How did we all miss this one?
In 2022 nickel was added to the list of Critical Minerals according to usgs.gov. Critical items are things we need to import because we don’t make enough of them domestically. I searched and found no mention of this on this website!
There are 50 items on the list including many obscure ones like cerium and cesium. I have no clue what either of them looks like.
My speculation is that if leading producers are hostile places that don’t like America, then stuff they export to us is in more danger of being cutoff. I do know that Norilsk Nickel (formerly traded under the symbol NILSY) no longer trades in the U.S. because of the war with Ukraine.
This is all the more reason to hoard .999 Canadian nickels and coins from other foreign countries (like France and South Africa) that are made of nickel.
Nickel is still reasonably priced IMHO and demand from electric vehicles alone could cause the price to go up sharply. No, not selling mine at anywhere near the current market price.