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Old 03-29-2021, 01:55 AM
Sparty Sparty is offline
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Default Battery metals in 2030: lithium, cobalt, rare earths, graphite, nickel, copper

Really good article from Stockhead's analysis of UBS report.....

Battery metals in 2030: Here’s how lithium, cobalt, rare earths, graphite, nickel and copper could make your kid rich

By 2030, UBS also predict that:

Lithium demand will lift ~1100% from ~400,000 to 4.4 million tonnes
Natural graphite demand grows by 700%
Demand for nickel grows from ~2.6mtpa to 5.8mtpa
Rare earths neodymium (Nd) and praseodymium (Pr) face “a step change” in demand from ~30ktpa towards ~100ktpa
Cobalt demand to expand over the next decade from around 120ktpa to over 400ktpa
And by 2030, copper consumption in EVs — which averages 90kg vs 20kg in ICE vehicles — will represent 4.4mt of copper demand or around 13% of the total.

Read the article

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

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