SMM Indonesia Nickel and Cobalt Industry Chain Conference: Evolution Trend of Nickel Structural Supply under Prosperous Development of NEV

Published: Jun 2, 2023 13:59

Source: SMM

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High-nickel content ternary would be the mainstream tech route globally.

The increase of high nickel proportion directly brings the increase of nickel demand.

SMM calculated the weighted nickel consumption per ton of precursors according to the proportion of different precursors multiplied with the average nickel consumption per ton.

Weighted nickel consumption of the Chinese precursor continues to increase. It will gradually increase from 0.4 in 2021 to nearly 0.5 Ni ton in 2025.

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SMM Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel & Cobalt Supply and Demand Prospect, Impact from NEV Development

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