npi producers idle

Source Bloomberg

Npi producer zhejiang huagung owner Lui gaugung amassed a fortune and built one of china top 100 privately owned profitable business.
With a technique to produce a cheaper source of nickel remains now idle with China's clamp down on pollution
And a second hit with Indonesia's stopping of nickel ore, Mac bank says npi producers produced 34% of China's nickel but this year will only produce 25%.
Global nickel prices the ban on ore and pollution which the government is cutting have said more metal producers will share there fate.

Interesting and no wonder nickel price is rebounding.