Alaska Business Magazine uncovers the state of the US nickel industry in this feature piece. Given nickel’s main use by far has always been the manufacture of stainless steel, and now, more recently, it’s also become a critical component in lithium-ion batteries that power electric vehicles, domestic supply cannot meet growing demand. According to GlobalData, which tracks and profiles mines and mining projects, there are more than 186 nickel mines currently in operation worldwide. The Eagle Mine in Michigan’s Upper Peninsula is the only one in the United States, and its end-of-life is anticipated in 2027.
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