Nickel’s Critical Role in Stainless Steel and EV Batteries
From agmetalminer.com
Nickel plays a vital role in producing stainless steel and powering electric vehicle batteries. In recent years, the metal’s close ties to the burgeoning electric vehicle market have helped push it into the global spotlight. However, rapid shifts in demand, supply and pricing have created both challenges and opportunities in the nickel sector, depending on where you sit along the supply chain. Nickel is such a huge component of the electric vehicle market because it boosts EV battery energy density. This helps to improve vehicle range, which is an essential feature for a world shifting from fossil fuels to cleaner ...
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