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NICKEL INDUSTRIES LIMITED

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Commented by Jens Castner on April 30th, 2026 | 06:50 CEST

DEFENSE, RAW MATERIALS, RETURNS: POWER METALLIC MINES, ERAMET, AND NICKEL INDUSTRIES FACE A STRESS TEST

Mining
PGMs
Nickel
Defense
Electrification

While gold and silver have lost significant ground following their price surge at the start of the year, other precious metals are attracting investors' attention. Leading the way is nickel, an indispensable raw material for the defence industry. The price per ton has just climbed to a new multi-year high above USD 19,000. We take a look at what this means for the shares of Power Metallic Mines, Eramet, and Nickel Industries.

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