Want to create interactive content? It’s easy in Genially!
Nickel in the energy transition
IFPEN
Created on March 26, 2021
Start designing with a free template
Discover more than 1500 professional designs like these:
Transcript
Listen to the podcast
#5
NICKEL
Market concentration: what do the figures tell us?
What risks is facing nickel supply ?
Who produces it?
Where is nickel found?
Metals in the energy transition
Where is nickel found?
Who produces it?
New Caledonia
8,1 %
DominicanRepublic
1,9 %
United-States
0,6 %
United States
0,1 %
Cuba
2 %
Australia
6,9 %
Russia
7,3 %
China
3 %
4,8 %
China
Indonesia
22,4 %
Indonesia
30,7 %
Philippines
12,9 %
Philippines
5,1 %
Cuba
5,9 %
Brazil
2,9 %
Canada
6,1 %
Canada
3 %
Brazil
17 %
Russia
11,3 %
Calculés d'après : Shedd, K.B., (2021), “Mineral Commodity Summaries”, U.S. Geological Survey.
Main reserves
Main producing countries
Nickel
Australia
21,3 %
Market concentration: what do the figures tell us?
1 376
HHI index - Nickel reserves
HHI index - Nickel production
1 427
A relatively low concentration of the production and the reserves
781
HHI index - Oil production
Calculation based on : Shedd, K.B., (2021), “Mineral Commodity Summaries”, U.S. Geological Survey.
highly concentrated market
1500 < HHI < 2500
HHI > 2500
moderately concentrated market
The Herfindahl-Hirschmann index (HHI) is a measure of the market concentration
Les métaux dans la transition énergétique
What risks is facing nickel supply ?
For 2050
A moderate geological risk on the nickel resources is to be anticipated
58,7 % to 61,3 % will be extracted in a more ambitious 2°C climate scenario
Within the context of BAU mobility and irrespective of the battery technology considered, 51,4 % à 52, 8% of nickel resources will be extracted in a 4°C scenario
A geological risk to keep track of
Consumer countries, European states in particular, are threatened by increasing depedence and supply disruptions could emerge within the next ten years.
Structural price volatility doesn't encourage an increase of investments in class 1 nickel production and transformation
The electrification of the vehicle fleet could cause the multiplication by 4 of the nickel demand in a 2 °C scenario
The extraction and transformation of high-quality nickel that is used for batteries could be a problem
Economic and strategic risks
LiSTEN to the podcast
Metals in the energy transition
More info
7 minutes
Episode 5NICKEL
Metals in the energy transition
Podcast