What is the forecast for battery demand for nickel by 2030 according to Bloomberg Neft?
Nickel on Track for Best Quarter in a Decade
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The video discusses the current state of the nickel market, highlighting its strong performance and supply challenges due to Indonesia's export ban. It emphasizes the importance of nickel in electric vehicle (EV) batteries and forecasts a significant increase in demand by 2030. The potential for EVs to drive up nickel prices is also explored.
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In what way might electric vehicles influence the price of nickel?
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