development Are Emerging Frequently, Nickel Prices Rise, and Premiums for High-Grade NPI May Fluctuate and Expand]
In February 2025, the price spread between high-grade NPI and refined nickel experienced certain changes. Specifically, high-grade NPI averaged a discount of 276.43 yuan per mtu compared to refined nickel, which narrowed significantly by 45.72 yuan/mtu compared to the previous month...



