Featured in FoxESS Special Edition 2020

From nickel to energy

China-based private stainless steel giant Tsingshan Group is now exploring a new frontier with its entrance into the clean energy industry. Nickel is one of the most crucial raw materials being used for lithium NMC (nickel manganese cobalt oxide) batteries, which have become the leading lithium-ion battery technology behind the rise of electric vehicles (EV) and energy storage systems (ESS).
By
pv magazine
Photo: Tsingshan Holdings Group

While more than 70% of global nickel demand is consumed by the stainless steel industry, this metal is becoming increasingly sought after in the emerging markets for electric vehicles (EV) and energy storage systems (ESS). And the world’s largest stainless steel company, Tsingshan Group, is offering an entire supply chain – from upstream nickel mining …

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