Nickel projects attracting increased investor confidence and interest

Roskill’s Thomas Höhne-Sparborth discusses with Proactive London’s Andrew Scott the outlook for Nickel.

He says prices are still relatively low by historical standards—on average, every year between 2004 and 2014, the LME nickel cash price was above the 2018 year-to-date average price.

He adds that the push for automotive electrification is set to provide a dramatic upside for the metal.

Nickel, used in the cathode materials for lithium-ion batteries, is being consumed in increasingly large quantities.