Nickel Prices Expected to Drop Further in 2024 ...Middle East

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Via Metal Miner   Will there be a rebound in Chinese nickel purchases in 2024? Furthermore, will it serve to bolster the market in the near term? Following a lengthy period of de-stocking last year, these are just some of the questions with implications for the global nickel price. As the world moves toward cleaner energy sources, certain minerals and metals are now deemed “critical” to the transition. As a key ingredient in electric vehicle (EV) batteries, nickel is one of several elements under the spotlight. On average, most…

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