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Top ten nickel-producing countries in 2023
Nickel has long been a highly versatile metal, but in recent times it has become a crucial component of the energy transition. According to International Energy Agency (IEA) predictions, demand for nickel will rise significantly, by around 65%, by the end of this decade. Global nickel reserves as of January 2023 were 102.1 million tonnes (mt), according to a GlobalData report citing US Geological Survey data. The majority of these reserves are found in Indonesia and Australia, which accounted for 20.6% of the global total each, followed by Brazil (15.7%), Russia (7.3%) and New Caledonia (7%). The Philippines and ... (full story)