"So why are junior mining companies with commodity exposure to these changes underway finding it hard to raise capital? I believe a major impediment keeping investors on the sideline is understanding the battery life cycle, how battery technology evolves and how long it takes to bring a new battery to market. Announcements by companies proclaiming to eliminate a certain commodity from their battery, or invent a new type of battery all together can have a material impact on investor sentiment."
"Innovation on an industrial scale follows money, and all of the money is being spent on the NMC and NCA lithium-ion batteries for EVs. Certainly we are going to see innovation and developments within the current battery chemistries, however, it is very unlikely that we will see a new widely adopted technology overtake the current lithium-ion battery for at least a decade and probably longer."
