28
May
00:01
Global nickel demand to nearly double by 2050: IEA
The global nickel demand is expected to nearly double by 2050, primarily driven by the increased momentum in the deployment of electric vehicle batteries, according to the International Energy Agency (IEA).
However, at the moment, supply is outpacing demand and pressuring prices, which last year alone fell over 40%. In its new report titled Global Critical Minerals Outlook 2024, the IEA says that several factors contributed to the downturn in the nickel market. Th…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous