On February 6, Chengtun Mining Group said that the high nickel matte project of PT.ChengMach Nickel Indonesia is currently undergoing land leveling, drawing design and other related work.
The project, with a designed annual production capacity of 40,000 mt in Ni content, is expected to be completed and put into operation in the fourth quarter of this year.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

