【SMM Nickel Flash News】Scenario Simulation and Comparative Analysis of Saprolite and Limonite under the New HPM Formula

Published: Apr 16, 2026 18:19

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【SMM Nickel Flash News】Given the significant variance in byproduct quality across nickel ore deposits, establishing a unified HPM for each grade remains a challenge. Consequently, SMM has developed multiple scenarios for both saprolite and limonite to serve as a benchmark for the new HPM formula and to provide a comparative analysis against SMM’s proprietary pricing

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.

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