3.3
million metric tons
Global Production
USGS – Mineral Commodity Summaries 2024
+22.2%
YOY % Change
Provenance
Major nickel-producing countries include Indonesia, the Philippines, Russia, and Canada. Nickel is often found in laterite and sulfide ores, with significant mining operations in Indonesia’s Sulawesi Island, the Philippines’ Palawan, and Russia’s Norilsk region.
Impact
Nickel is crucial for stainless steel production and is increasingly important for battery technology, particularly in electric vehicles. The shift towards electric mobility is driving demand for nickel, making its supply chain critical.