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12 Oct
08:54

Nickel heading into deficit by 2026: Rystad

Electric vehicle manufacturers are poised to face a shortage of battery-grade nickel supply from 2024, potentially reaching a deficit of 560,000 tonnes by 2026, Kallanish learns from Rystad Energy. A new study by the Norwegian consultancy firm estimates that global nickel demand will rise from 2.5 million tonnes this year to 3.4mt in 2024, when production is expected at 3.2mt. The analysis considers existing mines, projects and development plans to date. Today,…
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