Nickel ore, nickel pig iron (NPI), and pure nickel jumped in Shanghai, China Tuesday (Sep 3) following confirmation about export ban of nickel ore from Indonesia effective January 1st, 2020, two years ahead of the original schedule. Low-grade nickel ores from the Philippines jumped 10% to US$33.5 per ton (average), while higher grade ores from Indonesia gained 8% to US$54 per ton.
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