Nickel on Track for Best Quarter in a Decade

Nickel on Track for Best Quarter in a Decade

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current state of the nickel market, highlighting its strong performance and supply challenges due to Indonesia's export ban. It emphasizes the importance of nickel in electric vehicle (EV) batteries and forecasts a significant increase in demand by 2030. The potential for EVs to drive up nickel prices is also explored.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for nickel's strong performance this quarter?

Increased demand from the automotive industry

Supply issues due to Indonesia's export ban

Rising popularity of nickel jewelry

Technological advancements in nickel extraction

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant consequence of underinvestment in the nickel industry?

Overproduction of nickel

Increased competition among suppliers

Lack of new supply sources

Decrease in nickel prices

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is nickel sulfate important for electric vehicles?

It is crucial for the batteries

It powers the vehicle's air conditioning

It enhances the vehicle's paint durability

It is used in the car's bodywork

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By how much is the demand for nickel in batteries expected to increase by 2030?

14 times

12 times

10 times

16 times

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country is expected to be a major source of nickel for future battery demand?

Russia

Indonesia

Canada

Australia