Asset Classes

Nickel

Nickel

Parent Asset Class

Nickel is a silvery-white metallic element which is commonly used in the modern industrial world

Nickel Uses
  • Used in coins and jewelry
  • Used in white good
  • Used in stainless steel
  • Used in rechargeable batteries
  • Used as a plating in plumbing fixtures
  • Commonly used in stainless steel
  • Also used in batteries as it relates to cobalt
    • Important for Electric Cars

  • There is a global shortage of nickel (2018)
    • More nickel is used than is mined
    • This gap is expected to increase over the next 10 years
    • There is also not a bigĀ  pipeline of new mines