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Nickel revival?

The nickel story is not panning out the way many analysts had predicted with the price of the storied base metal of 2016 now trading at US$9,500 per tonne.

Dan Petrie

Dan Petrie

Data Analyst

Viewpoint > Datadigger

Nickel revival?

The nickel story is not panning out the way many analysts had predicted with the price of the storied base metal of 2016 now trading at US$9,500 per tonne.

Nickel revival?

Source: Quandl, LME, Mining-Journal, May 2017

In the Philippines, a government-enforced closure of six of 28 nickel mines on environmental grounds in 2016 was the catalyst that saw the nickel price rise to $11,000/t.

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