Nickel rose to 15,162.50 USD/T on July 1, 2025, up 0.15% from the previous day. Over the past month, Nickel's price has fallen 2.24%, and is down 10.83% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on July of 2025.

Australia Commodity Price Index: Weights: Base Metals: Nickel data was reported at 0.600 % in Feb 2013. This stayed constant from the previous number of 0.600 % for Jan 2013. Australia Commodity Price Index: Weights: Base Metals: Nickel data is updated monthly, averaging 0.600 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 0.600 % in Feb 2013 and a record low of 0.400 % in Aug 2009. Australia Commodity Price Index: Weights: Base Metals: Nickel data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

In 2023, approx. 5K tons of unwrought nickel were imported into Australia; surging by 13% on 2022.

Australia BHP: Average Realized Price: Nickel data was reported at 12,591.000 USD/Tonne in Jun 2018. This records an increase from the previous number of 11,083.000 USD/Tonne for Dec 2017. Australia BHP: Average Realized Price: Nickel data is updated semiannually, averaging 12,591.000 USD/Tonne from Jun 2013 (Median) to Jun 2018, with 11 observations. The data reached an all-time high of 16,905.000 USD/Tonne in Dec 2014 and a record low of 9,264.000 USD/Tonne in Jun 2016. Australia BHP: Average Realized Price: Nickel data remains active status in CEIC and is reported by BHP Billiton Group. The data is categorized under World Trend Plus’s Top Company: Metal and Mining: Asia Excluding China – Table WB.AT003: BHP Billiton Group (BHP): Operational Data.

In the financial year 2024, the value of nickel mined in Western Australia was around 3.86 billion Australian dollars. This was a significant decrease from the previous year, in which the mined nickel value amounted to around 5.69 billion Australian dollars.

In December 2024, the average nickel ore export price amounted to $1,737 per ton, therefore, remained relatively stable against the previous month.

Australia Import Value by Major Mineral Commodity: Nickel: 3 mth data was reported at 30.972 AUD mn in Dec 2024. This records an increase from the previous number of 27.953 AUD mn for Sep 2024. Australia Import Value by Major Mineral Commodity: Nickel: 3 mth data is updated quarterly, averaging 8.536 AUD mn from Sep 1988 (Median) to Dec 2024, with 146 observations. The data reached an all-time high of 86.064 AUD mn in Sep 2014 and a record low of 1.366 AUD mn in Dec 1991. Australia Import Value by Major Mineral Commodity: Nickel: 3 mth data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.WB007: Import Value.

The revenue of the nickel ore market in Australia amounted to $X in 2017, growing by X% against the previous year. Overall, nickel ore consumption continues to indicate a deep curtailment. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. In that year, the nickel ore market attained their peak level of $X. From 2011 to 2017, growth of the nickel ore market failed to regain its momentum.In 2017, production of nickel ores and concentrates in Australia totaled X kg, standing approx.

Australia Export Value by Major Mineral Commodity: Nickel: Intermediate and Refined: 3 mth data was reported at 354.918 AUD mn in Dec 2024. This records a decrease from the previous number of 466.022 AUD mn for Sep 2024. Australia Export Value by Major Mineral Commodity: Nickel: Intermediate and Refined: 3 mth data is updated quarterly, averaging 561.838 AUD mn from Mar 1990 (Median) to Dec 2024, with 140 observations. The data reached an all-time high of 2,107.769 AUD mn in Jun 2007 and a record low of 113.190 AUD mn in Dec 1993. Australia Export Value by Major Mineral Commodity: Nickel: Intermediate and Refined: 3 mth data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.WB005: Export Value.

In the second quarter of 2024, the import value of primary nickel products in Australia decreased to 24.85 million Australian dollars. The value peaked in the second quarter of 2023 at almost 48 million Australian dollars.

In the 2018 fiscal year, the value of nickel, platinum, and cobalt across Australia was estimated to be over seven billion Australian dollars, an increase from the previous year. This was the highest value since the 2011 fiscal year.

In 2024, after four years of growth, there was significant decline in the Australian nickel market, when its value decreased by -21.6% to $1.5B. Over the period under review, consumption showed a noticeable decrease. Over the period under review, the market reached the peak level at $2.5B in 2014; however, from 2015 to 2024, consumption remained at a lower figure.

Australia Export Value: SITC: FOB: MS: Nickel Ore & Concentrate, Nickel Matte & Others data was reported at 72.000 AUD mn in Mar 2025. This records an increase from the previous number of 62.000 AUD mn for Feb 2025. Australia Export Value: SITC: FOB: MS: Nickel Ore & Concentrate, Nickel Matte & Others data is updated monthly, averaging 36.000 AUD mn from Jan 1988 (Median) to Mar 2025, with 447 observations. The data reached an all-time high of 386.000 AUD mn in Dec 2006 and a record low of 0.000 AUD mn in Sep 2024. Australia Export Value: SITC: FOB: MS: Nickel Ore & Concentrate, Nickel Matte & Others data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.JA013: Exports: by Commodity: by 3 Digits SITC.

