Insight
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8 Pages

China syndrome: Future nickel supply and long term price


China syndrome: Future nickel supply and long term price

Report summary

In the two prior insights in this trilogy - "The Magnificent Seven: Current status of new laterite Ni projects" and "Mission Impossible:  Averting the long-term nickel shortage" – the underlying conclusion was that the combination of commissioning issues and delays in construction that would almost inevitably be associated future projects would make it very difficult for "western" producers to provide sufficient nickel units to meet our long term demand requirement of 400kt by 2025.  Indeed...

What's included?

This report includes 1 file(s)

  • China syndrome: Future nickel supply and long term price PDF - 520.47 KB 8 Pages, 0 Tables, 9 Figures

Description

This Metals Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For industry participants and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making.

Our analysts are based in the markets they analyse and work with high-quality proprietary data to provide consistent and reliable insight.

We provide unique in-depth analysis of the metals supply industry so you can make confident strategic decisions.

  • Executive summary
  • Test for the west
  • Chinese demand – leading the world
  • Chinese resourcefulness - the rise of NPI
  • Chinese future – sufficient NPI capacity already exists
  • Indonesian imponderable
  • The sting – less from the west
  • Conclusion

In this report there are 9 tables or charts, including:

  • Executive summary
  • Test for the west
  • Chinese demand – leading the world
    • China drives long term demand for nickel
  • Chinese resourcefulness - the rise of NPI
    • Chinese total primary nickel consumption (kt)
    • Chinese primary nickel use in stainless only (kt)
    • Chinese total nickel use in stainless (kt)
    • Chinese total nickel use in stainless (%)
    • The growing share of NPI in primary nickel use in Chinese stainless
  • Chinese future – sufficient NPI capacity already exists
    • Additional NPI needed to meet long term NPI requirement in Chinese stainless steel
  • Indonesian imponderable
  • The sting – less from the west
    • Global long-term nickel requirement from China and RoW
    • RoW nickel requirement of 200kt needs incentive price of about $10/lb
  • Conclusion
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