#Nickel the latest metal to feel the #ElectricVehicle buzz
First it was #Lithium. Then it was #Cobalt. And now it is #Nickel’s turn in the #ElectricVehicle spotlight.
Nickel is just as important as the other two metals in manufacturing the batteries that will power the green technology revolution.
It is used in both currently dominant lithium battery configurations, nickel-cobalt-manganese and nickel-cobalt-aluminium.
The International Nickel Study Group (INSG) is forecasting supply will fall short of demand again next year, meaning three consecutive years of deficit to the cumulative tune of almost 200,000 tonnes.