Is it time for lower grade nickel sulphide projects to shine?
The bidding war over Noront Resources and the flurry of nickel offtake agreements announced this month between automakers and nickel producers seems to suggest that industry participants have (at last) woken up to the impending scarcity of class 1 nickel resources. As we note in this month’s other Focus article, we believe that ternary (high nickel) chemistries will remain vital in EV land for at least the next decade, probably longer, which means that the demand story for nickel will remain intact. With the bidding war for Noront seemingly entering the endgame, we ask - what next for nickel? We...