If Russia invades Ukraine, it could send Nickel prices soaring...

If Russia invades Ukraine, it could send Nickel prices soaring given sanctions and other retaliation measures. Russia produces about 10% of the global Nickel supply.

https://www.google.com.au/amp/s/think.ing.com/amp/article/hold-what-a-conflict-between-russia-and-ukraine-could-mean-for-commodities/

“The potential impact in the metals space isn’t limited to aluminium. Russia is a sizeable producer of nickel, copper, palladium and platinum. Therefore, this could tighten up these markets significantly. Russia is the world's largest palladium producer, while it is also an important nickel producer, a market in which there are already concerns over tightness, given the strong demand dynamics.”