#Vale sees #Nickel opportunity in #ElectricVehicle growth
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
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