Nickel price hits decade high as Ukraine tensions fuel supply concerns
Nickel rose to $25,000 a tonne for the first time since 2011.
Nickel rose to $25,000 a tonne for the first time since 2011.
Nickel rose to its highest level in more than a decade on Monday morning.
Adamas Intelligence reports that 54% of battery capacity deployed onto roads globally in new plug-in electric vehicles was powered by high nickel cathode chemistries.
US ambassador to the United Nations Linda Thomas-Greenfield said that Moscow appears to be “moving toward an imminent invasion” of Ukraine.
Umicore says the burgeoning electric-vehicle industry is switching to high-nickel batteries far faster than expected.
New Caledonia has authorized its SLN subsidiary to export an additional 2 million tonnes of nickel ore per year.
The Japanese miner it will triple its capital expenditure over the next three years to boost its output capacity of nickel and cathode materials used in batteries.
Tsingshan chairman Xiang Guangda isn’t afraid to place big derivatives bets on where prices are headed next.
Tamarack is an advanced exploration project and a joint venture with Talon Metals.
Nornickel's 2021 net profit stood at $6.97 billion, a 92% increase from 2020.
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