Interesting read, thanks for sharing.
Very real threat to the EV nickel demand crunch all those including myself were hoping to capitalise on.
Crunch is still possible if environmental resistance and ‘green’ nickel demand is great enough and not managed to be offset by credits.
Extract from your Bloomberg article
‘Nickel is already one of the most carbon-intensive metals to produce. Now Tsingshan has come up with a way of using a type of low-grade ferronickel called nickel pig iron in its plants in Indonesia to produce metal suitable for batteries, offsetting the carbon intensity with renewable energy.’
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Interesting read, thanks for sharing.Very real threat to the EV...
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