Monday, April 15, 2019 5:19:04 AM
China has benefitted greatly from controlling about half of the world's lithium production. But nickel has been just as important as lithium, maybe even more so. Nickel sulfate powder is a critical ingredient in the cathode formulation for lithium-ion batteries. Analysts expect to see a boom in demand as EV sales continue to increase.
“The supply of nickel going forward is a big concern in everybody’s mind,” said Coco Liu, procurement director at BYD.
Analysts have warned that the market would be short of nickel if Chinese-led projects in Indonesia fail to deliver.
https://www.zerohedge.com/news/2019-04-14/its-stupid-german-professor-slams-berlin-battery-play
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