Page 692 - ANC20-Proceedings-Presentations-Full

Outlook for nickel sulphate supply Key trade flows of MHP and MSP, 2019

Nickel sulphate supply constrained by feedstockavailability

Feedstocks used in nickel sulphate production, 2013-2029 (%)

100%

50%

0% • Recent decline in share of production accounted by
matte, processed by integrated producers, which
has led to the increase in external processing of MHP
MHP Recycled material and MSP.
Powder, pellets andbriquettes MSP
Matte Crude nickel sulphate
Concentrate (direct) • Total nickel sulphate production to grow at 17%py to
end of the decade.

• Integrated producers expected to show largest
growth in output, slightly higher than non-integrated
processors