30
Nov
12:18
LITHIUM, COBALT, NICKEL: Battery metals market to hit $20.5 billion by 2027
The global battery metals industry will nearly double in value from 2019 to 2027, according to a research note by Allied Market Research.
The battery metals market - encompassing lithium, cobalt, nickel, and other associated metals - was worth $11.3 billion in 2019, Allied Market Research said in the note.
By 2027, that figure is expected to hit $20.5 billion, a CAGR of 8.2% from 2020-2027, Kallanish understands.
“Increase in demand for smartph…
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