Roskill: Nickel sulfate to be the key growth area of nickel demand over the next decade; driven by EVs
Green Car Congress
JUNE 2, 2020
A couple of years ago, the market for nickel sulfate was largely driven by the plating industry and non-Li-ion battery applications such as NiMH and NiCd batteries with stagnated y-o-y growth. Over the next decade, Roskill forecasts an explosive growth rate for the consumption of nickel in batteries (mostly in the form of nickel sulfate).
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