The LME Nickel Crisis with Jack Farchy
The HC Commodities Podcast
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The Blood in the Water of the Global Nickel Market
Of the 3 million ton global nickel market only about 800,000 tons is of the kind that's deliverable on the LME and a key fact to understand of how this became a blood in the water situation is about 25% of that 800,000tons is produced by Nurel Smithl in February, March of 2022. I mean actually the market started to move up already in January I think probably maybe a little bit on speculation of that something would happen with Russia but I think probably more on optimism about electric vehicles by February.
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