Jessica Farrell, president of BHP Nickel West, said recently that nickel-rich chemical batteries will continue to dominate the global electric vehicle market, which is expected to exceed 400 million by 2030.
Nickel demand is expected to grow significantly in the future, with the electric vehicle industry likely to need around 26 million tonnes of copper and 15 million tonnes of nickel over a decade. To meet this growing demand, BHP has invested heavily in its nickel business. These include building a nickel and copper mine in Western Australia's Great Victoria Desert and restarting the furnaces at the Kalgoorlie nickel smelter.
