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European Nickel One2One Investor Presentation 8 April 10

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NICKEL CONSUMPTION<br />

Global <strong>Nickel</strong> Consumption<br />

Trends<br />

CIS and<br />

Eastern<br />

Europe<br />

3%<br />

ROW<br />

5%<br />

Other Asia<br />

13%<br />

USA<br />

9%<br />

Western<br />

Europe<br />

23%<br />

• Annually the world consumes some<br />

1.25 million tonnes of nickel<br />

• This year (20<strong>10</strong>), world consumption of<br />

nickel is expected to rise by 12% led<br />

inevitably by China<br />

China<br />

36%<br />

Japan<br />

11%<br />

• By 2015 global annual nickel demand<br />

is expected to reach over 1.7Mt<br />

Source: CRU<br />

20

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