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by Teknomancer
705 days ago
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Chromium mining is crucial for the steel production industry because chromium is a key ingredient in the production of stainless steel. We've been hunting and mining it for a LONG time now. Stainless is important to so many preexisting industries, such as new construction, automotive, aerospace, and household appliances. Consequently, there have been shortages in the availability and mining of chromium and this has directly impacted the production capacity and quality of stainless steel in the recent market.
Seems solid-state battery production will be in competition with these industries and I would hedge a bet that Stainless Prices will go high in the coming decades as a reflection of the pinch on chromium. |
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