The Global Electrolytic Nickel Market was valued at USD 12.18 Billion in 2022 and is projected to reach USD 10.07 Billion by 2029, declining at a Compound Annual Growth Rate (CAGR) of -2.7% during the forecast period (2023-2029). This market contraction is influenced by shifting industry dynamics and supply chain realignments, though demand remains robust for stainless steel manufacturing, electroplating applications, and advanced battery technologies.
As the clean energy transition accelerates, electrolytic nickel producers are adapting to new market realities. This blog profiles the Top 10 Companies in the Electrolytic Nickel Industry—established leaders and emerging players who are refining production methods to meet evolving industrial demands.
🔟 1. Jinchuan Group
Headquarters: Jinchang, China
Key Offering: Ni 9999, Ni 9996, Nickel Alloys
As China’s largest nickel producer and the world’s fourth-largest overall, Jinchuan Group operates fully integrated nickel production facilities from mining through refining. The company supplies critical materials to stainless steel mills across Asia while expanding into battery-grade nickel products.
Market Leadership:
- Controls over 15% of global primary nickel production
- 150,000+ metric tons annual electrolytic nickel capacity
- 100+ patented metallurgical technologies
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9️⃣ 2. Jiangxi Jiangli Sci-Tech
Headquarters: Ganzhou, China
Key Offering: Ni 9990, Ni 9950, Nickel Cathodes
Specializing in high-purity electrolytic nickel for technical applications, Jiangli Sci-Tech has become a preferred supplier for electronics manufacturers requiring consistent quality and precise specifications.
Technological Edge:
- Advanced electrolysis technology achieving 99.99% purity
- Custom alloy development capabilities
- ISO 9001 and IATF 16949 certified facilities
8️⃣ 3. Xinjiang Xinxin Mining Industry
Headquarters: Ürümqi, China
Key Offering: Ni 9920, Nickel Powder, Nickel Salts
This northwestern China producer leverages regional nickel resources to manufacture cost-effective electrolytic nickel products, primarily serving domestic stainless steel producers and alloy manufacturers.
Strategic Advantages:
- Proximity to Xinjiang nickel deposits reduces costs
- Specialized in nickel salts for chemical applications
- Expanding into battery materials production
7️⃣ 4. Xingwang Enterprise Group
Headquarters: Jinzhou, China
Key Offering: Ni 9996, Nickel Anodes, Nickel Billets
Xingwang operates one of China’s most sophisticated nickel refineries, combining traditional metallurgy with advanced automation for precision manufacturing of electrolytic nickel products.
Production Excellence:
- Energy-efficient electrolysis processes
- Strict quality control with real-time monitoring
- Vertical integration from raw materials to finished products
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6️⃣ 5. Jilin Jien Nickel Industry
Headquarters: Panshi, China
Key Offering: Ni 9999, Nickel Sulfate, Nickel Carbonate
Specializing in ultra-high purity nickel, Jien Nickel serves premium applications in electronics, aerospace, and emerging battery technologies with strict metal content requirements.
Product Innovation:
- 60,000 metric tons annual production capacity
- New nickel sulfate facility for EV battery market
- Patented purification technologies
5️⃣ 6. Guangxi Yinyi Science and Technic Mine Metallurgy
Headquarters: Nanning, China
Key Offering: Ni 9996, Nickel Cathodes, Nickel Round Bars
This southern China producer manufactures electrolytic nickel products meeting international standards for marine, chemical processing, and specialized industrial applications.
Quality Assurance:
- Multi-stage purification processes
- ASTM and GB standard compliant products
- Traceability from ore to final product
4️⃣ 7. Sichuan Nike Guorun Group
Headquarters: Chengdu, China
Key Offering: Ni 9990, Nickel Anodes, Nickel Sheets
Focused on electroplating and surface treatment applications, Guorun Group has established itself as a reliable supplier to automotive and electronics manufacturers across Asia.
Market Expansion:
- Growing exports to Southeast Asia
- Specialized nickel anode formulations
- Technical support for plating applications
3️⃣ 8. Norilsk Nickel
Headquarters: Moscow, Russia
Key Offering: Ni 9999, Nickel Pellets, Nickel Powders
This Russian mining giant remains a key global nickel supplier despite geopolitical challenges, producing high-quality electrolytic nickel primarily for European industrial customers.
Production Scale:
- Among world’s lowest-cost nickel producers
- 200,000+ metric tons annual nickel output
- Vertically integrated mining and refining operations
2️⃣ 9. Vale S.A.
Headquarters: Rio de Janeiro, Brazil
Key Offering: Ni 9998, Nickel Billets, Nickel Rounds
The Brazilian mining company operates advanced nickel refineries in Canada, producing ultra-pure electrolytic nickel for specialty applications in aerospace and chemical industries.
Sustainability Leadership:
- Carbon-neutral production commitment
- Closed-loop water systems
- Renewable energy integration
1️⃣ 10. BHP Group
Headquarters: Melbourne, Australia
Key Offering: Ni 9996, Nickel Cathodes, Nickel Powder
BHP’s Nickel West division is transitioning from traditional markets to become a major supplier of battery-grade nickel materials, investing heavily in nickel sulfate production for electric vehicles.
Strategic Direction:
- 100,000t nickel sulfate capacity by 2025
- Long-term agreements with battery manufacturers
- Renewable-powered operations
Get Full Report Here: https://www.24chemicalresearch.com/reports/199550/global-electrolytic-nickel-market-2023-2029-915
🌍 Outlook: The Future of Electrolytic Nickel Production
The electrolytic nickel industry stands at a crossroads, balancing traditional industrial demand with emerging opportunities in clean energy technologies. While stainless steel remains the dominant application, battery-grade nickel is becoming increasingly important.
📈 Key Market Trends:
- Accelerating shift to nickel sulfate for lithium-ion batteries
- Increasing environmental regulations affecting smelting operations
- Geopolitical factors reshaping supply chains
- Technological improvements in electrolysis efficiency
Get Full Report Here: https://www.24chemicalresearch.com/reports/199550/global-electrolytic-nickel-market-2023-2029-915
The companies profiled above are navigating these challenges while maintaining their positions as leaders in high-purity nickel production, ensuring stable supply for both traditional and emerging applications.
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