Home / Metal News / Glencore: Higher-Than-Expected E-Vehicle Demand Boosts Cu, Li, Ni and Mn Demand

Glencore: Higher-Than-Expected E-Vehicle Demand Boosts Cu, Li, Ni and Mn Demand

iconMay 18, 2017 14:18
Source:SMM
Glencore CEO Ivan Glasenberg said that E-vehicle development is coming faster than expected, boosting demand for copper, nickel, lithium and manganese.

SHANGHAI, May 18 (SMM) – Glencore CEO Ivan Glasenberg said that E-vehicle development is coming faster than expected, boosting demand for copper, nickel, lithium and manganese, and battery producers has become the crucial link in E-vehicle supply chain, reported by etnet.com. 

Ivan sees potential for commodity demand throughout the year, indicating that there is a small possibility for prices on stock market to plunge again after its weak performance in 2015, due largely to rising demand and private investment.

Moreover, manufacturing data from countries were positive, with that from Europe registering a 6-year high.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

E-vehicle
metal demand
copper
nickel
lithium
manganese

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All