Column: Trump 2.0 won’t reverse Biden’s critical minerals push
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The global nickel market surplus edged down to 15,200 tonnes in October from 15,500 tonnes in September, data from the Lisbon-based International Nickel Study Group (INSG) showed on Wednesday.
During the first 10 months of the year, the global market was in a surplus of 78,300 tonnes compared with a deficit of 163,600 tonnes in the same period of 2021, INSG data shows.
Data below in thousands of tonnes.
| Oct | Sept | Jan-Oct 2022 | Jan-Oct 2021 | |
| Mine production | 286.3 | 299.7 | 2662.4 | 2293.4 |
| Refined production | 279.2 | 261.2 | 2477.0 | 2138.5 |
| Refined usage | 264.0 | 245.7 | 2398.6 | 2302.1 |
| Balance | 15.2 | 15.5 | 78.3 | -163.6 |
(By Eric Onstad; Editing by Elaine Hardcastle)
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