Nickel and Copper Market Outlook: Vale Base Metals Sees Strong Demand for NCM and LFP

Post Views: 326 Vale NCM and LFP Cathodes Vale Confirms Market for NCM and LFP Cathodes Vale Base Metals emphasizes that both nickel cobalt manganese (NCM) and lithium iron phosphate (LFP) batteries will coexist in the market. COO Alfredo Santana stated that nickel remains crucial for aerospace, defense, and other industrial uses. Despite rising LFP adoption due to cost advantages, NCM demand persists in sectors requiring higher energy density. Global nickel supplies, particularly from Indonesia, are abundant, yet demand from battery producers has not surged proportionally. Santana added that ...