[SMM News] SMM, March 17—According to Vale's 2024 financial report, Q4 2024 ferronickel production was 4,800 mt (Ni contained), down approximately 22.6% QoQ and up approximately 700.0% YoY. Full-year 2024 ferronickel production was 14,000 mt (Ni contained), down approximately 17.6% YoY.
Additionally, it is expected that the Onça Puma project will undergo production line inspections and maintenance for approximately 10 days and 7 days in Q2 and Q4 2025, respectively.
![[SMM 니켈 중간 리뷰] 니켈 가격은 9월 3일 크게 반등했다. 미국 8월 ADP 고용 데이터가 예상 밖으로 약세를 보이며 9월 금리 인상 가능성에 대한 기대가 다소 낮아졌다.](https://imgqn.smm.cn/usercenter/qLeLR20251217171733.jpg)

![[SMM 황산니켈 일일 리뷰] 9월 3일 현물 시장 거래 부진, 황산니켈 가격 안정세](https://imgqn.smm.cn/usercenter/Btmsv20251217171733.jpg)
