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MINERS SCRAMBLE FOR NICKEL ASSETS

MINERS SCRAMBLE FOR NICKEL ASSETS

Surge in demand for electric vehicles fuels battery component’s long-term prospects.

A wave of consolidation is sweeping Australia’s nickel sector as miners position themselves for rising long-term nickel demand amid a boom in electric vehicles (EVs).

Capital raisings, strategic investments, takeovers and asset purchases in nickel featured in the second quarter of 2020, as large and small miners jostled for pole position.

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