Electromobility and the increasing need for energy storage will fuel demand for cobalt and lithium.
While about 6.6 million passenger electric vehicles were sold in 2021, that number is expected to reach an estimated 21 million by 2025. Investors should not worry about cobalt-free cathode technologies reducing cobalt demand, according to Benchmark Mineral Intelligence. That's because the dominant cathode type will continue to be nickel-cobalt-manganese technology. For example, cobalt demand in lithium-ion batteries is expected to increase by approximately 11.3 percent annually.
And this is a longer-term trend. Even if the volume of cobalt in cathodes decreases, this will be more than offset by the growth rate of the electromobility market. Markets such as aerospace and military are also expected to remain robust. between 2013 and 2021the cobalt consumption grew by about eight percent each year.
A growing mine supply will struggle to keep pace with growing demand. Cobalt is not only available in Congo or Indonesia, but also, for example, at Mawson Gold's - https://www.commodity-tv.com/ondemand/companies/profil/mawson-gold-ltd/ - Rajapalot cobalt-gold project in Finland. In addition, there are extremely promising rights to stakes in gold projects in Sweden and Australia.
Another metal used in lithium-ion batteries is lithium. Lithium occurs in hard rock deposits, such as in Australia or in evaporated brines. Most lithium brine production comes from salars in Argentina and Chile. Around two-thirds of the lithium produced goes into the manufacture of batteries. The rest goes to other industries. The energy transition and the raw materials needed for it should also be on investors' minds.
Among the lithium companies, Alpha Lithium - https://www.commodity-tv.com/ondemand/companies/profil/alpha-lithium-corp/ - , for example, is appealing with its advanced lithium projects in the lithium triangle in Argentina.
Current corporate information and press releases from Alpha Lithium (- https://www.resource-capital.ch/en/companies/alpha-lithium-corp/ -) and Mawson Gold (- https://www.resource-capital.ch/en/companies/mawson-gold-ltd/ -).
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/
While about 6.6 million passenger electric vehicles were sold in 2021, that number is expected to reach an estimated 21 million by 2025. Investors should not worry about cobalt-free cathode technologies reducing cobalt demand, according to Benchmark Mineral Intelligence. That's because the dominant cathode type will continue to be nickel-cobalt-manganese technology. For example, cobalt demand in lithium-ion batteries is expected to increase by approximately 11.3 percent annually.
And this is a longer-term trend. Even if the volume of cobalt in cathodes decreases, this will be more than offset by the growth rate of the electromobility market. Markets such as aerospace and military are also expected to remain robust. between 2013 and 2021the cobalt consumption grew by about eight percent each year.
A growing mine supply will struggle to keep pace with growing demand. Cobalt is not only available in Congo or Indonesia, but also, for example, at Mawson Gold's - https://www.commodity-tv.com/ondemand/companies/profil/mawson-gold-ltd/ - Rajapalot cobalt-gold project in Finland. In addition, there are extremely promising rights to stakes in gold projects in Sweden and Australia.
Another metal used in lithium-ion batteries is lithium. Lithium occurs in hard rock deposits, such as in Australia or in evaporated brines. Most lithium brine production comes from salars in Argentina and Chile. Around two-thirds of the lithium produced goes into the manufacture of batteries. The rest goes to other industries. The energy transition and the raw materials needed for it should also be on investors' minds.
Among the lithium companies, Alpha Lithium - https://www.commodity-tv.com/ondemand/companies/profil/alpha-lithium-corp/ - , for example, is appealing with its advanced lithium projects in the lithium triangle in Argentina.
Current corporate information and press releases from Alpha Lithium (- https://www.resource-capital.ch/en/companies/alpha-lithium-corp/ -) and Mawson Gold (- https://www.resource-capital.ch/en/companies/mawson-gold-ltd/ -).
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/
