Commodities > Base-metals

McKinsey backs nickel price split

McKinsey says splitting nickel formally into two categories on the London Metal Exchange could spur on production of class-1 nickel without killing demand for class 2 from steelmakers.

Commodities > Base-metals

McKinsey backs nickel price split

McKinsey says splitting nickel formally into two categories on the London Metal Exchange could spur on production of class-1 nickel without killing demand for class 2 from steelmakers.

McKinsey backs nickel price split

C'est nickel!: the French use nickel as a word for 'cool'. They must have bought on the LME at $8,000/t

In a new report, McKinsey analysts agreed with other forecasters a class-1 nickel supply shortage will hit in the next few years as electric vehicle manufacturers drive up battery demand.