
These Class I Nickel Briquette are packaged in 2-ton heavy bags and are guaranteed to be at least 99.8% pure.
From an investment perspective, the 2-ton Class I Nickel Briquette's carry a lower premium compared to other forms and thus a favourite among investors. These Class I Nickel in briquette form is also intended for industrial use as they can be easily crushed into small particles and dissolved in sulphuric acid to make nickel sulphate used in batteries
Points computation: 1 bag = 643.01 points
| Tier | 1 | 3 | 5 |
|---|---|---|---|
| Points required | - | 3,000 | 10,000 |
| Price | SGD 47,941.11 | SGD 47,775.35 | SGD 47,526.69 |
| Price/Pound | SGD 10.87 | SGD 10.84 | SGD 10.78 |
| Price/ton | SGD 23,970.56 | SGD 23,887.68 | SGD 23,763.35 |
| Percentage Over Spot (ASK PRICE) | 5.30% | 4.94% | 4.39% |
| Buy/Sell Spread | 6.26% | 5.93% | 5.44% |
| Duration | Storage Fee Per Parcel |
|---|---|
| 6 months | SGD 341.46 |
| 12 months | SGD 682.92 |
| 24 months | SGD 1,365.84 |
| 36 months | SGD 2,048.77 |
| 60 months | SGD 3,414.61 |
* Percentages represent annual storage charges, based on the locked-in spot metal price at the time of order submission. You can lock-in storage charges for up to 5 years. See full S.T.A.R. Storage Fees here.