Tag: nickel

New York bans gas-powered car sales after 2035; Will Elon Musk start mining?

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Post date December 21, 2021

New York passed legislation this week that requires all automobiles offered in the state to be zero-emission after 2035.

John Feneck, Chief Executive Officer of Feneck Consulting, talks about the influence on the metals markets with David Lin, anchor for Kitco Information.

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Why gold will be ‘left behind’ in 2021 compare to these metals – Kai Hoffmann

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Post date January 25, 2021

Opportunities exist for base steels to exceed gold this year, stated Kai Hoffmann, Chief Executive Officer of Soar Financial Group.

" With Biden relocating right into the White Residence, the Green campaign has been taking a lot of the information, so nickel, cobalt, and also uranium, somewhat," Hoffmann said. "Gold could be left behind a little bit in terms of the appearance [about] the various other commodities."

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Kitco Information is the globe's # 1 resource of steels market information. Our videos feature interviews with popular industry numbers to bring you market-affecting understandings, with the goal helpful individuals make educated investment choices.

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The one metal Elon Musk really needs, and what our future depends on

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Post date August 6, 2020

While Tesla's chief, Elon Musk, has actually asked for as much nickel to be generated as possible, this doesn't indicate that Tesla will certainly be generating any minerals of their very own any time quickly, claimed Ken Hoffman, senior specialist at McKinsey.

" Everybody wants the exact same 2 things from an electric lorry today, and that is, it [has the exact same variety] as my gas auto and also it recharges as quick as my gas car. Innovation today is headed to a place where we can do that, but in order to do that, we need particular metals, and also the one metal we actually need in the cathode … is you require nickel," Hoffman informed Kitco News.
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What economic collapse? This sector’s growth outlook may surprise you

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Post date June 27, 2020

Despite weaker customer belief as a result of the recent economic downturn, the electrical auto market is expected to see a healthy rebound in development, claimed Neal Brewster, manager of technique consulting at Roskill.

" Electric vehicle (EV) sales are in fact doing quite well, and I think those will come back much more swiftly. I think we might see governments really motivate EV sales, so for those particular markets, I'm in fact fairly bullish, [and see] great chauffeurs longer-term," Brewster said.
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Kitco Information is the world's # 1 resource of steels market information. Our videos include meetings with prominent industry numbers to bring you market-affecting insights, with the objective of helping individuals make educated investment choices.

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