Page 681 - ANC20-Proceedings-Presentations-Full

Overview of the nickelindustry

Nickel demand continues to be dominated by stainlesssteel

• Stainless steel accounted for 70% of primary nickel demand in 2019 vs batteries with 5%

• Unrelenting rise of nickel pig iron in 2019, representing 40% of refined nickel supply

• Nickel sulphate gearing up for near exponential demand growth