Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study
Green Car Congress
APRIL 21, 2022
Nickel is critical to battery-powered vehicles; nickel sulfate is a key ingredient in cathode precursors for the lithium-ion batteries they use. The LME events were a consequence of positions taken by Tsingshan based on expectations of falling prices. This surge occurred mostly in China, driven by steel manufacturing.
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