Nickel Market Update and How to Meet Future Demand

The supply side has seen increased supply from Indonesia in recent years. In addition, more supply from the Philippines and Canada will now enter the market in the future. However, there is likely to be some challenge in terms of high purity for Class 1 nickel and refined nickel sulfate used in batteries. Large nickel projects have build-up times of 15-20 years. There is almost nothing of that in the world. We look at the top 10 undeveloped projects worldwide.

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