Peru's new socialist government swept to power pledging to strike a new deal with the copper mining sector to redistribute profits to Andean communities.
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.
Coal prices soared to their highest on record as China accelerated a global struggle for resources that has brought the dirtiest fossil fuel roaring back.
The push for de-carbonization is the primary driver for the battery mega-factory boom. All of these factories need nickel and cobalt for their products, but mostly they need nickel.