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Worldwide Battery Metals Industry to 2027 – Opportunity Analysis and Forecast – ResearchAndMarkets com

Posted on 310 ResearchAndMarkets.com’s offering. The global battery metals market was valued at $11. 3 billion in 2019, and is projected to reach $20. 5 billion by 2027, growing at a CAGR of 8. 2% from 2020 to 2027. Battery metals are the raw materials used in the production of batteries such as lithium, nickel, cobalt, manganese, and graphite. These battery metals are increasingly used in batteries for electric vehicles, consumer electronics, and other applications. Lithium metals are extracted from the brines and hard rock deposits present in the economies such as China, Americas, Australia, Canada, Brazil, and Portugal. Cobalt is most widely used as the cathode material in the lithium-ion batteries. Nickel is used in battery applications, owing to its high energy density and storage capacity.

These ASX shares have more than doubled in 2020

These ASX shares have more than doubled in 2020 James Mickleboro | December 23, 2020 6:56am | More on: Image source: Getty Images Despite the negative impact of the COVID-19 pandemic on the share market this year, a good number of shares have recorded very impressive gains. Three that have even managed to double in value in 2020 are listed below. Here’s why they are on fire this year: The Fortescue share price is up a sizeable 120% since the start of the year. Investors have been buying the mining giant’s shares following a sharp rise in the iron ore price. Due to supply concerns in Brazil and robust demand for the steel making ingredient in China, the iron ore price recently hit a nine-year high of US$176.90 a tonne. This compares to the company’s C1 production cost of just US$12.74 per wet metric tonne.

Global Battery Metals Market (2020 to 2027) – by Metals Type and Application – Padovanews

Global Battery Metals Market (2020 to 2027) – by Metals Type and Application – Padovanews
padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.

Galaxy Resources Limited Announcement

Galaxy Resources Limited Announcement Galaxy Resources Limited advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company’s platform : Successful Completion of Retail Entitlement Offer The announcement can be viewed at: SOURCE Galaxy Resources Limited View original content Galaxy Resources Limited (ASX:GXY) ( Company ) advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company’s platform (ASX): Successful Completion of Retail Entitlement Offer The announcement can be viewed at:   PROMISING Stock Picks! Get the latest information about companies associated with Australia Investing Delivered directly to your inbox.

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