The price of nickel has been rising sharply this year from around $11,000 a ton in January to $18,000 last week (63%). Nickel is a key ingredient in the batteries of electric cars. There may well be a world shortage of nickel if one of the Asian producers is forced to shut down after a spillage. See link below:

https://www.mining.com/ramu-s

One way of investing in nickel is through an ETF or ETC such as £NICK. It seems likely that the price of nickel will continue to rise over the next few months. I think it's a reasonably safe bet but I'd be interested to know what others think.

Unlock the rest of this article with a 14 day trial

Already have an account?
Login here