Lowering Cobalt and Nickel into New Trends

Driven by policies, the demand for high energy density ternary materials has rapidly increased in recent years. Cobalt is an important raw material in ternary materials, but its resources are scarce, and prices have continued to rise since 2017. Under the pressure of cost pressures and subsidy, the ternary material "reduction of cobalt and nickel" has become a new trend.