Skip to main content

The future of nickel: A class act

The global nickel market is entering a period of flux as new applications drive changes in demand. We are seeing the potential emergence of two distinct commodity markets: one focused on nickel used in rechargeable batteries, which will be driven by the rapid adoption of electric vehicles; the other used in traditional stainless steel, dominated by ferro-nickel and NPI products. This change presents a set of strategic opportunities and threats which will require mining companies, battery manufacturers and car OEMs to re-evaluate their market strategies.
To download the report, please click on the link below.

About the author(s)

Nicolò Campagnol and Ajay Lala are analysts in the Belgian Knowledge Center, Ken Hoffman is a senior expert in the New Jersey office, and Oliver Ramsbottom is a partner in the Tokyo office.