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What are Nickel Alloys Used For?

According to statistics from China Chemical and Physical Power Supply Industry Association, China's export volume and export value of lithium-ion batteries have continued to increase. In 2021, China's exports of lithium-ion batteries were 3.428 billion, with a year-on-year growth of 54.34%. The export of lithium-ion batteries was 28.428 billion DOLLARS, up 78.34% year on year. 

From the battery export destination, so far. China's lithium-ion batteries are mainly exported to the Asia Pacific and the United States and other places. In terms of price, the price of nickel alloy, led by lithium-ion batteries, is expected to expand globally. 

Nickel alloys are metals made by combining nickel as the main element with another material (usually titanium, copper, aluminum, iron, and chromium). 
It combines two materials to provide more desirable functions, such as higher strength or corrosion resistance. Due to its unique performance, it is used in a variety of devices in multiple industries.
About 90% of all new nickel sold each year is used to make alloys. The most popular is stainless steel, which accounts for about two-thirds of newly produced nickel alloys. 



Enhanced properties provided by the material:
Improved versatility
Higher toughness 
Enhanced corrosion resistance 
Oxidation resistance 
Strength increases at higher and lower temperatures 
Magnetic
Electronic properties
 
Many nickel-based alloys have excellent properties at temperatures above 1000°C, making them ideal for extremely harsh environments. They provide excellent oxidation resistance at high temperatures while maintaining high-quality weldability, machinability, and ductility.
 

How long is the life of nickel alloy? 
Nickel alloys have an average life of 25 to 35 years. Depending on the application, the service life may be longer. So, the material is more cost-effective than other metals. Nickel alloys are recyclable and have one of the highest recovery rates in the world. About half of the nickel in stainless steel products comes from recycled nickel materials. 
 

Nickel alloy applications:
This material is common in a variety of devices and objects that people use every day, including: 
Mobile phone 
Food preparation equipment 
Medical equipment 
Laboratory equipment 
Transportation
Plane 
Pharmaceuticals 
Building materials 
Aircraft and power turbines 
Nuclear power system 
 
The energy, chemical, petrochemical, and power industries rely on nickel superalloys for their excellent oxidation resistance and high-temperature strength in critical applications. Alloys of nickel, chromium, and molybdenum offer enhanced corrosion resistance. 



Superalloys are made by adding homogeneous elements (including chromium, aluminum, cobalt, and titanium) to produce optimal directional solidification or single crystal structure, thus giving the material strength beyond that of ordinary steel. These nickel-based alloys are used in extremely hot environments, such as gas turbines and aircraft for electricity generation. 
 
Iron-bearing nickel alloys are popular in electronics and specialty engineering. Nickel alloys with copper are used in Marine engineering because of their corrosion resistance in seawater.
 
Wastewater treatment and piping systems have increased the use of this type of stainless steel because of its very low corrosion rate when treating water, even at high flow rates.  It also offers incredible strength and ductility and is easy to manufacture, making it easier to use a cheaper method of joining when assembling pipes. 
 
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Southern Copper Corp (SCCO.N) recently said its Peruvian mine remained closed after a six-week standoff with protesters and blamed the Peruvian government for failing to intervene in the safety of its 1,300 workers and their families.  

The company said in a statement that a recent agreement to end protests at the Cuajone mine required the company to withdraw complaints against protest leaders because railways transporting minerals and supplies remained blocked. Production has been suspended since the end of February.  

Peru's Energy Ministry said in a separate statement that it had also reached an agreement with Southern Copper to start talks to find common ground with local communities.  

"If we shut down for a year, the government will stop receiving more than 3.1 billion soles ($830 million) in taxes and royalties, and 8,000 direct and indirect jobs will be lost. This is what we want to avoid, "Southern Copper added in the statement.

Peru has faced a wave of protests from indigenous communities, who accuse mining companies of not providing enough jobs and funding to poor local residents.  

Central bank officials said last week that protests against copper mines such as MMG's Las Bambas and Southern Copper's Cuajone were dragging down the economy.  

Peru is the world's second-largest copper producer and mining is an important source of tax revenue for the country. It is estimated that the supply and prices of the nickel alloy will be influenced by that.

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