New Caledonia holds a quarter of the world's nickel reserves.
Industry & EmploymentOceania
- Omissions
- The commonly quoted 'quarter of the world's nickel' figure refers to RESOURCES (geological endowment, including uneconomic or unexploited deposits), not to RESERVES (economically extractable deposits).
- The same French-language sources that cite the 25% figure explicitly add that New Caledonia holds only about 9% of global reserves — and USGS-based data put the reserve share even lower, at roughly 5-6%.
- USGS notes New Caledonian nickel mine output fell by an estimated 52% in 2024 owing to unrest and low prices, a relevant context for the territory's actual weight in the nickel market (about 3.1% of world mine production).
- Automatic source check: 1 primary source(s) with unreachable URL(s) were discarded (https://www.mineralinfo.fr/sites/default/files/2025-06/Fiche_Ni_2024_publique_TA.pdf); the verdict stands on the remaining evidence.