Currently viewing Global edition

Explorers bet on net zero nickel but need higher prices

Significant future nickel supply deficits forecast by leading analysts such as Benchmark Minerals and Wood Mackenzie could intensify the focus on sources of one of the crucial metals in lithium-ion batteries, with a number of current and emerging project developers likely to put increasing emphasis on environmental and social impacts as well as the standard cost-competitiveness weighting.

Explorers bet on net zero nickel but need higher prices Explorers bet on net zero nickel but need higher prices Explorers bet on net zero nickel but need higher prices Explorers bet on net zero nickel but need higher prices Explorers bet on net zero nickel but need higher prices

Giga Metals' Turnagain project in British Colombia, Canada

The growing thirst for nickel for electric vehicle (EV) batteries is forecast to see demand rise from 170,000 tonnes per year in 2019 to 700,000tpy by 2030 and 1.