I was of the impression that NiMh uses more nickel than...

I was of the impression that NiMh uses more nickel than Lithium(-X)... (you don't even need Ni for Lithium-X).

And that they were competing 'formats'

And that NiMh were winning... but, as Lithium improves (or even Hydrogen becomes feasible) that is a risk to the Nickel industry that could drop demand...

That, it would be better for HRR holders if Lithium technology never improved...

Am I wrong?

http://www.metalprices.com/FreeSite/metals/nickelalloy/nickelalloy.asp
Has had a great last few days.

3 price rises.
3 inventory reductions
Good recent volume