Nickel Mines stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

This keynote address was presented at the Australian Nickel Conference held in Perth, 19-20 October 2005. Australia's nickel sulphide industry has had a fluctuating history since the discovery in …Show full descriptionThis keynote address was presented at the Australian Nickel Conference held in Perth, 19-20 October 2005. Australia's nickel sulphide industry has had a fluctuating history since the discovery in 1966 of massive sulphides at Kambalda in the Eastern Goldfields of Western Australia. Periods of buoyant nickel prices and high demand, speculative exploration, and frenetic investment (the 'nickel boom' years) have been interspersed by protracted periods of relatively depressed metal prices, exploration inactivity, and low discovery rates. Despite this unpredictable evolution, Australia's nickel industry has had a significant impact on the world scene. This presentation reviews the characteristics and resources of Australia's nickel sulphide deposits, and highlights some of the more important challenges and new opportunities confronting the nickel industry today.

Australia's nickel sulfide industry has had a fluctuating history since the discovery in 1966 of massive sulfides at Kambalda in the Eastern Goldfields of Western Australia. Periods of buoyant nickel prices and high demand, speculative exploration, and frenetic investment (the 'nickel boom' years) have been interspersed by protracted periods of relatively depressed metal prices, exploration inactivity, and low discovery rates. Despite this unpredictable evolution, the industry has had a significant impact on the world nickel scene with Australia having a global resource of nickel metal from sulfide ores of not, vert, similar 12.9 Mt, five world-class deposits (> 1 Mt contained Ni), and a production status of number three after Russia and Canada. More than 90% of the nation's known global resources of nickel metal from sulfide sources were discovered during the relative short period of 1966 to 1973. Australia's nickel sulfide deposits are associated with ultramafic and/or mafic igneous rocks in three major geotectonic settings: (1) Archean komatiites emplaced in rift zones of granite-greenstone belts; (2) Precambrian tholeiitic mafic-ultramafic intrusions emplaced in rift zones of Archean cratons and Proterozoic orogens; and (3) hydrothermal-remobilized deposits of various ages and settings. The komatiitic association is economically by far the most important, accounting for more than 95% of the nation's identified nickel sulfide resources. The ages of Australian komatiitic- and tholeiitic-hosted deposits generally correlate with three major global-scale nickel-metallogenic events at not, vert, similar 3000 Ma, not, vert, similar 2700 Ma, and not, vert, similar 1900 Ma. These events are interpreted to correspond to periods of juvenile crustal growth and the development of large volumes of primitive komatiitic and tholeiitic magmas caused by large-scale mantle overturn and mantle plume activities. There is considerable potential for the further discovery of komatiite-hosted deposits in Archean granite-greenstone terranes including both large, and smaller high-grade (5 to 9% Ni) deposits, that may be enriched in PGEs (2 to 5 g/t), especially where the host ultramafic sequences are poorly exposed.Analysis of the major komatiite provinces of the world reveals that fertile komatiitic sequences are generally of late Archean (not, vert, similar 2700 Ma) or Paleoproterozoic (not, vert, similar 1900 Ma) age, have dominantly Al-undepleted (Al2O3/TiO2 = 15 to 25) chemical affinities, and often occur with sulfur-bearing country rocks in dynamic high-magma-flux environments, such as compound sheet flows with internal pathways facies (Kambalda-type) or dunitic compound sheet flow facies (Mt Keith-type). Most Precambrian provinces in Australia, particularly the Proterozoic orogenic belts, contain an abundance of sulfur-saturated tholeiitic mafic ultramafic intrusions that have not been fully investigated for their potential to host basal Ni-Cu sulfides (Voisey's Bay-type mineralization). The major exploration challenges for finding these deposits are to determine the pre-deformational geometries and younging directions of the intrusions, and to locate structural depressions in the basal contacts and feeder conduits under cover. Stratabound PGE-Ni-Cu Cr deposits hosted by large Archean-Proterozoic layered mafic-ultramafic intrusions (Munni Munni, Panton) of tholeiitic affinity have comparable global nickel resources to many komatiite deposits, but low-grades (< 0.2% Ni). There are also hydrothermal nickel sulfide deposits, including the unusual Avebury deposit in western Tasmania, and some potential for 'Noril'sk-type' Ni-Cu-PGE deposits associated with major flood basaltic provinces in western and northern Australia.

