Analyst: Nickel Is The Next Big Energy Metal (JJN)

Analyst: Nickel Is The Next Big Energy Metal (JJN)

He feels that electric vehicles will be a game changer for the market. Electric vehicles and battery demand will drive the need for the metal. The typical electric car requires over 35kg of nickel. This amount is likely to increase as cathode battery makers migrate toward higher energy densities. The more you can put into a battery pack the better the performance. The entire market consumes two million tons per year which is a significant metal market. There are two grades of nickel class one and class two. Half of current mine supply is of the higher quality class […]