Against the backdrop of growing demand for electric vehicles, the reduction in nickel stocks in storage pushes up the price of the metal to a maximum since February 2012 from, according to the latest data, $ 22.74 thousand per ton.

An example of strong demand is December, in which in the UK alone, one in four car sales were for electric vehicles. According to the London Metal Exchange, stocks of metal in warehouses have been decreasing for more than 50 days, while stocks in China have already dropped to 4.9 thousand tons.

The rise in the price of the metal provoked a decrease in the shares of Norilsk Nickel to 5%.