Nickel crisis in New Caledonia: rescue or financial abyss?29 November 2023 – The nickel industry in New Caledonia, one of the countries with the world’s largest nickel reserves, is once again on the brink of financial collapse. There is a shortfall of at least 1.5 billion euros and the owners have already rejected further investments. And real estate prices in the United States continue to skyrocket due to the extreme shortage of availability. Source