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McKinsey backs nickel price split

Class-1 price rises will eventually kill class-2 demand if nothing changes

Alex Hamer
C'est nickel!: the French use nickel as a word for 'cool'. They must have bought on the LME at $8,000/t

C'est nickel!: the French use nickel as a word for 'cool'. They must have bought on the LME at $8,000/t

In a new report, McKinsey analysts agreed with other forecasters a class-1 nickel supply shortage will hit in the next few years as electric vehicle manufacturers drive up battery demand. "With annual...

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