The recent decrease in lithium prices has further decreased the cost of lithium-iron-phosphate battery packs, supporting increased market share compared to the nickel-manganese-cobalt battery composition.
Nickel prices have sunk into the global production cost curve, allowing Indonesian producers to cement their market position. The island nation produced an estimated 40.2% of the world’s nickel in 2023.
Surprise front-runner Javier Milei has promised to lift trade barriers and overhaul the economy if elected, which could have major impacts on Argentina’s metals, oil, gas and agriculture sectors.
Voters signal historic shift in favor of market oriented policies Top candidates eye higher exports of key commodities Market reforms, infrastructure could boost crude oil, gas production Argentina’s
A United Nations body will decide whether to approve deep-sea mining for battery minerals by July 2023, following a two-year regulatory development process.