28Ni

Nickel

Critical MineralLow(32)

transition metal

Supply chain vulnerability assessment

China Exposure

Import Reliance

48%

32Low

Allied nation supply chain coverage

Moderate

29%

59%

28.5%

Allied

59.4%

Neutral

12.1%

Adversary

stainless steelbatteriessuperalloys

Potential Substitutes

chromiumironLFP batteries

USD/metric ton

$15,950

+1,000 (+6.7%)

Low

$8,750

Average

$15,569

High

$28,550

Source: World Bank Commodity Price Data (Pink Sheet)