Country Report
Global nickel industry cost summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Wood Mackenzie's Q2 2025 Nickel Industry Cost Service forecasts a slight reduction in costs for producers, set against persistently low nickel prices. This improvement stems from higher by-product revenues and lower mining costs, bolstered by the closure of high-cost operations in 2024. However, the industry faces new challenges, including revised Indonesian royalty regulations and uncertainty surrounding US tariffs. These factors, combined with sustained price pressures, are squeezing profitability for a substantial portion of producers.
Table of contents
- Updated data and analysis, Q2 2025
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Indonesia's nickel industry faces operational challenges despite its global dominance
Strategic pressures test Indonesia's ability to maintain nickel market leadership
$1,050
Country Report
Global aluminium smelter asset cost summary
The Global Aluminium Asset Summary examines the cost environment in the base year as well as historically and forward five years.
$6,750
Country Report
Global bauxite mine asset cost summary
The Global Bauxite Asset Summary examines the cost environment in the base year as well as historically and forward five years.
$6,750
