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By Shane Lasley
Metal Tech News 

Evolving EV market shifts mineral demand

Metal Tech News - March 13, 2023


Last updated 6/8/2023 at 11:10am

Tesla's massive expanded Gigafactory in Nevada.

Tesla Inc.

Tesla's expanded Gigafactory Nevada is one of the many new battery plants driving growing demand for battery materials.

Less nickel, cobalt, and manganese in LFP cells offset by larger batteries in electric vehicles.

A global rise of lithium ferro-phosphate (LFP) batteries for electric vehicles has provided a lower-cost option that is helping to enable the adoption of EVs by the masses and is taking some of the demand pressure off lithium-ion battery metals such as cobalt, nickel, and manganese. Adding...

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