I copied this from an article that I was reading. Good timing for us if we can assume that Eagles Nest gets developed over the next few years. We have been here a long time waiting though...

Nickel is going to be a major beneficiary of the EV revolution, in particular class one nickel from sulphide deposits, which makes up about 40% of global nickel deposits. 60% of the world's nickel can't be used in batteries so this subset of demand will be enormous over the coming decade, requiring a tripling of supply on a modest EV penetration rate. Nickel prices are up over 40% in the past 6 months and I expect will continue to see strength for a long time. Prices in the past 10 years have been destroyed, down about 80% since 2007 highs over $20 per pound, so there is ample room for recovery.