ENERGY MINERALS

Nickel's ESG face off

Nickel sulphate production for use in lithium-ion batteries will become even more concentrated in Indonesia and China despite the Western world’s increasing uneasiness about its growing dependency on these sources, Olivier Masson, principal analyst of battery raw materials at Fastmarkets told delegates at the 15th Lithium Supply and Battery Raw Materials conference in Henderson, Nevada, US on Tuesday.

Paul Harris in Henderson, Nevada, USA
 Fastmarket's Olivier Masson speaking at the 15th Lithium Supply and Battery Raw Materials conference in Henderson, Nevada, USA

Fastmarket's Olivier Masson speaking at the 15th Lithium Supply and Battery Raw Materials conference in Henderson, Nevada, USA

Masson said the battery sector will grow to challenge stainless steel as the dominant nickel end-use market, growing from a 12% market share in 2022 to 41% by 2033 even though it requires "the least produced...

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