BHP's Escondida, the world's largest copper mine, saw production drop 14% year-on-year.

The impact of the measure on production is still under evaluation.

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.

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.

Of Yamana’s five operating mines, three are generational: Canadian Malartic, Jacobina and El Penon.

Some alleviation of global supply-chain stresses is set to come in the unlikely form of China's power crunch.