![New Caledonia’s nickel industry in turmoil (1/1)](https://www.euractiv.com/wp-content/uploads/sites/2/2023/08/shutterstock_656112175-450x300.jpg)
While the violence continues in New Caledonia, the archipelago is in a precarious economic situation, plagued for months by falling nickel prices, of which it holds 20% to 30% of the world's reserves.
While the violence continues in New Caledonia, the archipelago is in a precarious economic situation, plagued for months by falling nickel prices, of which it holds 20% to 30% of the world's reserves.