Chinese Electric Vehicles: New Prospects for Nickel Batteries

Recent changes in the electric battery market in China have led to an increased interest in nickel elements. Over the past few months, nickel prices have significantly decreased, making the metal more accessible for battery manufacturers. This change has become a stimulus for Chinese companies that strive to expand electric vehicle production capacity and reduce production costs. Experts note that the use of nickel in batteries allows for higher energy density, which is crucial for increasing the range of electric vehicles.

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Conflict in Trading: Korean Company Foreland vs. Broker IG Asia Over Canceled Nickel Trades

A recent conflict between the Korean trading company Foreland and broker IG Asia has drawn attention from traders and analysts amid a sharp decline in nickel prices on London markets. This case is related to unsuccessful transactions concerning nickel trading in London, which were abruptly canceled, raising concerns and dissatisfaction among trading participants.

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