SHANGHAI, Sep 8 (SMM) — China’s nickel sulphate output jumped 15.69% from a month ago and 18.46% on the year, to 60,500 mt or 13,300 mt in nickel content in August. This included 52,800 mt of battery-grade materials and 7,800 mt of electroplating materials. Operating rates at nickel salts plants increased as profits improved amid recovered downstream demand. In addition, new production lines at a nickel salts plant came online in August.
SMM expects China’s nickel sulphate output to rise 9.14% on the month to 14,500 mt (Ni content) in September as demand is likely to increase in a high season.
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