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UCSD Jacobs School of Engineering
The company said in a statement that "the energy transition is expected to cause the demand for nickel to expand quickly this decade." The new prediction makes use of an annual worldwide demand assumption of 6.2 million tons.
According to the corporation, its own output should increase from the up to 190,000 tonnes anticipated in 2022 to 230,000 to 245,000 tonnes of nickel annually in the longer term.
The company's primary sources of supply growth for nickel should be Australia, Indonesia, and Canada.
By 2030, there will be a 20% increase in global demand for copper, which is also utilized in automobile batteries and renewable energy systems.
The business anticipates producing between 390,000 and 420,000 tons of copper a year, with a maximum of 285,000 tons expected in 2022.
source: reuters.com
According to the corporation, its own output should increase from the up to 190,000 tonnes anticipated in 2022 to 230,000 to 245,000 tonnes of nickel annually in the longer term.
The company's primary sources of supply growth for nickel should be Australia, Indonesia, and Canada.
By 2030, there will be a 20% increase in global demand for copper, which is also utilized in automobile batteries and renewable energy systems.
The business anticipates producing between 390,000 and 420,000 tons of copper a year, with a maximum of 285,000 tons expected in 2022.
source: reuters.com
