NICKEL PRICE — AFRICA
Reference price, ore grades, payable % and export notes for nickel producers and traders in Africa. MetalPulse never shows a bare price — every figure carries source, units, market type and timestamp.
Reference price and source
Quoted as USD per tonne (LME), sourced from LME Ni cash settlement. Local-currency conversion uses the central bank mid-rate at calculation time. We classify each row as live, delayed, proxy or forecast.
Ore grades and concentrate basis
Typical ranges: sulphide concentrate 8–18 % Ni; laterite 1–2.5 %. Always specify dry metric tonne (DMT) basis when negotiating — moisture deduction is separate.
Payable % and buyer deductions
60–65 % for sulphide concentrate. Common deductions: TC $200–400/dmt, Co credit, freight.
Export from Africa
Most African producers export via Walvis Bay (Namibia), Durban (South Africa), Dar es Salaam (Tanzania) or Beira (Mozambique). Pricing is USD-denominated and converted to local currency at sale.
Frequently asked questions
What is today's nickel price?
MetalPulse tracks the LME Ni cash settlement live. The number on this page is updated continuously; the full dashboard shows the exact age and source classification.
How is nickel ore valued?
Value = tonnes × grade fraction × recovery × payable % × reference price, then less treatment/refining charges and transport. Use the ore value calculator below.
What is the typical payable % for nickel?
60–65 % for sulphide concentrate