Nickel prices were volatile in 2024, and similarly in the first quarter of 2025, but the longer-term outlook for the metal is very good.
One important reason for the positive future prospects is the demand from the electric car sector; nickel is used in certain lithium-ion batteries. The main customers for nickel are stainless steel producers. According to forecasts, demand for battery nickel is set to triple by 2030. Nickel has the highest priority in Canada, where it is considered a critical metal. The country is the fifth largest nickel producer. Interested investors can take a look at nickel shares. In Canada, for example, there is the Canada Nickel Company - https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ -. The company owns cobalt and nickel in the Crawford project in Ontario. Also, the Ontario government has identified Crawford as one of five strategic projects ready for near-term development.
In addition to the electric vehicle sector, nickel is used for various applications, for example as an alloying material for stainless steel products or for coating materials. The top five nickel-producing countries are Indonesia, the Philippines, Russia, Canada and China, with more than 50 percent coming from Indonesia in 2024. China is the world's largest nickel consumer. In terms of price, the nickel price is (still) trending downwards, which is due to an oversupply of refined nickel. Threats of tariffs also had a negative impact on the nickel market, as investors feared a global recession. A tonne of nickel currently costs around USD 15,240. In 2024, the price broke through the USD 20,000 mark.
Global demand for nickel should be robust in the long term. Inventories stood at 155,000 tons in March 2025, compared to 333,000 tons in the same month last year. Investors who are not looking at short- to medium-term developments, but at longer-term developments, could also take a look at Green Bridge Metals - https://www.commodity-tv.com/play/green-bridge-metals-acquires-option-on-the-serpentine-copper-nickel-pge-project-in-the-usa/ - in addition to Canada Nickel Company. This company focuses on nickel and battery metals and has the promising Chrome Puddy project in Canada and is currently acquiring a stake in a copper-nickel project.
Current company information and press releases from Canada Nickel Company (- https://www.resource-capital.ch/de/unternehmen/canada-nickel-company-inc/ -) and Green Bridge Metals (- https://www.resource-capital.ch/de/unternehmen/green-bridge-metals-corp/ -).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees may hold shares in the companies mentioned and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute a recommendation or advice. The risks involved in securities trading are expressly pointed out. No liability can be accepted for damages arising from the use of this blog. I would like to point out that shares and in particular warrant investments are always associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the correctness of all content. Despite the utmost care, I expressly reserve the right to make errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but in no way claims to be accurate or complete. Due to court rulings, the contents of linked external sites are also to be answered for (e.g. Hamburg Regional Court, in the ruling of May 12, 1998 - 312 O 85/98), as long as no explicit dissociation from these is made. Despite careful control of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/....
One important reason for the positive future prospects is the demand from the electric car sector; nickel is used in certain lithium-ion batteries. The main customers for nickel are stainless steel producers. According to forecasts, demand for battery nickel is set to triple by 2030. Nickel has the highest priority in Canada, where it is considered a critical metal. The country is the fifth largest nickel producer. Interested investors can take a look at nickel shares. In Canada, for example, there is the Canada Nickel Company - https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ -. The company owns cobalt and nickel in the Crawford project in Ontario. Also, the Ontario government has identified Crawford as one of five strategic projects ready for near-term development.
In addition to the electric vehicle sector, nickel is used for various applications, for example as an alloying material for stainless steel products or for coating materials. The top five nickel-producing countries are Indonesia, the Philippines, Russia, Canada and China, with more than 50 percent coming from Indonesia in 2024. China is the world's largest nickel consumer. In terms of price, the nickel price is (still) trending downwards, which is due to an oversupply of refined nickel. Threats of tariffs also had a negative impact on the nickel market, as investors feared a global recession. A tonne of nickel currently costs around USD 15,240. In 2024, the price broke through the USD 20,000 mark.
Global demand for nickel should be robust in the long term. Inventories stood at 155,000 tons in March 2025, compared to 333,000 tons in the same month last year. Investors who are not looking at short- to medium-term developments, but at longer-term developments, could also take a look at Green Bridge Metals - https://www.commodity-tv.com/play/green-bridge-metals-acquires-option-on-the-serpentine-copper-nickel-pge-project-in-the-usa/ - in addition to Canada Nickel Company. This company focuses on nickel and battery metals and has the promising Chrome Puddy project in Canada and is currently acquiring a stake in a copper-nickel project.
Current company information and press releases from Canada Nickel Company (- https://www.resource-capital.ch/de/unternehmen/canada-nickel-company-inc/ -) and Green Bridge Metals (- https://www.resource-capital.ch/de/unternehmen/green-bridge-metals-corp/ -).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees may hold shares in the companies mentioned and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute a recommendation or advice. The risks involved in securities trading are expressly pointed out. No liability can be accepted for damages arising from the use of this blog. I would like to point out that shares and in particular warrant investments are always associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the correctness of all content. Despite the utmost care, I expressly reserve the right to make errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but in no way claims to be accurate or complete. Due to court rulings, the contents of linked external sites are also to be answered for (e.g. Hamburg Regional Court, in the ruling of May 12, 1998 - 312 O 85/98), as long as no explicit dissociation from these is made. Despite careful control of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/....
