The country has resources of nickel, cobalt, molybdenum and heavy REEs, but further exploration would be required to evaluate the quantities of their reserves Cobalt, copper, lithium, nickel, and rare earth elements (REEs) are critical for producing electric vehicles and batteries and harnessing solar power and wind energy. “While the demand for critical minerals is […]
OPINION: Nickel surplus looms as electric vehicle buzz fades, says Andy Home
However, the reality is that the recent rally is much more about that most traditional of price drivers, namely the supply of nickel ore to China’s giant stainless steel sector LONDON : The London Metal Exchange (LME) nickel price last week touched a year-to-date high of $16,135 per tonne. Nickel bulls would love to believe […]
Volkswagen to start using high-nickel batteries for electric car
Volkswagen’s current electric car battery cell contains 65 per cent nickel, 15 per cent cobalt and 20 per cent manganese FRANKFURT: Volkswagen will raise the amount of nickel used in it electric car battery cells to 80 per cent in the next year from 65 per cent at present, Frank Blome, head of battery cells […]
