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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The LME events were a consequence of positions taken by Tsingshan based on expectations of falling prices. Batteries currently comprise about 7% of nickel demand, but this could increase to one-third of nickel consumption by 2040, which could create a disruptive supply chain environment for the US, according to the report.

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