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Nickel miners bank on high demand by 2019

Posted on 11 October 2013

Western Australia’s nickel miners believe the industry has hit rock bottom, and will be buoyed by a surge in demand by the end of the decade. But as weakness in the nickel price persists, producers and mine developers might be in for some more pain until a full recovery gets underway.
The heads of three major nickel companies told a conference in Perth this week that nickel shortages were expected to boost the metal’s price between 2015 and 2019, as production dries up and Chinese demand increases………………………………………..Full Article: Source


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