Glencore is a leading producer and marketer of nickel, as well as a recycler of nickel-containing materials such as batteries.
We produce some of the world’s purest nickel. Our marketing business markets nickel and nickel concentrates, as well as by-products and ferronickel. Our nickel operations are in Canada, Australia, Norway, and New Caledonia.
We produce other metals as a by-product of nickel production, including cobalt, copper, precious metals and platinum-group metals.
Nickel in figures - 2023
- 234 kt
of nickel sold via our marketing business
- 97.6 kt
of nickel produced at our assets
Uses of nickel
Nickel is mainly used in the production of stainless steel because it improves its strength and resistance to corrosion. Nickel is also used in certain types of steel which lower magnetic properties.
Stainless steel with nickel content is omnipresent, for example in buildings, bridges and kitchen appliances. Nickel makes steel corrosion-resistant and plays an essential role in our modern world.
As the trend towards e-mobility grows, this versatile metal is increasingly needed to produce high-performance batteries. Nickel in electric vehicle batteries helps deliver higher energy density and longer range for vehicles.
Because nickel resists high temperatures, it is used in special steel and superalloys intended for aircraft engines, among other applications.
Nickel assets
We have interests in a range of mining assets on four continents. They include:
Koniambo
New Caledonia
View moreKoniambo is a large-scale integrated ferronickel mining and processing complex.
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Leadership
- Marketing lead
- Industrial lead