Predominantly a stainless steel maker, the company came out of nowhere to become the world's top nickel producer in 2018 thanks to its pioneering use of low-grade nickel pig iron.
Tsingshan Holding Group, the Chinese firm that shook the nickel world by rapidly boosting output in Indonesia, is among the latest entrants to the white-hot lithium sector, potentially making it a one-stop shop for electric vehicle (EV) battery ingredients.
Winners and losers in the energy transition naturalgasworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasworld.com Daily Mail and Mail on Sunday newspapers.
Commodity markets can make or break economies. In the first half of the 19th century, the booming whaling industry made New England rich, and New Bedford, Massachusetts, was probably for a while the most prosperous city in the US. But overharvesting made whaling increasingly difficult and whale oil more expensive, and it was steadily replaced .