【SMM Announcement】Official Launch of New Price for SMM's Indonesia Local Laterite Nickel Ore

On March 28, 2025, SMM's new weekly price points for Indonesia's local laterite nickel ore officially online! The new price points include: SMM Indonesia's local laterite nickel ore 1.3% (ex-factory price), Indonesia's local laterite nickel ore 1.4% (ex-factory price), Indonesia's local laterite nickel ore 1.5% (ex-factory price), Indonesia's local laterite nickel ore 1.3% (FOB), Indonesia's local laterite nickel ore 1.4% (FOB), and Indonesia's local laterite nickel ore 1.5% (FOB). The price points are maintained every Friday at 12:00 PM Beijing time (11:00 AM Jakarta time).

On March 28, 2025, this week's SMM Indonesia's local laterite nickel ore 1.3% (ex-factory price) weekly price was $26.5~27.5/wmt, unchanged WoW, Indonesia's local laterite nickel ore 1.4% (ex-factory price) weekly price was $37~41/wmt, up $1.5/wmt WoW, Indonesia's local laterite nickel ore 1.5% (ex-factory price) weekly price was $43~47/wmt, up $1.5/wmt WoW, Indonesia's local laterite nickel ore 1.3% (FOB) weekly price was $19~21/wmt, unchanged WoW, Indonesia's local laterite nickel ore 1.4% (FOB) weekly price was $29~34/wmt, up $2/wmt WoW, and Indonesia's local laterite nickel ore 1.5% (FOB) weekly price was $35~38/wmt, up $2/wmt WoW.

SMM Nickel Research Team,

March 28, 2025.