Nickel Mining Market Trends 2015 - 2023

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Nickel Mining Market - Global Industry

Analysis, Market Size, Share, Growth

Trends and Forecast 2015 - 2023

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REPORT DESCRIPTION

A crucial element used for several applications such as for making nickel steels, electroplating and

superalloys. Increasing industrialization coupled with the infrastructure development has increased the

demand for steel across the globe. Increasing demand for steel has swelled the demand for nickel mining.

The mining industry has seen a growth that has resulted due to the increasing demand for minerals and

metals from the different sectors of the economy coupled with the advancements in the mining

technologies.

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Nickel is a silvery-white lustrous metal. Due to its high reactivity with oxygen, nickel is mostly found in the

interiors of large-iron meteorites. Nickel is used in wide range of applications due to its less corrosive

nature and less ductility. Nickel is extracted for ores by roasting and reduction processes. The methods

provides more than 70% purity, making it usable for production of stainless steel without further purifying

it. However, stainless steels produced from it can’t be used for every applications. Pyrometallurgical

technique is the most traditional technique for processing of most of the sulfide ores. The yield of nickel

has been significantly improved by recent advancement in hydrometallurgical techniques. These process

allows the production of nickel with the final...