#SHANGHAI (#Reuters): #Nickel shortage in view unless #China-led projects in #Indonesia succeed: analysts

Posted on April 11, 2019 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

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SHANGHAI (Reuters) – The global nickel market and its key growth sector, electric vehicle (EV) batteries, will face grave supply shortages unless key Chinese-led projects in Indonesia start up in a timely and cost-effective manner, analysts said.

“The real issue is how quickly the Chinese investors and technology can deliver these projects to the market,” Jim Lennon, senior commodities consultant at Macquarie, told the Fastmarkets Battery Materials conference in Shanghai.