April 2015 Analysis

Global Industry Overview - Nickel: Indonesian Export Ban Will Not Derail Growth - APR 2015

Global nickel mine production will see continued, if slowing, growth over the coming five years. The Philippines will account for the bulk of output increases, though Australia, Brazil, and Indonesia will remain key suppliers in the global nickel supply chain. A stronger US dollar will also help boost miners' revenues in local currency terms, providing a tailwind to miners.