
René Muschter
Research Expert covering Industry & Mobility
Nickel is a versatile transition metal, serving a vital role in numerous industries. Its applications range from traditional uses in stainless steel and construction to newer applications in electric vehicles and renewable energy technologies. While the global production of nickel from mines was estimated to amount to a total of 3.9 million metric tons in 2025, the major countries in nickel mining include Indonesia, the Philippines, Russia, and Canada. Indonesia is home to the largest nickel reserves and mines. Nickel reserves are among the metals and minerals with the fewest remaining life years. However, because nickel is a highly recyclable material, this poses less of a problem.Â

Detailed statistics
Global nickel production volume from mines 2010-2025

Detailed statistics
Global nickel reserves 2025, by country

Detailed statistics
Distribution of nickel production worldwide 2024, by producer

Global nickel reserves 2000-2025
Reserves of nickel worldwide from 2000 to 2025 (in million metric tons)

Global nickel reserves 2025, by country
Leading countries based on nickel reserves worldwide as of 2025 (in million metric tons)

Global nickel production volume from mines 2010-2025
Mine production of nickel worldwide from 2010 to 2025 (in 1,000 metric tons)

Global distribution of nickel production 2024, by country
Distribution of mine production of nickel worldwide in 2024, by country

Leading nickel mines globally 2023, by production volume
Leading nickel mines worldwide in 2023, by production volume (in 1,000 metric tons)

Annual nickel import volume worldwide 2014-2024
Annual global nickel import volume from 2014 to 2024 (in 1,000 metric tons)

Annual nickel export volume worldwide 2014-2024
Annual global nickel export volume from 2014 to 2024 (in 1,000 metric tons)

Leading nickel exporters worldwide based on value 2024, by country
Leading exporters of nickel worldwide in 2024, by country (in million U.S. dollars)

Global leading nickel ore importers 2024, by country
Leading importers of nickel ore worldwide in 2024, by country (in million U.S. dollars)

Share of global nickel export value 2024, by country
Distribution of nickel export value worldwide in 2024, by country

Nickel export value Philippines 2014-2024
Export value of nickel ore and concentrates from the Philippines from 2014 to 2024 (in million U.S. dollars)

Destination of nickel export Philippines 2024, by export value
Leading markets importing nickel ore and concentrates from the Philippines in 2024, by export value (in million U.S. dollars)

Share of U.S. nickel imports by country 2021-2024
Percentage of United States nickel imports between 2021 and 2024, by country of origin

Global nickel mine production 2025, by country
Leading countries in nickel mine production in 2025 (in metric tons)

Indonesia's nickel mine production 2010-2025
Mine production of nickel in Indonesia from 2010 to 2025 (in 1,000 metric tons)

Philippines' nickel mine production 2010-2025
Mine production of nickel in the Philippines from 2010 to 2025 (in 1,000 metric tons)

Russia: nickel mine production 2006-2025
Mine production of nickel in Russia from 2006 to 2025 (in 1,000 metric tons)

Nickel production in Canada 2010-2025
Production volume of nickel in Canada from 2010 to 2025 (in metric tons)

Production of nickel globally 2024, by political stability of producer countries
Production volume of nickel worldwide in 2024, by political stability of producer countries (in 1,000 metric tons)

Largest nickel mining companies globally 2024, by market capitalization
Leading nickel mining companies worldwide in January 2024, based on market capitalization (in billion U.S. dollars)

Distribution of nickel production worldwide 2024, by producer
Distribution of nickel production worldwide in 2024, by company

Vale's nickel production 2010-2025
Nickel production of Vale S.A. from 2010 to 2025 (in 1,000 metric tons)

Nornickel's nickel production 2010-2025
Norilsk Nickel's nickel production from 2010 to 2025 (in metric tons)

Glencore's production of nickel 2015-2025
Glencore's nickel production from 2015 to 2025 (in 1,000 metric tons)

BHP's production of nickel 2010-2025
BHP's production of nickel from 2010 to 2025 (in 1,000 metric tons)

Global nickel consumption 2010-2024
Consumption volume of nickel worldwide from 2010 to 2024 (in 1,000 metric tons)

Primary nickel consumption worldwide by industry 2024
Primary nickel consumption worldwide in 2024, by industry (in 1,000 metric tons)

Distribution of primary nickel consumption worldwide 2024, by industry
Distribution of primary nickel consumption worldwide in 2024, by industry

Distribution of nickel consumption worldwide by region 2024
Distribution of global primary nickel consumption in 2024, by region

Global nickel end use share 2024, by industry
Distribution of nickel end use worldwide in 2024, by type

Nickel prices 1980-2027
Average nickel prices from 1980 to 2025 with forecasts to 2027 (in U.S. dollars per metric ton)

Monthly price of nickel worldwide 2016-2026
Monthly price of nickel worldwide from September 2016 to February 2026 (in U.S. dollars per metric ton)

Rate of return on nickel investments worldwide 2011-2025
Returns on nickel investments from 2011 to 2025
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