Nickel

Musk says nickel is `biggest concern` for EV batteries

Musk says nickel is `biggest concern` for EV batteries
Mining News Pro - Elon Musk has had it with nickel.
  Zoom:

Musk has previously pleaded with miners to produce more nickel. Supplies will be tight for the next three years, and there could be a significant deficit as early as 2023 as demand picks up, according to BloombergNEF analyst Allan Ray Restauro.

Nickel is a key component in lithium-ion batteries, used in electric vehicles. It packs more energy into batteries and allows producers to reduce use of cobalt, which is more expensive and has a less transparent supply chain.

The metal has rallied 16% this year on the London Metal Exchange amid a broad-based rally in commodities, with investors betting on strong demand growth as economies reopen.


   Short Link:  
Related News
setiya hotel
chadormalu Co.
khuzestan steel
IranAluminaJaajarm
sangan steel
sabasteel
MME/PERED