Fastmarkets, a leading price reporting agency for the metals and mining industry, has launched a new price assessment for laterite ore with 1.3% nickel content, cif China. The new assessment, MB-NIO-0006, was introduced on Friday, April 12, 2024. This development comes as the market for nickel laterite ore continues to evolve, with prices for higher-grade ores remaining firm due to tight supply. The new assessment is expected to provide greater transparency and accuracy in pricing for this important segment of the nickel market.