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15 Mar
17:26

NICKEL: Tsingshan to drive surplus in battery-grade nickel sulphate in Q4

Supply and demand fundamentals in the global nickel market are set to balance this year, but a battery-grade nickel sulphate surplus is forecast in the fourth quarter, Kallanish learns. According to Horizon Insights, nickel sulphate - used in electric vehicles batteries - could be at an excess in the coming years as more capacity become operational. “This comes as 512,000 tonnes/year of new nickel intermediary products’ capacities are coming online fr…
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