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20 Dec
07:54

Australian government sees nickel prices easing

Nickel prices are expected to ease as increased Indonesian production outweighs rising consumption, particularly in electric vehicle battery usage, according to the Australian government’s Resources and Energy December quarterly report seen by Kallanish. According to the report, the nickel price is forecast to ease gradually over the outlook period to $19,900/tonne in 2024 as the surge in world supply due to the ramp up in Indonesian productio…
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