5 Takeaways from Antaike's Nickel & Cobalt Forum, 2023

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Wood Mackenzie’s analyst, Karoline Sun, together with over 1,000 delegates, attended Antaike’s China International Nickel & Cobalt Industry Forum in Shanghai, China, on 24-26 October 2023. The various presentations and conversations with delegates verified many of our recently published views in terms of important trends in 2023 and beyond. This insight summarises five key takeaways.

Table of contents

  • #1. Nickel surplus is to remain in the next two years driving nickel price down
  • #2. Great Power’s new projects will commence in 2024
  • #3. CATL marks its global footprint expansion in Indonesia with ANTAM and IBI
  • #4. Metal production in China this year is expected to exceed 240 kt
  • #5. Indonesia faces increased nickel mining costs and lower ore grades

Tables and charts

This report includes 1 images and tables including:

  • CATL's EV battery integration project details

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    5 Takeaways from Antaike's Nickel & Cobalt Forum, 2023

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