CHARTS: EV battery metals bill sets new low as lithium, nickel, cobalt price slump continues
The raw materials bill for the average EV is now down to $510 compared to a peak of more than $1,900 at the beginning of last year.
Clive Palmer could walk away from the administration linked to his Queensland Nickel refinery without losing the assets and leave creditors out in the cold.
It has been widely observed that Mr Palmer’s Queensland nickel refinery fell into the hands of administrators last week. But it did not.
Instead, a shell company with no material physical assets called Queensland Nickel Pty Ltd was put into voluntary administration, with FTI Consulting appointed to the job on Monday last week, shortly after 237 workers at the refinery services were laid off.
