Trends in Aluminum and Nickel Markets

This chapter analyzes the evolving dynamics of the aluminum and nickel markets, highlighting a strengthening aluminum sector amid declining production capacities in Western countries. It discusses the growing dominance of Indonesia in nickel production and the shifting preferences in battery technologies, especially towards lithium iron phosphate (LFP) over nickel cobalt-based batteries. The conversation also addresses the broader implications of these trends for electric vehicles and the energy transition, including future innovations in battery technology.