Iron ore’s whitenuckle descent took a chunk out of the MINING.COM TOP 50 ranking of the world’s most valuable miners amid a continuing rally in uranium, coal and lithium prices.
Fitch expects the NMC chemistry to remain dominant, owing to the superior energy density of high-nickel variations, which improve vehicle range and charging speeds.
In 1977 Jacques David began his career in the battery recycling business and quickly became a pioneer in recovering nickel, cobalt and cadmium from Ni-Cd batteries.
Large players will likely benefit, Fitch says, from being able to rely on stronger investment capacity, while junior miners may struggle to adapt to the low carbon economy.