#Forbes: #Nickel Rush Restarts As Steel And Battery Demand Rises

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China’s rapid exit from its Covid-19 lockdown has triggered the restart of a rush for nickel, an old-fashioned metal mainly used in making stainless steel, but also a key ingredient in the batteries of electric vehicles.

While not yet attracting the eye of investors in the same way iron ore has with its 30% rise to $100 a ton there has been a strong flow of deals and a hint of stockpiling ahead of a possible nickel shortage.

Read more at: https://www.forbes.com/sites/timtreadgold/2020/06/04/nickel-rush-restarts-as-steel-and-battery-demand-rises/#7ed0f50728ab

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