The demand for nickel is expected to increase strongly due to its key role as an input for products used in the energy transition. Nickel has outstanding physical and chemical properties. It is resistant to both corrosion and oxidation and can withstand high temperatures. It also has excellent properties for storing energy. Its biggest use is alloying with other metals to produce stainless steel, nickel-based superalloys and other alloys. It is also increasingly used as a cathode material in rechargeable batteries for electric vehicles. Nickel also increases the energy density of EV batteries and contributes to a longer driving range. Nickel can be recycled an unlimited number of times with recycling rates exceeding 85%.