The nickel price has had significant declines in recent years due to oversupply, mostly from Indonesia, which became a major consumer of nickel since 2017. Indonesia aims to build its own battery and electric car industry, partnering with a firm for battery production. The nickel market may soon shift to a deficit as supply growth stalls. Canada Nickel presents a significant investment opportunity despite recent declines in its share price, aiming to reduce North America's dependency on Asian nickel production.
Analysis of the Nickel Market and Why Canada Nickel has Great Potential
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