Australia’s Nickel Industry Ready to Feed Growing Global EV Market

Nickel prices have been trading with volatility in the past years, but the attention given to this metal key in electric vehicle batteries has been growing exponentially.

Demand from the electric vehicle segment is expected to continue to increase in coming years, although stainless steel remains the top market for nickel.

Despite the coronavirus pandemic, activity in the Australian nickel industry has continued unabated over the last 18 months, Angela Durrant of Wood Mackenzie told the Investing News Network.

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Activity in the Australian nickel industry has continued unabated over the last 18 months, said Angela Durrant of Wood Mackenzie.

Beyond Mining: Building Australia’s Processing Capacity for EV Raw Materials

Electric vehicle (EV) sales and forecasts for the coming decade continue to be reviewed to the upside, leaving little room for doubt that demand for the key raw materials used in EV batteries will increase.

Announcements and commitments from governments and carmakers have led to many raising a question that has been at the center of debates in the industry for years — where will all this supply come from?

Australia is in a privileged position when it comes to resources needed for the electrification of the world, with lithium, rare earths and cobalt found in abundance in the country. But it is not just about mining the right metals, to be used in EV batteries — these materials need to be processed to the right standards.

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Read on to learn more about Australia's processing capacity for key metals such as lithium, rare earths and cobalt.

Australia’s Electric Vehicle Raw Materials Landscape

With plenty of natural resources and a key geographical location, there's little doubt Australia will play an important role in the global transition to green energy.

The country is a top producer of key raw materials needed for electrification, from lithium to rare earths.

Here the Investing News Network (INN) explores Australia's electric vehicle (EV) raw materials landscape and what could be ahead for the country in a space that keeps evolving at a rapid pace.

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INN explores Australia's electric vehicle raw materials landscape and what could be ahead for the country.

Top Battery Metals Stocks on the ASX

As demand for the lithium-ion batteries used to power electric vehicles increases, so too will the need for key battery metals such as lithium, cobalt and graphite, and up-and-comer nickel.

The green energy transition has taken over news headlines around the world, as governments and automakers look for ways to strengthen supply chains for raw materials.

For investors interested in jumping into the battery metals space, here's a list of the top battery metals stocks on the ASX by market cap. All data was obtained using TradingView's stock screener on August 24, 2021.

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Lithium, cobalt, graphite and nickel continue to attract global attention. Here's a list of the top battery metals stocks on the ASX by market cap.

How to Play the Battery Metals Market in Australia Today

Australia's role in the global green energy transition is crucial. The country has key resources needed to feed growing demand for critical minerals and has strategic partnerships along the supply chain.

When it comes to battery metals, ASX-listed companies have seen their share prices surge in the past year and have been able to move forward with projects by raising more cash than many analysts anticipated.

With current and future prospects looking positive for the land down under, the Investing News Network (INN) asked experts about how to play the battery metals market in Australia today.

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INN spoke to experts to find out how to play the battery metals market in Australia today. Here's what they had to say.

Australia Mining Update: H1 2021 in Review

Click here to read the previous Australia mining update.

After an uncertain 2020 for the Australian mining industry, the resource market showed signs of a sharp recovery in the first six months of the new year.

Prices for iron ore are supporting resource exports in the country, with many ASX-listed mining companies also posting gains year-to-date.

Here the Investing News Network looks at what's happened in Australia's mining sector so far in 2021, and what could be ahead in the second half.

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The Investing News Network looks at what's happened in Australia's mining market so far in 2021, and what could be ahead in the second half of the year.

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