Nickel is the worst performing base metal in 2021, but the metal’s project pipeline covers less than 10% of requirements through 2030, says new report.
The project's preliminary economic assessment based on prior resource estimates outlined a 25-year operation that would produce 842,000 tonnes of nickel.
China’s infrastructure and automotive sectors are “already responding to policy support,” although a rebound in housing activity is expected to take longer, the producer said.