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17 Nov

Batteries to drive global nickel demand by 2032: Eramet

French miner Eramet expects demand for nickel to increase at 8% compound annual growth rate (CAGR) over 2023-2026, reaching 3.8 million tonnes in 2026. The increase in nickel production and demand will be supported by the stainless steel industry and from the strong growth for nickel for batteries. “By 2032 nickel demand for batteries is expected to surpass demand for stainless steel,” Eramet says in its strategic plan presentation for 2024-2026 obtai…
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