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Why Nickel's Structural Moment Is Still Coming & Why It Matters for Investors
Global primary nickel usage stood at 3.347 million tonnes in 2024, up from 3.193 million tonnes in 2023, a year-on-year increase of approximately 4.8%, according to the International Nickel Study Group (INSG). The INSG projects demand to reach 3.537 million tonnes in 2025. Looking further out, Benchmark Mineral Intelligence forecasts total nickel demand could reach approximately 4.9 million tonnes by 2030, with battery-specific nickel demand alone hitting 1.5 million tonnes annually by the end of the decade, triple current battery nickel consumption levels. It is important to note that Canada Nickel Company's own ... (full story)
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- Feb 24, 2026 10:50am Posted byFundamental Analysis179
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