Nickel Mining Market Trends Indicate Expansion in Recycled Nickel Use

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2025-08-13 09:48:59 -

The global nickel mining market was valued at USD 90.57 billion in 2024 and is projected to reach USD 105.82 billion by 2033, growing at a CAGR of 2.0% from 2025 to 2033. This growth is primarily driven by rising demand from the stainless steel industry. Nickel plays a crucial role as an alloying element, enhancing the strength, corrosion resistance, and heat tolerance of stainless...

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