Acronyms and Glossary

arb             arbitrage

BEV            battery electric vehicle

Cr               chromium

crude          crude oil

Cu              copper

D v S          demand versus Supply

EV               electric vehicle

Fe               iron

FFV             fundamental fair value

HEV             hybrid electric vehicle

HFCV           hydrogen fuel cell vehicle

HPAL            high pressure acid leach

ICE              internal combustion engine

INDO           Indonesia

LIB              lithium-ion battery, Li-ion battery

LME             London Metal Exchange

MNI             molten nickel iron

NEV             new energy vehicle

Ni                nickel

Ni28biz        abbreviation for: Nickel28.biz

OEM             original equipment manufacturer

NPI              nickel pig iron

PHIL            Philippines

PHEV           plug-in hybrid electric vehicle

ROW           rest of the world

ShFE           Shanghai Futures Exchange

SST             austenitic stainless steel

TEK             technical signal(s)

WtPitP         Why the Price is the Price

VAT             value added tax