By the end of 20021,the total inventory of LME nickel was only 654.38+10,000 tons. Looking around the world, the output of nickel ore is only 2.7 million tons.

Qingshan is a private enterprise that produces stainless steel. Since nickel accounts for a relatively high production cost, since 2009, Qingshan has started to extend upstream and invest in nickel mines in Indonesia.

Nowadays, the demand for nickel has greatly increased. Qingshan, which holds Indonesian nickel resources, is expected to produce 600,000 tons per year. According to this calculation, it probably contributed 22% of the global production capacity.