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.
Diversified miner South32 Ltd reported a 17.4% rise in coking coal output in the fourth quarter on Thursday, helped by strong production at its Illawarra project.
Production of the steel-making ingredient, known as metallurgical or coking coal, came in at 1.3 million tonnes in the June quarter, compared with 1.1 million tonnes a year earlier.
The output beat a UBS estimate of 1.2 million tonnes.
(By Devika Syamnath; Editing by Anil D’Silva)
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