Australian authorities to fulfill battery metallic producers as costs stoop

SYDNEY — Nickel and lithium producers in Australia are halting or slowing operations amid a persistent value stoop, with the federal government saying it plans to fulfill with corporations to debate doable assist measures for the trade.

Nickel and lithium are key elements in electrical car batteries, however oversupply and questions on the energy of world demand for EVs have sharply pushed down costs in latest months.