Nickel is a metallic chemical element similar in form to chromium, aluminum and titanium, but is slow to react in air at normal temperatures and pressures. Nickel is magnetic and is valuable for the alloys it forms, especially many superalloys, and particularly stainless steel.
Thirty-eight percent of annual nickel use is in nonferrous alloys (or mixed with metals other than steel) and superalloys (metal mixtures designed to withstand extremely high temperatures and/or pressures, or to have high electrical conductivity). Nickel is used as a coating on other metals to slow down corrosion. Nickel coatings account for 14% of nickel use.
The remaining 6% of the annual nickel use is for a variety of purposes including the production of coins, nickel-cadmium and nickel-metal hydride batteries; as a catalyst for certain chemical reactions; and, as a colorant, nickel is added to glass to give it a green color. The U.S. 5-cent piece is called a "nickel" because it only contains 25% nickel.
Articles
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15/01/2010
Nickel demand expected to pick up in 2010 - Roskill
Executive summary from the latest detailed Roskill analysis of the global nickel sector suggests a good pick up in demand this year with prices to remain stable.
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31/07/2009
Vale optimistic upward momentum in nickel price can be sustained
Vale, one of the world's biggest nickel diggers, is optimistic that the upward momentum in nickel prices could have good legs.
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04/11/2008
Nickel – where to from here?
The prospects for nickel companies and current historically low share prices could be either a good opportunity for the long term investor, or best watched from the sidelines until clarity prevails.
News
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21/10/10
Investors once again flock to the prince of base metals: nickel -
25/03/10
Nickel, The Leader Of The Pack? -
08/03/10
Future nickel supply dependent on sucess of high pressure acid leach
Recent Sector News
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Elemental Minerals starting to catch the eye as Kola shapes up as a world class potash deposit
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EurOmax sets stage for transformation into London-based explorer
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Silver Bull boosts Shallow Silver Zone open pittable resource by 39% at Sierra Mojada
Silver Bull Resources (TSE:SVB)(AMEX:SVBL) Tuesday said a new NI 43-101 report currently being completed will show a 39 per cent increase in the open pittable resources at the Shallow Silver Zone at its Sierra Mojada project in Mexico.
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Geomega unveils "excellent" preliminary metallurgical results from Montviel
Geomega Resources (CVE:GMA) unveiled Thursday preliminary metallurgical results from its Montviel rare earths-niobium project near Level-sur-Quévillon, Québec, with recoveries as high as 97% total rare earth oxides (TREO).
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Mkango Resources sees more good grades from Songwe
Mkango Resources today reported more good grades from the latest drilling at its rare earth project at Songwe Hill in Malawi.
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Selwyn unveils updated resource at XY West at Yukon project
Selwyn Resources Ltd. (CVE:SWN) Tuesday announced an updated mineral resource estimate for its XY West deposit, highlighting the expansion of its inferred category resources to 12.75 million tonnes grading 4.42% zinc and 1.40% lead.
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