Midstream and downstream players of the nickel battery industry chain, such as Posco, BASF, and automakers Ford and Volkswagen, who are major players, have successively announced investments, and the nickel market is expected to shift back into supply deficit in 2027.
Despite government policies aimed at reducing carbon emissions across the battery supply chain, limited growth in sulphide resources and low prices for nickel intermediates are likely to make securing consumable supplies a priority for most consumers in the coming years.
