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Nickel price gets ahead of itself

Too far, too fast, is not something often said about battery-powered cars, but it is being said in China about one of the recent winners from the surge of investor interest in a member of the battery metals family; nickel.

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The nickel price raced ahead during LME Week on hopes of rising demand from EVs

Whereas most battery-powered cars are dogged by a perception they can't travel far without a battery re-charge (range anxiety), the price of nickel has travelled too far on the promise of futu...