SMM, July 10-according to SMM, after Vale sold the assets of the New Caledonian Nickel project, its general nickel production plant in Dalian, China, also lost its main source of raw materials and stopped production in July. At a later stage, whether the factory will switch to other products and the progress of the plan has yet to be announced by listed companies. It is rumored that it may be converted into a carbonyl (tang)-based nickel production line, which can be used in high-end applications such as electroplating, chemical reagents, metallurgy, aerospace and nuclear industry.
Vale Dalian Nickel produces 93mur97% general nickel (Tonimet), with a monthly capacity of 2500 nickel tons, mainly used in stainless steel, alloy steel and nickel alloys.
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![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)
