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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 report notes that on 8 March 2022, the London Metals Exchange (LME) abruptly halted trading in nickel, which had reached $100,000 per tonne. This surge occurred mostly in China, driven by steel manufacturing. The LME events were a consequence of positions taken by Tsingshan based on expectations of falling prices.

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We Need More Than Just Electric Vehicles

Cars That Think

Each stage in production matters—mining, refining, and producing the raw materials, manufacturing the components, and finally assembling them into cells and battery packs. The manufacture of lithium batteries for EVs, like those shown here, is energy intensive, as is the mining and refining of the raw materials. AFP/Getty Images.