1.1 Definition and scope of the study
Nickel is a chemical element with atomic number 28 and symbol Ni. It is the 5th most abundant element in the Earth, of which it is the second most important component of the core. The simple body of nickel is a metal. It is a ferromagnetic material that is also a good thermal and electrical conductor. It is mainly used in the formation of alloys to produce stainless steels by mixing it with chromium and iron.
World production of nickel was estimated at 2.5 million tons in 2020, and nearly a third of this production came from Indonesia. The Philippines, Russia and New Caledonia are also major producers of nickel. World reserves were estimated at 94 million tons in 2020.
The price of nickel is characterized by significant volatility. If it had seen a drop in March 2021 linked to progress in the production of the Chinese giant Tsingshan, the material has seen a surge in its price a year later following thethis led to an interruption in trading and a historic cancellation of all transactions in the material on the morning of 8 March 2022.
While France is a major producer of nickel with its reserves in New Caledonia, French nickel imports have given rise to a recent environmental controversy with an investigation into the Guatemalan mine.tion of the Guatemalan mine Fenix, whose nickel is imported into Savoie, and whose environmentally dangerous practices and pressures on local populations were denounced in March 2022.
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