Extract from Bloomberg News;The U.S. pumped trillions of dollars...

Extract from Bloomberg News;

The U.S. pumped trillions of dollars of stimulus into the economy to keep it from collapsing during the health crisis and planned infrastructure spending to rebuild roads, bridges and the electric grid – projects that would require enormous quantities of materials like steel and cement. Post-pandemic government largess in Europe and other regions could fund the so-called energy transition, the shift to renewable power sources, electric vehicles and everything needed to phase out polluting fossil fuels. That means more copper to produce EVs and charging stations, along with other building blocks of the electric revolution – lithium, cobalt, nickel and graphite – as well as so-called rare earths, needed for hi-tech products and batteries.