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And excellent article below about the developing Green Nickel...

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    And excellent article below about the developing Green Nickel market.
    In Search of Green Nickel

    Some paras that caught my eye:

    Benchmark Mineral Intelligence (BMI), which specialises in battery metals research and has just launched green price assessments, estimates less than a third of global nickel production comes from operators committed to ESG transparency.

    The LME has partnered with German digital trading company Metalshub to offer a low-carbon nickel option on its platform. After registering just four tons of low-carbon transactions in the prior three months, volumes jumped to 144 tons out of a total 1,847 tons transacted in May. The idea is that if volumes build, it would facilitate the generation of a low-carbon nickel price index, which could ultimately be the basis of a futures contract. But it will take time, which is one thing Western nickel producers do not have.

    Car-makers should take note because if they are ultimately sourcing the nickel in their batteries from Indonesia, they risk reputational damage and being unprepared for government regulation. In 2027, the EU Battery Passport, opens new tab is coming. It will require detailed information on carbon footprint, environmental impact and full supply-chain transparency of inputs such as cobalt and nickel all the way back to the mine-site.No passport, no entry to the European Union.


    Last edited by Solarbat: 25/07/24
 
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