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TSLA - Nickel Monthly News For The Month Of March 2021
Tesla Inc.
Nickel spot prices were significantly lower in March, and the LME inventory was slightly higher than last month.
Nickel market news - Fitch: Nickel demand for EVs to outpace lithium and cobalt. UBS forecasts Demand for nickel grows from ~2.6mtpa now to 5.8mtpa by 2030, a 2.2x increase.
Nickel company news - Tesla partners with New Caledonia nickel mine amid shortage fears. Talon Metals drills 21.73 meters grading 8.35% NiEq. at their Tamarack Nickel Project.