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01 Mar
17:33

NICKEL, LITHIUM: Battery industry to see limited direct sanctions impact, says Rystad

The global battery supply chain is likely to see limited direct impact of the Western sanctions on the Russian nickel supply, a Rystad analyst said on Tuesday. That’s because despite Russian nickel exports accounting for around 7% of global exports, most of it is used by the steel industry, says Echo Ma. Disconnecting Russia from the Western financial system is expected to disrupt some Russian commodities including nickel and cobalt, which in turn could be …
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