This is just the Chinese doing what they do jawboning the market down, thats all, to get cheaper nickel, I have seen it in iron and other raw materials time and time again, but they can't hold against the grain indefinitely.
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- Nickel and cobalt consumption in batteries increased 69% and 85% respectively in 2020
Nickel and cobalt consumption in batteries increased 69% and 85% respectively in 2020, page-20
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