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Good long-term demand for nickel
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Good long-term demand for nickel
One important reason for the positive future prospects is the demand from the electric car sector; nickel is used in certain lithium-ion batteries. The main customers for nickel are stainless steel producers. According to forecasts, demand for battery nickel is set to triple by 2030. Nickel has the highest priority in Canada, where it is considered a critical metal. The country is the fifth largest nickel producer. Interested investors can take …
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