EV News
Displaying 11 to 20 of 331
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09 Jun 2021
Metals Market Magazine: The many forces driving nickel price volatility
(Read more)[MetalMktMagazine/Fastmarkets] Bullish sentiment about nickel demand, particularly for electric vehicles...has driven prices higher. But continuing uncertainties about the future timing and extent of nickel demand and supply growth have created a volatile market, reports GDL Morris...
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09 Jun 2021
White House - Current administration lists nickel/copper as minerals key in supply-chain
(Read more)[White House - US GOV] In a June 8 statement, the WH announced: "The government, working with private sector and non-governmental stakeholders, should encourage the development and adoption of comprehensive sustainability standards for essential minerals, such as lithium, cobalt, nickel..."
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02 Jun 2021
Fitch Solutions Upgrades Nickel Price Forecast on Long Term Uptrend
(Read more)The nickel price will remain on a gradual uptrend in the long term as the global market remains in deficit, prompting Fitch Solutions to upgrade its long-term nickel price outlook from $15,750 per tonne to $16,500 per tonne for 2021.
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02 Jun 2021
Indonesia On Track To Dominate The Supply Of Nickel To Make Batteries
(Read more)[Forbes] The pace of growth in the Indonesia nickel sector can best be measured by an investment bank (Macquarie) forecast that the country could lift its share of worldwide nickel production from 28% to 60% inside the next eight years.
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28 May 2021
Indonesia has a long way to go to produce nickel sustainably
(Read more)[Ian Morse/China Dialogue UK] Indonesia’s bid to develop its nickel sector in the global push to spread EVs comes on the heels of last year’s new Minerals Law and the highly controversial Omnibus Law on Job Creation. Researchers say these regulatory changes present environmental, social and governance (ESG) risks.
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24 May 2021
China's Huayou invests in $2.1 bln Indonesia nickel project
[Reuters] China's Zhejiang Huayou Cobalt Co said on Monday it would partner electric vehicle battery maker EVE Energy and others in a $2.08 billion nickel and cobalt project in Indonesia...the other partners are Yongrui Holdings (subsidiary of Tsingshan) - (31%), Glaucous International Pte Ltd - (30%), and Lindo Investment Pte Ltd - (2%).
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22 May 2021
Global Mining Symposium: Demand for nickel in EV batteries could lead to supply shortage in the next couple of years
(Read more)[N.Mining/McKinsey (K.Hoffman)] - The current bottleneck on EV production is limiting demand for nickel, Hoffman said. Once this bottleneck is alleviated, there will be increased pressure on nickel supply chains, which could lead to shortages within the next couple of years.
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20 May 2021
LG Chem to Supply 90%-Nickel NCMA Cathode Materials to Tesla (from July)
(Read more)[Business Korea] LG Energy Solution originally planned to use (Korea-based) L&F's NCMA cathode materials for the Model Y and LC Chem's(sic) NCMA cathode materials for GM's pickup truck (Hammer). However, it changed the plan as LG Chem has successfully developed NCMA cathode materials that have the same nickel content...
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17 May 2021
UK battery industry to grow rapidly until 2040
(Read more)[Argus Media UK] The UK battery industry is expected to grow rapidly because of the EV boom, with experts predicting demand for up to seven gigaplants by 2040...This would mean developing supply chains for cobalt, lithium and nickel chemicals...
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17 May 2021
Calls for the UK to capitalise on the opportunity for EV battery gigafactories
(Read more)[Business Live UK] In some ways the project seems like a no-brainer for the Government: a job creation scheme in a future-facing green industry, with the added bonus of being on the edge of a former ‘Red Wall’ constituency it won in the 2019 General Election.