As the world gears up for the United Nations Climate Change Conference (COP-29) in November this year, nations which are most vulnerable to climate change are launching and executing strategies to mitigate the extreme variability and erratic fluctuations in global weather.
China’s annual “two sessions” gives an indication of China’s broad policy direction for the year, covering topics from the economy to industrial strategy to environmental protection. David Chen explains the highlights, and the implications for the nickel value chain.
With global EV sales approaching 14 million cars in 2023 with a year-on-year growth rate of 35% it is clear that EVs are gaining acceptance rapidly.
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?
Materials selection for any piece of equipment or a process system is rarely a simple task, unless you are exactly replicating something successful. Often engineers will have a checklist to help them narrow down the choices, eliminating groups of materials that are not suitable for various reasons. Austenitic 300 series stainless steels containing 7-35% nickel will have most if not all of the boxes checked for being suitable where a stainless steel is desired.
The sudden failure of a building or bridge is mercifully a rare event, thanks largely to international or national standards: structures are designed in accordance with a design standard, using products conforming to a product standard and manufactured using techniques and to a quality level defined in a construction standard.
The selection of an alloy should be guided by careful examination of the needs of the application. Before making a switch, it’s important to fully investigate an alloy’s strengths, weaknesses and applicability to your structure.
Electrification of light-duty vehicles is trending in many parts of the world and is on track to become a consumer driven phenomenon but let’s not forget the heavy-duty vehicles such as trucks and buses.
The many new and innovative applications of hydrogen as fuel show great promise for a greener future.
New energy legislation is set to optimize China’s energy structure and boost the use of non-fossil energy. Aligning with China’s regulatory agenda, nickel will play a vital role in tomorrow’s world powered by cleaner energy.