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LME partner Metalshub plans for ‘green’ nickel price

Friday, March 8, 2024
Source:ferro-alloys.com

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Keywords:nickel, ore, steel, ferronickel, electrolytic nickel

[Fellow]The London Metal Exchange (LME) does not plan to launch a separate “green” nickel contract because the market is not large enough, but said its partner was developing an index price that will reflect demand for low carbon nickel.

[Ferro-Alloys.com]

LME partner Metalshub plans for ‘green’ nickel price

The London Metal Exchange (LME) does not plan to launch a separate “green” nickel contract because the market is not large enough, but said its partner was developing an index price that will reflect demand for low carbon nickel.

Calls for a nickel price that reflects strong environmental and governance standards have grown from high-cost producers such as Australia, where low prices have forced miners to shutter operations due to a flood of Indonesian supply, most of which is produced using coal.

[Editor:邢亞敏]

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