In February, the national refined nickel output fell slightly by 3%, and the output is expected to rise slightly in March [SMM data]

Mar 08, 2024, at 10:28 am

【SMM Data】In February 2024, China's refined nickel production totaled 24,600 metric tons, representing a decrease of approximately 3% compared to the previous month, but an increase of 42.2% compared to the same period last year. The slight decrease in refined nickel production in February was in line with expectations. It is worth noting that the overall operating rate remained high in February, only decreasing by 2% compared to January.

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Domestic lithium carbonate production in February was 32,000 tons, with an expected increase of 31% in March to 42,000 tons.

In February, the national refined nickel output fell slightly by 3%, and the output is expected to rise slightly in March [SMM data]

【SMM Weekly Review: Continuous Pressure from Downstream Customers, Minor Decline in Anode Material Prices】

Domestic lithium carbonate production in February was 32,000 tons, with an expected increase of 31% in March to 42,000 tons.