This issue explores the crucial role carbon pricing must play in bridging the green hydrogen cost gap and making the hydrogen economy become a reality. The Kallanish Power Materials team also discusses the future of the nickel market – which continues to hinge on Indonesia and its potential supply cuts – and analyses the initial effects of Trump’s first week in office.

Our company spotlight this week is on Element 25, an Australian miner working to capitalise on the US’ previous push for transport electrification. The firm plans to refine Western Australian manganese ore in the US to supply GM, Stellantis and other players in the domestic battery supply chain. In addition to the important news recap, make sure you check China’s final battery materials trade data for 2024.