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Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel

Resilinc

And importantly, The EU’s new series of proposed targets and reforms, contained in its Green Deal Industrial Plan, aims to ensure that at least 40% of the EU’s low-carbon technologies will be made within its borders by 2030. For instance, Ford recently announced a significant investment in an Indonesian nickel factory set to open in 2026.

Alloy 58
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A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

It is forecasted that by 2026, demand will mainly be linked to the rise in clean energy technology, in particular for neodymium-iron-boron (NdFeB) magnets –– critical components for electric and hybrid vehicles as well as wind turbines. Get in touch here. Introduction. The demand for Rare Earth Elements (REEs) is increasing.