Russian mining giant Nornickel is making a bold move to diversify its palladium market, a key component in electric vehicle (EV) production, with a groundbreaking new catalyst for lithium-sulphur batteries. As the world shifts towards more sustainable energy solutions, Nornickel's innovative technology could potentially disrupt the EV industry by offering a more cost-effective and environmentally friendly alternative to traditional lithium-ion batteries. The lithium-sulphur battery has long been touted as a promising next-generation technology, but its high cost and limited lifespan have held it back from widespread adoption. With Nornickel's new catalyst, the company is poised to unlock the full potential of lithium-sulphur batteries and tap into a rapidly growing market for EVs.
Nornickel seeks new market for palladium in EVs with catalyst for lithium‑sulphur batteries Reuters
