LORD COPPER: Stocks need to drop for nickel to join cobalt in EV ride

Nickel prices trading on the London Metal Exchange were buoyed by optimism over electric vehicles during LME Week, but the industry needs to tackle the ever-present warehouse stockpiles before the lithium-ion battery raw material can mirror cobalt’s successes, Lord Copper argues.

The LME Dinner a couple of weeks ago had a much more positive feel about it than has been the case for a while. It’s not difficult to track most...