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. As a crucial raw material in Li-ion batteries used to electrify vehicles, a significant volume of nickel sulfate will be required in the decade ahead from the booming automotive sector.