Found this interesting, never realized the world was short of materials from this perspective..To produce 20m vehicles Tesla alone needs more than the total volume of lithium and natural graphite produced last year, almost a third of the magnet rare earths, 36% of the cobalt, and so on.
No single enterprise consumes 1.8m tonnes of copper per year, not even China’s state grid, and laying your hands on a quarter of the world’s nickel may prove impossible, no matter how many times you meet with the Indonesian president.
$100 billion is a nice round number for mining companies hoping to supply the raw materials for the world’s number one electric carmaker.
So is $1 trillion when every automaker is an electric one.
Found this interesting, never realized the world was short of...
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
-0.010(6.25%) |
Mkt cap ! $331.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.0¢ | $1.975M | 12.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 60 | 2239419 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1102983 | 38 |
View Market Depth
| Last trade - 12.01pm 15/05/2024 (20 minute delay) ? |
|
|||||
|
Last
15.3¢ |
Change
-0.010 ( 3.24 %) |
||||
| Open | High | Low | Volume | ||
| 16.3¢ | 16.5¢ | 15.0¢ | 7302711 | ||
| Last updated 12.20pm 15/05/2024 ? | |||||
| CXO (ASX) Chart |