22 February 2024, Australia: Today, CRU, the global commodities experts, announces that it has appointed industry veteran Angela Durrant as Principal Base Metals Analyst into their Sydney office.
Angela, a CRU alumna, has over 20 years of experience in the field and will be leading the Nickel Asset Service. With a global remit extending across the entire nickel value chain, Angela will also be a key contributor to CRU’s newly released Battery Value Chain service.
Amidst the current oversupply of nickel and resultant price crash, producers are battling to manage the twin pressures of plummeting prices and spiralling costs in order to remain commercially viable. In her new role, Angela will be a crucial adviser to CRU clients as they navigate this immediate challenge as well as those that will arise from mid- to long-term structural market oversupply.
Angela previously worked for CRU in London until 2007, before relocating back to Sydney and taking up a role at Wood Mackenzie, where she held the position of Senior Research Manager, Nickel Industry Costs.
Simon Morris, Head of Base & Battery Metals at CRU, comments:
I am delighted to welcome Angela back to CRU. Having spent over two decades working in the nickel industry, and over ten years in Australia, she brings with her a deep knowledge of the region’s nickel market and emerging global demand drivers, such as the battery industry. As nickel faces unprecedented levels of oversupply, it has never been more important for CRU to be there to support our clients with the highest quality data, analytical insight and personal engagement. I can’t think of a better person than Angela to deliver this!
Angela Durrant, Principal Nickel Analyst, Base Metals says:
I am thrilled to be returning to CRU at such an interesting time for the nickel market. CRU’s nickel cost service is industry-leading and in my role, I am dedicated to ensuring widespread client access to the necessary insights and information to make informed decisions. In what is an evolving market, having access to the right information is crucial for success.