[SMM Nickel Flash] Huafei Clarifies Fire Incident: No Casualties, Ops Normal

Published: Feb 26, 2026 16:12

Save

Huafei Nickel & Cobalt issued a statement clarifying the Feb 25 fire at its Indonesia Weda Bay Industrial Park (IWIP) plant. Cause: sudden heavy rain caused water to seep into quicklime warehouse, triggering exothermic reaction that ignited bags; flames appeared more intense due to darkness.

Key facts: no casualties, minimal damage, production resumed, area safe per local police. Fire team extinguished quickly.

Huafei apologized, vowed stricter procedures, thanked public, and affirmed commitment to community & economy.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Jul 24, 2026 17:46

[SMM Analysis] Downstream Purchase Willingness Weak; Intermediate Product Payables in the Doldrums This Week

Jul 24, 2026 17:46

Jul 24, 2026 17:08

Nickel Prices Surge on Indonesia Policy, Geopolitical Tensions, and LME Inventory Declines

Jul 24, 2026 17:08

Jul 24, 2026 16:56

China's NPI Plant Profits Stable as Raw Material, Smelting Costs Hold Steady

[SMM Nickel Flash] Prices of raw and auxiliary materials for smelting in China, such as nickel ore and coal, remained generally stable, and smelting costs were basically flat; coupled with limited fluctuations in spot high-grade NPI prices this week, the production profits of domestic NPI plants remained relatively stable.

Jul 24, 2026 16:56