FREE 2022 Nickel Investor Report [Updated Aug 5]

“The biggest surprise (of 2021) was the price performance of nickel. We were not expecting a big price drop ... but I don't think anyone anticipated just quite how high the price was going to go.”
— Marta Dec, CRU Group

“I think this remains the problem (for junior miners): Perhaps producers or those that could be funding them need to believe that the nickel price is sustainable to enter an investment to get such exposure.”
— Marta Dec, CRU Group

“While there is much excitement about the energy transition and vehicle electrification, stainless remains the primary demand area for nickel, and this is continuing to grow in output, particularly in China and Indonesia.”
— Andrew Mitchell, head of nickel research at Wood Mackenzie

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