Australia's nickel sulfide industry has had a fluctuating history since the discovery in 1966 of massive sulfides at Kambalda in the Eastern Goldfields of Western Australia. Periods of buoyant nickel prices and high demand, speculative exploration, and frenetic investment (the 'nickel boom' years) have been interspersed by protracted periods of relatively depressed metal prices, exploration inactivity, and low discovery rates. Despite this unpredictable evolution, the industry has had a significant impact on the world nickel scene with Australia having a global resource of nickel metal from sulfide ores of not, vert, similar 12.9 Mt, five world-class deposits (> 1 Mt contained Ni), and a production status of number three after Russia and Canada. More than 90% of the nation's known global resources of nickel metal from sulfide sources were discovered during the relative short period of 1966 to 1973. Australia's nickel sulfide deposits are associated with ultramafic and/or mafic igneous rocks in three major geotectonic settings: (1) Archean komatiites emplaced in rift zones of granite-greenstone belts; (2) Precambrian tholeiitic mafic-ultramafic intrusions emplaced in rift zones of Archean cratons and Proterozoic orogens; and (3) hydrothermal-remobilized deposits of various ages and settings. The komatiitic association is economically by far the most important, accounting for more than 95% of the nation's identified nickel sulfide resources. The ages of Australian komatiitic- and tholeiitic-hosted deposits generally correlate with three major global-scale nickel-metallogenic events at not, vert, similar 3000 Ma, not, vert, similar 2700 Ma, and not, vert, similar 1900 Ma. These events are interpreted to correspond to periods of juvenile crustal growth and the development of large volumes of primitive komatiitic and tholeiitic magmas caused by large-scale mantle overturn and mantle plume activities. There is considerable potential for the further discovery of komatiite-hosted deposits in Archean granite-greenstone terranes including both large, and smaller high-grade (5 to 9% Ni) deposits, that may be enriched in PGEs (2 to 5 g/t), especially where the host ultramafic sequences are poorly exposed.

Analysis of the major komatiite provinces of the world reveals that fertile komatiitic sequences are generally of late Archean (not, vert, similar 2700 Ma) or Paleoproterozoic (not, vert, similar 1900 Ma) age, have dominantly Al-undepleted (Al2O3/TiO2 = 15 to 25) chemical affinities, and often occur with sulfur-bearing country rocks in dynamic high-magma-flux environments, such as compound sheet flows with internal pathways facies (Kambalda-type) or dunitic compound sheet flow facies (Mt Keith-type). Most Precambrian provinces in Australia, particularly the Proterozoic orogenic belts, contain an abundance of sulfur-saturated tholeiitic mafic ± ultramafic intrusions that have not been fully investigated for their potential to host basal Ni-Cu sulfides (Voisey's Bay-type mineralization). The major exploration challenges for finding these deposits are to determine the pre-deformational geometries and younging directions of the intrusions, and to locate structural depressions in the basal contacts and feeder conduits under cover. Stratabound PGE-Ni-Cu ± Cr deposits hosted by large Archean-Proterozoic layered mafic-ultramafic intrusions (Munni Munni, Panton) of tholeiitic affinity have comparable global nickel resources to many komatiite deposits, but low-grades (< 0.2% Ni). There are also hydrothermal nickel sulfide deposits, including the unusual Avebury deposit in western Tasmania, and some potential for 'Noril'sk-type' Ni-Cu-PGE deposits associated with major flood basaltic provinces in western and northern Australia.

Learn about the increasing demand for unwrought nickel in Australia and the projected market trends for the next decade, with a forecasted CAGR of +3.7% in volume and +4.5% in value from 2024 to 2035.

Australia Export Value: SITC: FOB: NF: Nickel data was reported at 104.000 AUD mn in Mar 2025. This records an increase from the previous number of 65.000 AUD mn for Feb 2025. Australia Export Value: SITC: FOB: NF: Nickel data is updated monthly, averaging 38.000 AUD mn from Jan 1988 (Median) to Mar 2025, with 447 observations. The data reached an all-time high of 218.000 AUD mn in Sep 2019 and a record low of 0.000 AUD mn in Jul 2016. Australia Export Value: SITC: FOB: NF: Nickel data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.JA013: Exports: by Commodity: by 3 Digits SITC.

Australia Export Value by Major Mineral Commodity: Nickel: Ores and Concentrates: 3 mth data was reported at 181.771 AUD mn in Dec 2024. This records an increase from the previous number of 0.000 AUD mn for Sep 2024. Australia Export Value by Major Mineral Commodity: Nickel: Ores and Concentrates: 3 mth data is updated quarterly, averaging 95.130 AUD mn from Mar 1990 (Median) to Dec 2024, with 140 observations. The data reached an all-time high of 504.130 AUD mn in Dec 2006 and a record low of 0.000 AUD mn in Sep 2024. Australia Export Value by Major Mineral Commodity: Nickel: Ores and Concentrates: 3 mth data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.WB005: Export Value.