Nickel and the Clean Technology Revolution!
Release time：
2025-03-13
The electric vehicle revolution is fully underway, with almost one in every four new cars being plug-in by 2024. The core element of this revolution is the battery, and the key to these batteries lies in several metals. Therefore, the most crucial challenge is how to obtain more of these metals at a sufficiently low cost and where to obtain them. A domestic company, Alaska Energy Metals Corporation (AEMC), has stated that it is at the forefront of obtaining these critical metals for the United States. In addition to the electric vehicle sector, the company is also focused on ensuring the necessary metals for the ongoing transition to renewable energy. From nickel to copper and then to cobalt, AEMC focuses on strategic exploration and development projects that should accelerate the transition to clean technology while enhancing America's energy independence.
The electric vehicle (EV) market is rapidly reshaping the global automotive industry landscape, both in major and smaller markets. Governments around the world - in Asia, Europe, Africa, South America, and North America - are striving to phase out fossil fuel powered internal combustion engines as soon as possible, and the application of electric vehicles is increasing year by year.
It is expected that global electric vehicle sales will exceed 20 million units by 2025. By 2030, it is expected that over half of new car sales will be plug-in vehicles (or even pure electric vehicles), and this may happen even earlier.
Imagine how much the supply and demand of lithium-ion batteries have increased in the past decade. The market size has become so large that it is almost unrecognizable. In another 10 years, the scale will be astonishing, and the level of mining and refining of key materials such as lithium, cobalt, platinum, and nickel will be incredible.
Nickel is playing a key role in improving battery performance, as nickel rich chemicals such as nickel manganese cobalt (NMC) and nickel cobalt aluminum (NCA) can increase energy density, allowing electric vehicles to travel longer distances on a single charge of the same size battery pack.
In addition, in addition to electric vehicles, the application of renewable energy sources such as solar and wind energy is also rapidly increasing, leading to a significant increase in demand for battery energy storage systems to better integrate these energy sources into the grid. Therefore, the demand for batteries and minerals used in batteries is increasing day by day.
KingZu (Lanzhou) Fine Chemical Co., Ltd
KingZu (Lanzhou) Fine Chemical Co., Ltd. is a special extractant production base and new product R&D center of Tianjin KingZu Technology Co., Ltd. It is a scientific and technological enterprise specializing in the research and development, production and sales of mining extraction agents.
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