Moscow has been trying to protect its defense and construction industries from further growth in raw materials costs as metals prices rise at a global level.
The project will help cut carbon emissions by 12% compared with 2020 levels at its Mt. Keith and Leinster nickel operations, where power is currently being generated through diesel and gas turbines.
Battery packs combining sodium-ion and lithium-ion cells could point towards compromise in performance for low-cost EVs, with the potential to disrupt the mass market, WoodMac says.
