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.

Once one of the world's most powerful oil traders, Alex Beard is now raising money to build a portfolio of strategic battery sites across the UK.

Unlike lithium-ion batteries, iron flow batteries are really cheap to manufacture.

CPM Group managing partner says the companies that need to find resources and develop mines today for production at the projected height of the battery metals demand from 2030 onwards are falling behind.

Global lithium production more than doubled in the last four years.