Hunger for raw materials caused by climate change

According to estimates, the global market for lithium-ion batteries will grow by around 30 percent. Lithium-ion batteries are not only installed in electric vehicles, but also in energy storage systems and a wide range of portable devices. Around 80 percent of batteries are installed in vehicles. Around 15 million electric vehicles are expected to be on the roads in Germany by 2030. Unfortunately, the expansion of electromobility is still progressing too slowly. As the Federal Environment Agency has calculated, there will probably only be 8.2 million electric cars. However, electromobility is just one of several areas with the help of which CO2 neutrality is to be achieved. The heart of electric cars is the battery. Electromobility has sparked a veritable hunger for raw materials.

The necessary raw materials are often extracted from the ground under very problematic conditions. And while a mid-range car requires around five to eight kilograms of lithium, this amount often doubles in the higher-end segment. Lithium-ion batteries also contain cobalt, nickel, manganese and graphite. The hunger for raw materials can be seen in the increased quantities mined and also in the price trend for lithium and cobalt, for example. Lithium can be found in the lithium triangle of Bolivia, Chile and Argentina as well as in Australia, China and the Congo. There is also lithium in Canada.

Targa Exploration – https://www.commodity-tv.com/ondemand/companies/profil/targa-exploration-corp/ – has 15 promising lithium projects in Quebec, Saskatchewan, Ontario and Manitoba.

Lithium, cobalt and rare earths are in the projects of U.S. Critical Metals – https://www.commodity-tv.com/ondemand/companies/profil/us-critical-metals-corp/ -. These are located in Nevada, Montana and Idaho.

Current company information and press releases from U.S. Critical Metals (- https://www.resource-capital.ch/en/companies/us-critical-metals-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/