Nickel Still Capped By Surplus
Source: SeekingAlpha
2025-12-09 11:33:00 ET
By Ewa Manthey , Commodities Strategist
A nother year of surplus
Global nickel supply is expected to outpace demand again in 2026. Indonesia accounts for around 60% of global nickel output and is the primary driver of global mine supply growth, particularly through low-cost nickel pig iron (NPI) and expanding high-pressure acid leach (HPAL) capacity....
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Nickel Still Capped By Surplus
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