Using Nickel Briquette To Produce Nickel Sulphate Has Turned Positive

The price inversion between nickel sulphate and nickel briquettes has come to an end, allowing nickel sulphate producers who use the latter as raw materials to begin to make profits. But because there's a shortage of nickel briquettes in the domestic market, only a few enterprises are using them to produce nickel sulphate. Right now, most enterprises are still mainly using MHP as the primary material. Depending on raw materials being used, the profit margins for high-grade nickel matte-based nickel sulphate production lines were at 7.1%, while that of MHP-based production lines were at 4.3%, versus 1.0% for nickel briquettes and nickel powder based production lines.