EV News
Displaying 41 to 50 of 331
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12 Apr 2021
BHP to ride EV, green power revolution as copper, nickel demand set to soar
[SMH AU]: BHP, (Australia's) largest miner, expects demand for copper to double and nickel to quadruple by 2050 as faster rollouts of electric cars, solar panels and wind farms use up more of the metals.
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12 Apr 2021
Nickel price falls as China warns on raw material prices
The nickel price’s attempt at a comeback from the Tsingshan-induced slump was knocked back...after successive warnings from China’s top politicians about raw material prices hurt sentiment across industrial metals markets.
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12 Apr 2021
Panasonic sees bigger cells as key to affordable EVs but is skeptical of Tesla format change
[Greencarreports.com] In the interview, Takamoto said larger cells would enable truly affordable EVs because fewer would be needed to power a car, saving on manufacturing costs. However, he still seemed somewhat skeptical of the larger format.
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11 Apr 2021
China's CNGR, Singapore partner to make nickel matte in Indonesia as battery demand grows
[Business Times SG]: Chinese battery material maker CNGR Advanced Material Co said on Thursday it would set up a joint venture in Indonesia to produce nickel matte, used to make chemicals for electric car batteries, with a Singapore-based partner.
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09 Apr 2021
Nickel price forecast for 2021
[Capital.com] These figures may suggest nickel is a fair long-term bet, given the 2030 price is significantly higher than nickel’s price per tonne today...these figures take no account of inflation...
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09 Apr 2021
Nickel off its highs – but why?
[Core Consultants UK]: What this means is that the market fundamentals...had become so detached as participants had faith in the long term outlook for nickel. Nickel’s use in (EV) batteries, compounded by concerns over near-term supply shortages for battery-grade nickel products...saw prices move up strongly despite a surplus market.
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07 Apr 2021
Indonesian nickel smelter secures US$625 million financing
[Asset HK]: DBS and BNP Paribas lead a US$625 million project financing for...a joint venture between Indonesia's Harita Group and Chinese mining company Ningbo Lygend. The Lygend plant is one of several Chinese-backed HPAL projects for processing nickel ore in Indonesia...
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05 Apr 2021
Tesla's market value set to gain $50 billion on record EV deliveries
[Reuters] Tesla Inc was set to add about $50 billion to its market value as the electric car-maker’s shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts...At least three brokerages raised their price targets on Tesla’s stock.
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01 Apr 2021
Indonesia plays hardball with its nickel
[James Guild, RSIS] Indonesia wants to take a central position in the value-added links in the EV supply chain — from mining the ore, to refining it, to manufacturing the batteries and eventually to building the cars. And because Indonesia controls the raw input, it turns out it has a lot of leverage.
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31 Mar 2021
Vale sells New Caledonia nickel assets to Trafigura
[Mining.com] Vale (Brazilian Miner) has concluded the sale of its nickel and cobalt operations in New Caledonia, a French territory in the Pacific, to a consortium called Prony, which includes commodity trader Trafigura....(they) had been on the hunt for a buyer for over a year...nickel is one of their main sources of wealth.