Nickel’s price doesn’t add up

While Nickel is used in the manufacture of stainless steel, it’s also used in producing shiny things on cars such as grilles and wheels.

Furthermore, it’s part of the production in lithium-ion batteries for electric vehicles.

But now, 1 tonne of Nickel (US$80,000) is worth more than the cost of an above average whole, manufactured and finished car.

March 9, 2022
by Rob Zdravevski
rob@karriasset.com.au