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Nickel uncertainty makes forecasting tough

Commodity forecaster CRU believes the nickel sulphate price will need to rise to about US$24,000 per tonne in order for EV battery maker demand to be met.

Nickel uncertainty makes forecasting tough Nickel uncertainty makes forecasting tough Nickel uncertainty makes forecasting tough Nickel uncertainty makes forecasting tough Nickel uncertainty makes forecasting tough

Weda Bay

That's more than double the current LME nickel price and comes as uncertainty in the nickel market reigns supreme despite the commodity recently being forecast by many to likely figure as the best