Nickel Hits New High Surging 90%

Nickel Hits New High Surging 90%

Assessment

Interactive Video

Business

University

Hard

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The video discusses the unprecedented spike in nickel prices due to supply risks from Russia, highlighting the impact on the metals market. It explores nickel's significance in EVs and stainless steel, with concerns over high-grade nickel supply from Russia's Norliss Nickel. The global dependency on resources from Russia and Indonesia is examined, alongside the challenges in soft commodities, particularly wheat, due to geopolitical tensions and environmental factors.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of global nickel supplies does Russia account for?

70%

50%

6%

16%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country is the world's largest supplier of nickel?

Russia

Brazil

China

Indonesia

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern for the market regarding Russian nickel?

Low quality

Lack of demand

Potential sanctions

Overproduction

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been a limitation on US and Latin American exports to Europe?

High tariffs

Currency fluctuations

Preference for organic products

Lack of transportation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the world's wheat trade is accounted for by Russia and Ukraine?

75%

10%

25%

50%