Dutwa will produce two of the metals most impacted by fast growing new technologies
Nickel/Cobalt
Electric cars and nickel demand
A shift of just 10% of the global car fleet to electric vehicles would create additional demand of 400,000 tonnes of nickel, in a 2m tonne market
Lithium-ion batteries
High-purity nickel and cobalt sulphate are key raw material inputs for the rapidly growing battery industry
Dominant chemistries
‘Our cells should be called nickel-graphite, because the cathode is nickel and the anode is graphite’ Elon Musk –Tesla 2016
Chinese demand
The use of nickel cobalt battery solutions is accelerating in China with a number of the major electric vehicle converting to NCM chemistry
Problematic supply chain
65% of global cobalt production originating in the DRC of which 45% is mined artisanally. Significant demand for new supply options
