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Take Nickel inventory drop with a pinch of salt

Posted on - 08 Jun 2019

Category - Features

We all know that nickel as a commodity is one of the big winners of the battery story. We’ve all seen the Benchmark Minerals chart that shows annual nickel demand in batteries rising by a factor of 15x over the next 10-15 years, we know about the changes in battery chemistry that are likely to see nickel demand per kWh increase substantially and most of us are aware of the fact that there is a shortage of class 1 nickel development projects and that class 2 nickel simply isn’t suitable for use in batteries. Everybody is excited about the outlook...

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