August 16, 2017

Battery sector demand is the most intriguing long-term growth story

(16 August 2017)

Russia’s nickel giant Norilsk remains generally positive on the outlook for the metal, based on what it sees as continuing uncertainties around supply and a long-term picture of strengthening demand. In 1H2017, nickel consumption in batteries increased very strongly, mostly driven by a 38% growth of electric and hybrid vehicles production coupled with the shift towards more nickel-intensive composition of the cathode materials.

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