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Nickel price: Indonesia confirms Tesla talks – MINING.COM – MINING.com – MINING.com
An Indonesian official has confirmed earlier reports that the government will begin early talks with Tesla.
Nickel prices have shot up to a six-year high on the back of rising demand expectations from the EV sector (click here for an interactive chart on nickel prices). On Friday, the metal was trading at $18,599/t on the LME, near what analysts believe to be a critical threshold for new supply investment.
In a report prepared by Roskill on behalf of the European Commission, global nickel demand is expected to reach 2.6 million tonnes in 20 years, which is significantly higher than the 92,000 tonnes recorded…
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