What is the Nickel Demand for New Energy?
2 Answers
With the increase in nickel metal content in new energy applications, the battery range will improve under the same conditions. Below is relevant information about new energy: 1. Concept: It refers to various forms of energy beyond traditional energy sources. These are energy sources that are just beginning to be developed and utilized or are under active research and awaiting promotion, such as solar energy, geothermal energy, wind energy, ocean energy, biomass energy, and nuclear fusion energy. 2. Characteristics: These energy sources are abundant and generally possess renewable characteristics, allowing for sustainable use by humanity. Currently, except for hydropower, the development and utilization costs of renewable energy are higher than those of fossil fuels.
Electric vehicle owners are currently most concerned about range, and high-nickel batteries are the secret weapon for extending it. The higher the proportion of nickel in ternary lithium batteries, the greater the energy density. My car uses an 811 battery (80% nickel), making it easy to travel 500 kilometers on a single charge. Global electric vehicle manufacturers are scrambling for nickel mines, with Indonesia supplying half of the global demand. Although research on sodium batteries as a potential replacement is underway, nickel will remain the heart of electric vehicle materials for the next five years. Automakers stockpiling nickel is akin to hoarding gold. Recently, Tesla signed another major nickel mining deal in Indonesia, and the price of battery-grade nickel powder has risen by 30% this year.
