Seizing Industry Shifts and Strategically Positioning for the Future—Jiangxi Tongdeshengyuan Nickel Co., Ltd. Actively Addresses New Challenges in the Nickel Industry in 2026

Since the beginning of 2026, the nickel market has been characterized by volatile downward pressure. On March 18, the average spot price of nickel plunged by RMB 2,050 per tonne in a single day, settling at RMB 138,200 per tonne—below the industry’s mainstream smelting cost threshold—marking the entry of the global nickel market into a phase of intense internal competition. At the same time, the implementation of Indonesia’s new nickel-mining regulations, the concentrated ramp-up of hydrometallurgical smelting capacity, and a global oversupply of nickel are converging to usher in a critical period of capacity elimination and value reconfiguration for the nickel industry, presenting both new challenges and opportunities for its development.

In the face of a complex and ever-changing industry landscape, Jiangxi Tongdesengyuan Nickel Industry Co., Ltd. has accurately monitored industry trends, proactively adjusted its development strategy, and implemented a multi-pronged approach to address the shifting market dynamics. On the one hand, the company has optimized its product mix by focusing on the R&D of high-value-added nickel products. Leveraging its technological strengths and proprietary patents, it has increased investment in the R&D of deeply processed products such as high-purity nickel and nickel sulfate, thereby enhancing the core competitiveness of its offerings and mitigating the risks associated with price competition in low-end segments. On the other hand, the company has strengthened cost control, streamlined production processes, introduced advanced smelting equipment and technologies to reduce smelting costs, and intensified collaboration with upstream and downstream partners to secure stable raw-material supply chains and hedge against price volatility.

In addition, Tongdeshengyuan Nickel Industry closely monitors industry policies and ESG development trends, rigorously adheres to the requirements of the “Nickel Industry ESG Disclosure Template,” continuously refines its ESG management system, increases investment in environmental protection and safe production, and enhances corporate compliance to meet international regulatory requirements such as the EU’s CSDDD, thereby laying a solid foundation for the company’s entry into global markets. At the same time, the company maintains close attention to evolving demand in downstream sectors such as new energy and stainless steel, proactively engages with market needs, expands the application scenarios for its products, and strives to seize a leading position in the ongoing industry reshuffle.

A company official stated that 2026 will be a pivotal year for the transformation and upgrading of the nickel industry, presenting both opportunities and challenges. Jiangxi Tongdeshengyuan Nickel Co., Ltd. will continue to closely monitor industry developments, align with emerging trends, leverage technological upgrades to meet market challenges, uphold compliant operations to solidify its growth foundation, and deliver high-quality products and services to earn market trust. The company is committed to achieving steady, high-quality development and contributing to the transformation and upgrading of the nickel industry.