#Vale sees #Nickel opportunity in #ElectricVehicle growth

Image result for electric vehicle growth & Nickel

Speaking at a press briefing at the #NewYork Stock Exchange, Murilo Ferreira of #Vale made a bold prediction that half of the cars in the Group of Seven industrialized democracies — the #US, #Canada, #France, #Germany, #Italy and the #UK — would be #ElectricVehicles within five years.

He said Vale’s #Nickel assets would be well-placed to supply the battery makers building batteries for electric vehicles, which required nickel purity of 99.9%, with the #Canadian assets supplying #NorthAmerica and #NewCaledonia supplying #Asia.

Read more at: http://www.platts.com/latest-news/metals/newyork/vale-sees-nickel-opportunity-in-electric-vehicle-21198072

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s