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Nickel and copper, where there will be pent-up demand

Nickel and copper are among the important raw materials for climate change. Nickel is used in the production of stainless steel and for exhaust gas catalysts. Nickel stocks have fallen by around 50 percent since the beginning of the year and are now at their lowest level since 2012, indicating strong demand. The world-s largest nickel reserves are in Indonesia. And Indonesian President Joko Widodo wants to attract electric car producers, including German ones, to his country. According to Widod

Climate change: S&P says shortfall ahead for copper and could derail decarbonisation globally, unless production is expanded hugely

A chronic supply gap in copper, a metal essential to electrification and energy transition globally, could emerge in a few years and threaten efforts to fight climate change through decarbonisation, S&P Global said.

Copper Price Technical Analysis: Bullish Momentum Gathers Pace

EUROPEAN MIDDAY BRIEFING: Oil Rebound, PMI Data -2-

EUROPEAN MIDDAY BRIEFING: Oil Rebound, PMI Data -2-
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