Demand for nickel sulphate set to explode as industry excitement builds

Thomas Höhne-Sparborth, senior economic analyst at Roskill, discusses with Proactive Investors the outlook for nickel sulphate.

Nickel sulphate is the key material used to produce precursor materials for lithium-ion batteries.

Höhne-Sparborth suspects forecasts that nickel sulphate demand will increase five fold over the next decade are conservative and says the big question is not so much whether the demand is there but whether there will be enough raw materials to meet that demand.