Strategic Commodities 2.0: Nickel Supply and Demand

A display near Sudbury's 'Big Nickel' in Canada, cc Flickr Mike Beauregard, modified, Mike Beauregard


The decade ahead will bring massive structural shifts as economies around the world transition away from fossil fuels. These changes have already given rise to new strategic commodities, such as rare earth minerals, cobalt, and lithium to name a few. The extent to which global economies are willing to clash over these strategic commodities in order to secure reliable supply chains remains to be seen, and will largely be a function of the global trade system going forward. However, the fact remains that supply chain security is a matter no policymaker will have the luxury of ignoring.

This article examines factors impacting nickel supply and demand over the next decade.


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