Investors hoping for explosive nickel demand growth, in tandem with the electric vehicle (EV) revolution, could well be disappointed as any increase is seen as unlikely to change a market dominated by stainless steel producers. Some watching the frenzy of interest in battery materials such as lithium and cobalt say nickel is due its turn in the spotlight given its use in batteries to power EVs, seen as a way of reducing air pollution and meeting emissions targets.
Source: www.engineeringnews.co.za
Electric vehicles won’t depose stainless in nickel demand dynamics
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