RE:A couple of relevant articlesThanks for the articles 6t3manx. Some interesting points. Nickel is still the dominant battery metal needed. China's nickel will get shunned by North American/European green standards.
Puts CNC is prime positioning as Putin's insanity will upend the metals markets shortages for a long time to come IMHO.
"But 54% of the battery capacity deployed last year used high-nickel-content cathode chemistry, according to Adamas Intelligence. Low-nickel chemistry accounted for 26% and no-nickel products just 20%." "Indonesian nickel comes with a high carbon footprint due to the energy-intensive process route and the fact that coal is a core component of the country’s energy mix.
Moreover, there is increased scrutiny of nickel mining’s broader environmental and social impacts in Indonesia.
Tesla has signed off-take agreements with BHP Group for Australian nickel, Trafigura for New Caledonian nickel and Talon Metals for domestic U.S.-mined metal.
That says much about where the green pioneer thinks it can get green metal.
If other car manufacturers come to the same conclusion, the impact of Indonesia’s supply surge may be much diminished outside of China."