Ache now, acquire later? Australia wrestles with EV battery metals hunch

SYDNEY — A chronic hunch within the value of metals utilized in electrical automobile batteries has spotlighted the challenges Australia faces in its quest to develop into a key participant within the world inexperienced transition.

A number of Australian nickel miners introduced this month that they have been slowing or halting operations due to weak costs, whereas a downgrade within the outlook for lithium noticed lenders withdraw a $500 million mortgage for a deliberate mission.