Clean energy is the magic word when it comes to avoiding the consequences of climate change.
Estimates for the next decades assume a demand for metals that has never existed before - up to three billion tons could be necessary. If we consider the battery of an electric vehicle, about eight kilograms of lithium, 35 kilograms of nickel and 14 kilograms of cobalt are required. Charging stations consume large amounts of copper. And solar panels use copper, silver and zinc. Wind turbines devour copper, aluminium and iron ore.
This could lead to further highs in metal prices, after metal prices have already risen sharply. Low-carbon technologies devour huge quantities of mineral and metal deposits. If one believes the renowned International Energy Agency, for example, the decline in fossil fuels from almost 80 percent to around 20 percent will require enormous investment. An eightfold increase would be the consequence. But it takes a long time before new mines are ready for production, and supply bottlenecks could loom. If the forecast increase in metal consumption up to the year 2050 is taken as a basis, then the production volume of nickel or cobalt would appear to be insufficient. This gap could even be more than two-thirds. The same applies to current copper and platinum reserves, which will probably be far from sufficient to meet future demand. Larger production volumes are needed. Investments, exploration efforts and also increased recycling can help. In any case, companies with the sought-after metals in their projects are likely to back the right horse.
There is Sibanye-Stillwater - https://www.youtube.com/watch?v=vPSoSxCHueY -, for example. The group not only owns gold operations but is also one of the big players in platinum and palladium. And the focus is increasingly on battery metals.
Kutcho Copper - https://www.youtube.com/watch?v=6eU0-uO2nDw&t=70s - also has an encouraging feasibility study for its Kutcho copper and zinc project (a good 17,000 hectares) in British Columbia.
Current company information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -) and Kutcho Copper (- https://www.resource-capital.ch/en/companies/kutcho-copper-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/
Estimates for the next decades assume a demand for metals that has never existed before - up to three billion tons could be necessary. If we consider the battery of an electric vehicle, about eight kilograms of lithium, 35 kilograms of nickel and 14 kilograms of cobalt are required. Charging stations consume large amounts of copper. And solar panels use copper, silver and zinc. Wind turbines devour copper, aluminium and iron ore.
This could lead to further highs in metal prices, after metal prices have already risen sharply. Low-carbon technologies devour huge quantities of mineral and metal deposits. If one believes the renowned International Energy Agency, for example, the decline in fossil fuels from almost 80 percent to around 20 percent will require enormous investment. An eightfold increase would be the consequence. But it takes a long time before new mines are ready for production, and supply bottlenecks could loom. If the forecast increase in metal consumption up to the year 2050 is taken as a basis, then the production volume of nickel or cobalt would appear to be insufficient. This gap could even be more than two-thirds. The same applies to current copper and platinum reserves, which will probably be far from sufficient to meet future demand. Larger production volumes are needed. Investments, exploration efforts and also increased recycling can help. In any case, companies with the sought-after metals in their projects are likely to back the right horse.
There is Sibanye-Stillwater - https://www.youtube.com/watch?v=vPSoSxCHueY -, for example. The group not only owns gold operations but is also one of the big players in platinum and palladium. And the focus is increasingly on battery metals.
Kutcho Copper - https://www.youtube.com/watch?v=6eU0-uO2nDw&t=70s - also has an encouraging feasibility study for its Kutcho copper and zinc project (a good 17,000 hectares) in British Columbia.
Current company information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -) and Kutcho Copper (- https://www.resource-capital.ch/en/companies/kutcho-copper-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/
