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Nickel ore is a mineral composed primarily of nickel and iron. It is mined from lateritic deposits, which are found in tropical climates. Nickel ore is used in the production of stainless steel, nickel alloys, and other products. It is also used in the production of nickel-containing chemicals and catalysts.
Nickel ore is traded in a variety of forms, including concentrate, pellets, briquettes, and lumps. The majority of nickel ore is exported from Indonesia, the Philippines, and New Caledonia. The main importers of nickel ore are China, Japan, and South Korea.
The nickel ore market is highly competitive, with a number of large and small producers. Major producers include Vale, BHP Billiton, Glencore, Norilsk Nickel, and Sumitomo Metal Mining. Other companies in the market include Jinchuan Group, Tsingshan Holding Group, and China Molybdenum. Show Less Read more