Nickel — Class 1 (battery-grade)

Ni · category: battery · USD / tonne

All materials
High supply riskCN 42%

Nickel — Class 1 (battery-grade)

Indonesia controls ~55% of mined nickel; LME Class 1 premium widening on US IRA-compliant grades.

18,900
USD / tonne
3.2% · 30d

Profile

Category
battery
Primary uses
EV batteries, Stainless steel, Aerospace alloys
Top producers
Indonesia, Philippines, Russia, Canada
China dependency
42%
Supply risk
High

Compliance signals

  • IRA §30D · qualified suppliers identified
  • EU CRMA strategic project · 3 active
  • MOFCOM export license required

Qualified suppliers

7 in atlas
  • RU · Integrated
    Nornickel — Norilsk
    220k t/y · ESG 31 · Operating
  • BR · Integrated
    Vale — Onça Puma
    28k t/y · ESG 68 · Operating
    RMI-RMAPISO-14001
  • TZ · Integrated
    Kabanga Nickel — Kabanga Project
    65k t/y · ESG 74 · Permitting
    IRMA
  • US · Mine
    Talon Metals — Tamarack
    18k t/y · ESG 79 · Permitting
    IRMA
  • US · Recycler
    Li-Cycle — Rochester Hub
    35k t/y · ESG 82 · Ramping
    RMI-RMAPB-Corp
  • SE · Recycler
    Northvolt Revolt — Skellefteå
    125k t/y · ESG 89 · Ramping
    IRMARMI-RMAP
  • GB · Recycler
    Altilium Metals — Teesside
    30k t/y · ESG 87 · Permitting
    IRMAB-Corp

Recent intelligence

2 items
  • 2026-05-25Official Journal L 138/12
    EU 14th sanctions package: Norilsk Nickel partial restrictions extended

    Council Regulation (EU) 2026/823 extends import restrictions on Russian Class-1 nickel through Q2-2027. Existing long-term contracts grandfathered until 2026-12-31. EU OEMs accelerating substitution programs.

  • 2026-05-08Sekretariat Negara RI
    Indonesia formalizes raw-nickel export ban extension through 2030

    President signed Reg. 18/2026. Downstream value-addition mandate maintained. Chinese-built HPAL capacity now ~620ktpa Ni-eq, but ESG and FEOC issues block IRA qualification of most output.