Article

The nickel sector in New Caledonia is set for a revival with state support aimed at enhancing productivity and competitiveness. Measures include guaranteed loans for major operators and a subsidy for energy transition, including the construction of a pumped energy storage station.

Ongoing negotiations for the KNS factory's sale and the upcoming launch of the Lucy project for residue storage signal further development. Meanwhile, global nickel prices rise slightly, although challenges remain from overproduction and reduced consumption.