Discover and read the best of Twitter Threads about #Nornickel
Most recents (4)
#Russia’s nickel & Germany’s #cathode and auto #EV industry.
Nornickel + #BASF: An long term term partnership descends into an unholy alliance
As Russia attacks Ukraine, our industry’s eyes are fixed on @BASF and what it does next
And here’s why…
#UkraineUnderAttack
Nornickel + #BASF: An long term term partnership descends into an unholy alliance
As Russia attacks Ukraine, our industry’s eyes are fixed on @BASF and what it does next
And here’s why…
#UkraineUnderAttack
Russia’s Nornickel (Norilsk) supplies 20% of world’s class 1 nickel - the suitable supply for lithium ion batteries and #ElectricVehicles (and 7% of global nickel)
Most of this goes to China.
#UkraineUnderAttack
Most of this goes to China.
#UkraineUnderAttack
Germany was relying on expanded future supply of Russian #nickel as a key pillar in its battery and #EV expansion
This is via the partnership between Nornickel and German chemical / cathode maker, #BASF
#UkraineUnderAttack
This is via the partnership between Nornickel and German chemical / cathode maker, #BASF
#UkraineUnderAttack
🔋 The demand for #copper from the #GreenEnergy sector could almost quadruple by 2030.
The rapid global transition to environmentally friendly generation increases #NorilskNickel's revenue. The copper business brings 26% of the company's revenue.
$GMKN $MNOD $NILSY #NorNickel
The rapid global transition to environmentally friendly generation increases #NorilskNickel's revenue. The copper business brings 26% of the company's revenue.
$GMKN $MNOD $NILSY #NorNickel
Now the demand from the #GreenEnergy sector is 1.4 million tons annually. By 2030, the aggregate demand for #copper may grow by 20% - up to 5.4 million tons.
mining.com/green-copper-d…
mining.com/green-copper-d…
Transition to green power generation is impossible without #copper. Copper is high-capacity conductor of #electricity, used in #SolarPanels, hydro and #windpower plants. These #renewableenergy systems require 12 times more copper than traditional ones. #solarenergy
Demand for #nickel from #ElectricVehicles will grow 13 times by 2030. #NorilskNickel benefits from the trend of long-term growth in demand for nickel: the company earns 21% of its revenue from this metal.
$GMKN $MNOD $NILSY #NorNickel
$GMKN $MNOD $NILSY #NorNickel
Nickel is one of the most important elements of batteries for #ElectricCars. Nickel will be in high demand over the next few decades as #gasoline cars are replaced by electric ones. #Nickel demand from electric cars can grow at a rate of 29% per year.
greencarcongress.com/2021/03/202103…
greencarcongress.com/2021/03/202103…
Aggregate demand for #nickel could grow 36% by 2024. In 2026, this will lead to a deficit of 560 thousand tons. Scarcity means higher prices, metal miners will benefit from this.
globalminingreview.com/special-report…
globalminingreview.com/special-report…
Palladium production may decline in 2021 by 20% because of an accident at the mines of #Nornickel, major #palladium producer in the world. Regardless of how the situation at the mines will be resolved, the market may experience a price shock.
Part 1/1 Nornickel is the major world’s #palladium and high-quality #nickel producer and also a major producer of #platinum and #copper. The company produced a total of 2,826 thousand ounces of palladium (80115 kg) in 2020, that accounts for 40% of palladium world production.
1/2 On 24/02/21 it became known that operations at Oktyabrsky and Taimyrsky were suspended due to flooding by groundwater. These 2mines are largest copper-nickel deposits and key assets of $GMKN, with a combined production of 9.5 mn tons of ore per year- 36% of all output in 2020
