Interestingly, however, the next sharp move in the price of nickel is as likely to be up as it is down.
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The Tsingshan shock which triggered a 20% fall in the price of nickel earlier this year is all but forgotten, with the price back to its pre-crash level, but there is no guarantee that another shock might not be just around the corner.
Interestingly, however, the next sharp move in the price of nickel is as likely to be up as it is down.
Investment presentation from Mining Journal Select London 2023, 27 March
Nordic Nickel gears up for Pulju push
Nickel's next crisis, oversupply
Nickel recovers from the Tsingshan shock
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