Five times the amount of nickel will be needed to meet global demand by 2025. Fortunes could be made in nickel investments!

The Investing News Network reached out to the market watchers and insiders to get their best predictions for 2024, including top stocks and trends to watch!

2024 NICKEL

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OUTLOOK REPORT: AUSTRALIA EDITION

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2024 Nickel
Outlook Report

AUSTRALIA EDITION

Table of Contents

Nickel Price Update: Q1 2024 in Review
At the start of the year, experts were predicting that nickel prices would be rangebound in 2024.
Nickel Price Update: Q2 2024 in Review
The first quarter of the year saw the nickel price under threat from a market glut as Indonesian supply flooded the market, forcing western producers to begin cutting production amid low profitability.
ASX Nickel Stocks: 5 Biggest Companies in 2024
Nickel has traditionally been used in alloys such as stainless steel. However, in recent years, growing demand for lithium-ion batteries has brought attention to its role in the quickly developing battery sector.

UPDATED!

Ewa Manthey

ING

"Global nickel consumption is expected to increase due to recovery of the stainless steel sector and increased usage of nickel in EV batteries. Batteries now account for almost 17 percent of total nickel demand, behind stainless steel"