Trending Assets
Top investors this month
Trending Assets
Top investors this month
Battery Metals Required?
Post media

Post media

Hyundai Motor Group said on Friday it plans to invest about $5.54 billion to build its first dedicated full electric vehicle (EV) and battery manufacturing facilities in the United States.

In its baseline outlook, Roskill forecast demand to continue to grow to more than 900,000t Ni by 2029, boosted "not merely by rising adoption rates of EVs, but also by increased vehicle range (and battery size), and the increased intensity of use of nickel among various competing battery chemistries, growth in nickel sulphate demand is set to outpace that of most other battery raw materials". https://www.mining-journal.com/research/news/1364769/nickel-sulphate-demand-to-exceed-900-000t-by-2029

Lithium spodumene/brine & Nickel Sulphate are keys to EV production.
Tickers for your watchlist:
$AN.V $FL.V $BRW.V $PMET.CN
$SPC.V $HZM.TO $CRI.V
DYODD :)
www.mining-journal.com
Nickel sulphate demand to exceed 900,000t by 2029
The importance of nickel sulphate in the chemistry of cathode active materials for use in batteries of electric vehicles has more than tripled production in the past eight years, with demand expected to grow exponentially in the next decade.

Jennifer's avatar
$15.7MFollowers
Related
Already have an account?