The base price of nickel minerals in Indonesia rose sharply in April
Indonesia April 7, 2022 – Minister of Energy and Mineral Resources Arifin Tasrif issued Ministerial Decree No. 67.K/HK.02/MEM.B/2022 on Reference Metal Mineral Prices and Reference Coal Decree April 2022 Month, April 7, 2022 prices. Metallic minerals HMA at $35,995.30 per dry metric ton.
Reference HMA $35,995.30/dmt, Mineral Benchmark Price (HPM) for Nickel at 1.70% grade, 18% Correction Factor (CF), 30% Moisture Content (MC), then HPM Nickel at $77.10/t.
Then, for a nickel grade of 1.80% in 19% CF and 30% MC, HPM nickel minerals is $86.17 per ton. At 1.9% nickel with 20% CF and 30% MC, HPM nickel is $95.75 per ton. 2.00% nickel with 21% CF and 30% MC, HPM nickel at $105.83 per ton.