By 2028, it is projected that the global demand for nickel for battery production will grow by 1,237 percent. In that timeframe lithium demand for batteries is expected to grow by 575 percent.
Projected metal demand growth for battery production worldwide by 2028
(in percent)
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Mining Association of Canada. (February 24, 2021). Projected metal demand growth for battery production worldwide by 2028 (in percent) [Graph]. In Statista. Retrieved February 14, 2025, from https://www.statista.com/statistics/665038/projected-growth-in-metal-demand-for-battery-production-worldwide/?__sso_cookie_checker=failed
Mining Association of Canada. "Projected metal demand growth for battery production worldwide by 2028 (in percent)." Chart. February 24, 2021. Statista. Accessed February 14, 2025. https://www.statista.com/statistics/665038/projected-growth-in-metal-demand-for-battery-production-worldwide/?__sso_cookie_checker=failed
Mining Association of Canada. (2021). Projected metal demand growth for battery production worldwide by 2028 (in percent). Statista. Statista Inc.. Accessed: February 14, 2025. https://www.statista.com/statistics/665038/projected-growth-in-metal-demand-for-battery-production-worldwide/?__sso_cookie_checker=failed
Mining Association of Canada. "Projected Metal Demand Growth for Battery Production Worldwide by 2028 (in Percent)." Statista, Statista Inc., 24 Feb 2021, https://www.statista.com/statistics/665038/projected-growth-in-metal-demand-for-battery-production-worldwide/?__sso_cookie_checker=failed
Mining Association of Canada, Projected metal demand growth for battery production worldwide by 2028 (in percent) Statista, https://www.statista.com/statistics/665038/projected-growth-in-metal-demand-for-battery-production-worldwide/?__sso_cookie_checker=failed (last visited February 14, 2025)
Projected metal demand growth for battery production worldwide by 2028 (in percent) [Graph], Mining Association of Canada, February 24, 2021. [Online]. Available: https://www.statista.com/statistics/665038/projected-growth-in-metal-demand-for-battery-production-worldwide/?__sso_cookie_checker=failed