Mark Mistry and Marco Vallini argue that for the EU Critical Raw Materials Act to fulfil its promise to address the energy transition, industry needs planning security for both ‘critical’ and ‘strategic’ raw materials.
Just as the EV revolution was gearing up to become consumer driven, there was an increase in raw material prices, semi-conductor shortages and recently a steep rise in electricity prices. At a time of energy crisis, are EVs still a game changer?
Reducing energy-related CO2 emissions is pivotal to limiting climate change, with the main drivers to bring about the required carbon reductions being renewable energy and energy efficiency. Concentrated solar power is one such renewable energy technology set to increase dramatically in the foreseeable future. It will need to provide energy at a competitive cost to outshine the competition.
While it may require an initial higher investment when compared with other materials, stainless steel’s unique properties deliver long-term performance and economic benefits including minimum downtime, reduced maintenance costs and reduced environmental impacts.
Food safety starts with rigorous hygiene, and nickel-containing stainless steels are the superior, reliable standard at every link of the food chain.
Ever-tightening sulphur oxide (SOx) emission regulations are increasing the use of marine scrubbers globally. Scrubbers operate in a highly corrosive environment and require the resilience of nickel-containing alloys to prevent failure.
Most nickel production is destined for stainless steel. But a significant 8% is used in the production of alloy steels which are needed to deliver specific characteristics for specialised and often critical applications.