Indonesia and Canada are the world No. 1 and No. 6 nickel producers, respectively.

A notice released on Wednesday said the initial margin for nickel would climb to $6,100 a tonne effective after close of business on Friday.

Volkswagen AG’s ambitious push to supplant Tesla Inc. as the global electric-vehicle leader is running into trouble.

Company aims to increase its capacity to produce cathode battery materials and to broaden its range of products to meet rising demand from the EV sector.

Kurt Schlosser, former head of Tesla’s Australian operations, bought shares in Piedmont Lithium after becoming aware that Tesla had reached an agreement with the mining company.

This infographic highlights the five most expensive battery metals as of November 2022 using prices from Shanghai Metals Market.

According to the company, a “significant amount” of the net proceeds will be used for advancing work related to the planned exploration and development program.