Top 3 ASX Nickel Stocks to Buy for Growth
By Dale Gillham and Janine Cox
General Advice Disclaimer
This article is for general educational purposes only and does not take into account your personal financial circumstances, objectives or needs. Before making any investment decisions, consider your individual circumstances and seek independent financial advice if necessary.
Nickel is one of the hottest commodities on the market right now with long term potential for growth as the world makes the important transition to clean energy technologies. Two of the top 5 global nickel producing companies are Australia's BHP and IGO. In 2021, BHP sold 85 per cent of its nickel to the EV battery industry and has signed a memorandum of understanding for the supply of nickel to the Ford motor company. Understandably, BHP believes there is huge growth ahead for this resource. In this week's show, Dale and Janine share why they believe it’s important to gain exposure to nickel, as well as analysing the best time to buy the top 3 ASX nickel stocks.
